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US dollar edges higher on yen after Tokyo’s likely intervention last week
US dollar edges higher on yen after Tokyo’s likely intervention last week
THE US dollar regained some lost ground on the Japanese yen on Tuesday (Jul 16) even as traders remained wary of further intervention by Tokyo to prop up their...
BHP to temporarily suspend Western Australia nickel operations
BHP to temporarily suspend Western Australia nickel operations
It is reeling from a plunge in metal prices and an oversupply in the global marketAustralia’s BHP Group will temporarily suspend its Nickel West operations and West Musgrave project...
Bank Negara holds key rate as subsidy cuts pose inflation risks
Bank Negara holds key rate as subsidy cuts pose inflation risks
Malaysia’s central bank kept its benchmark interest rate steady on Thursday (Jul 11), in line with market expectations, as it flagged an expected pickup in inflation over the second...
Japan’s Nikkei hits all-time high, tops 42,000 on Wall Street gains
Japan’s Nikkei hits all-time high, tops 42,000 on Wall Street gains
Japan’s Nikkei share average surged to an all-time high on Thursday (Jul 11), crossing 42,000 points for the first time as an overnight rally in US stocks boosted investor...
Asia: Markets track Wall Street records after Powell hints at rate cut
Asia: Markets track Wall Street records after Powell hints at rate cut
ASIAN stocks on Thursday tagged along with a Wall Street rally that saw another round of record highs as bets on a September interest rate hike surged following comments...
China forbids new coal-based steelmaking for first time in years
China forbids new coal-based steelmaking for first time in years
CHINA did not permit any coal-based steelmaking projects in the first half of the year for the first time since announcing its major climate neutrality goals in 2020, according...
Gold holds ground as traders brace for US inflation data
Gold holds ground as traders brace for US inflation data
GOLD prices held steady on Thursday (Jul 11), with investors awaiting US inflation data due later in the day for more insights on the Federal Reserve’s interest rate path.Spot...
Raffles Family Office hires Terence Chow as group chief operating officer
Raffles Family Office hires Terence Chow as group chief operating officer
He will be based in Hong Kong, reporting to the company’s group chief and co-founder Kwan Chi-manRAFFLES Family Office has named Terence Chow, formerly a wealth management chief executive...
Hot stock: Second Chance up 40% on potential privatisation by founder’s family
Hot stock: Second Chance up 40% on potential privatisation by founder’s family
Mohamed Salleh and his family are looking to take the company private at S$0.30 per shareSHARES of Second Chance Properties rose as much as 39.5 per cent at Thursday’s...
Britain fast-tracks biggest company listings shake-up in decades
Britain fast-tracks biggest company listings shake-up in decades
BRITAIN’S markets watchdog on Thursday set out final rules for the biggest shake-up in how companies list on the London Stock Exchange in three decades as it seeks to...