Lifestyle
Gold set for weekly gain on US rate-cut optimism, geopolitical woes
GOLD prices were poised for a second consecutive weekly gain on Friday, driven by safe-haven demand amid tensions in the Middle East and rising bets that the US Federal Reserve...
Facebook, WhatsApp, Carousell among platforms required to comply with regulations to curb scams
SEVERAL social media apps and e-commerce platforms will be required from next week to put in place measures to proactively disrupt scams and malicious cyber activities affecting people in...
Hot stock: Heavy trading in Yoma Strategic as shares hit 16-month high
The share price has been rising since May, after the company reported a turnaround in its earningsSHARES of Yoma Strategic rose as much as 6.2 per cent in early...
Investors prime for Bank of Japan by shorting the short end of bonds
AS GLOBAL fund managers and other investors gird for the Bank of Japan’s stated gradual exit from ultra-easy policy settings, they are short-selling the shortest tenor government bonds and...
US finds no currency manipulation in 2023, Japan added to monitoring list
THE US Treasury on Thursday said no major trading partner appeared to manipulate its currency last year, but it added Japan to a foreign exchange “monitoring list”, alongside China,...
US: Nvidia suffers rare retreat as Nasdaq streak ends
THE torrid rally in Nvidia and other artificial intelligence-linked equities took a pause on Thursday, leaving the tech-centered Nasdaq lower following seven straight records.The tech-rich Nasdaq Composite Index finished...
Swiss watch exports drop in may as China slowdown persists
SWISS watch exports fell in May as a slowdown in demand for premium and luxury timepieces in China and Hong Kong continued.
Shipments dropped 2.2 per cent by value to...
India shuns China’s calls to resume passenger flights after 4 years, officials say
China is pressing India to restart direct passenger flights after a four-year halt, but New Delhi is resisting as a border dispute continues to weigh on ties between the...
Greater interest in private credit as investors move away from bonds as hedging tools: UBS forum panellist
INVESTORS that aim to hedge volatile stock market movements have started moving away from bonds into other forms of “uncorrelated assets”, particularly private credit, said panellist Bobby Jain at...
