Leadership
Gold hovers near record high as Fed’s Powell grabs limelight
GOLD prices steadied on Thursday (Sep 26) after hitting a record high on the previous session, aided by the expectations for another big rate cut by the US Federal...
Bank of Japan policymakers divided on future rate hike pace, July minutes show
BANK of Japan policymakers were divided on how quickly the central bank should raise interest rates further, minutes of the bank’s July meeting showed, highlighting uncertainty on the timing...
Stocks to watch: First Sponsor, Dyna-Mac
THE following companies saw new developments that may affect trading of their securities on Thursday (Sep 26):First Sponsor: The mainboard-listed property developer has raised gross proceeds of about S$244...
PayPal expands cryptocurrency offerings to US business accounts
PAYPAL Holdings will now permit merchants to buy, hold and sell cryptocurrency from their business accounts, expanding on the payments firm’s already-available consumer offerings.PayPal has allowed consumers to buy,...
US: Dow, S&P 500 retreat from records ahead of inflation data
THE Dow and S&P 500 fell on Wednesday, retreating from records amid a banner period for markets ahead of key US inflation data.Analysts have described the market as primed...
Global debt hits record US$312 trillion, climate finance a challenge, banking trade group says
Global debt hit a record high of US$312 trillion at the end of the second quarter, driven by borrowing in the United States and China, while a key debt...
Singapore’s high costs, Asia demand-supply gap see closure of US firm’s Jurong Island chemical plant
The company will continue supplying alkylphenol from other manufacturing facilities in Europe and the AmericasCHEMICALS company SI Group will close its alkylphenol manufacturing facility on Jurong Island in the second...
US: Wall St opens subdued as investors await Fed rate clues, data
Wall Street had a subdued start on Wednesday (Sep 25), with investors awaiting further indicators on the state of the economy and potential interest rate reductions, a week after...
