Gold Climbs on Softer Inflation Data as Fed Rate Cut Hopes Rise

Gold Climbs on Softer Inflation Data as Fed Rate Cut Hopes Rise

A recent shift in sentiment across financial markets has offered some relief to investors who have been grappling with inflation concerns. Gold prices climbed on Wednesday after softer-than-expected U.S. inflation data weakened the case for an immediate interest rate hike. For many investors, the move comes as a breath of fresh air following weeks of…

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Singaporean Man, 58, Sentenced to 31 years’ Jail for Drug Trafficking and Money Laundering; Avoids Death Penalty by 0.01g

Singaporean Man, 58, Sentenced to 31 years’ Jail for Drug Trafficking and Money Laundering; Avoids Death Penalty by 0.01g

A 58-year-old Singaporean man was sentenced to 31 years in prison for drug trafficking and drug money laundering offences, avoiding the death penalty by 0.01g. Mesnawi Dahri was arrested by the Central Narcotics Bureau (CNB) officers while in possession of not less than 14.99g of diamorphine, or “pure heroin”, for the purpose of trafficking. According…

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