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Gold flat as dollar, yields firm; investors seek more US data
Gold flat as dollar, yields firm; investors seek more US data
GOLD prices were flat on Wednesday (Jun 26) as the US dollar and Treasury yields held firm ahead of a key inflation reading due later this week, which could...
Singapore port congestion shows global ripple impact of Red Sea attacks
Singapore port congestion shows global ripple impact of Red Sea attacks
CONGESTION at Singapore’s container port is at its worst since the Covid-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean...
FTX customers to vote on multi-billion US dollar repayment plan
FTX customers to vote on multi-billion US dollar repayment plan
FTX customers will be asked in the coming weeks to vote on the failed crypto exchange’s multi-billion US dollar plan for compensating victims whose assets have been locked on...
Oil prices dip as investors fret over demand outlook
Oil prices dip as investors fret over demand outlook
CRUDE oil prices fell 1 per cent on Tuesday as weak US consumer confidence data fed worries about the economic outlook and fuel demand after a slow start to the US...
Volkswagen invests US billion in EV startup Rivian to form joint venture
Volkswagen invests US$5 billion in EV startup Rivian to form joint venture
VOLKSWAGEN (VW) will invest US$5 billion to form a joint venture with electric vehicle (EV) maker Rivian Automotive, throwing a lifeline to the struggling startup and giving the German...
Keppel Infrastructure Trust unit obtains S2.5 million green loan
Keppel Infrastructure Trust unit obtains S$612.5 million green loan
It will make payment of approximately equal debt-servicing amounts (principal and interest) every six monthsKEPPEL Infrastructure Fund Management said that a subsidiary of Keppel Infrastructure Trust has obtained a...
Bybit is now the world’s second-largest crypto exchange
Bybit is now the world’s second-largest crypto exchange
BYBIT surpassed Coinbase in March to become the world’s second-largest cryptocurrency exchange after Binance, according to a report from crypto research firm Kaiko. The launch of spot Bitcoin exchange-traded-funds in...
US: Nasdaq, S&P 500 open higher after Nvidia and other AI-linked stocks selloff
US: Nasdaq, S&P 500 open higher after Nvidia and other AI-linked stocks selloff
The Nasdaq and the S&P 500 opened higher on Tuesday (Jun 25) as Nvidia and some other AI-linked stocks rose after bruising selloffs, while investors awaited further cues on...
Nissan to start producing EVs for Dongfeng Motor by year-end: Nikkei
Nissan to start producing EVs for Dongfeng Motor by year-end: Nikkei
NISSAN Motor will produce electric vehicles for its Chinese joint-venture partner Dongfeng Motor at its Wuhan factory by year-end, the Nikkei newspaper reported on Tuesday (Jun 25), a sign...
Lufthansa raises ticket prices to meet environmental requirements
Lufthansa raises ticket prices to meet environmental requirements
Lufthansa will not be able to bear additional costs resulting from regulatory requirements in the next few yearsLufthansa will increase ticket prices on all flights departing from EU countries,...