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Gold at record levels as Powell says Fed cuts likely this year
Gold at record levels as Powell says Fed cuts likely this year
GOLD prices on Wednesday (Mar 6) hovered near a record peak hit in the previous session after US Federal Reserve chair Jerome Powell said interest rate cuts are still...
Stocks to watch: Great Eastern, Digital Core Reit, Wing Tai
Stocks to watch: Great Eastern, Digital Core Reit, Wing Tai
THE following companies saw new developments that may affect trading of their securities on Thursday (Mar 7): Great Eastern: The insurer said on Wednesday that a recent request by...
Boeing slammed for dragging feet in Alaska Airlines probe
Boeing slammed for dragging feet in Alaska Airlines probe
THE head of the federal investigation into a troubled January flight on a Boeing 737 MAX jet blasted the aviation giant on Wednesday for not providing key information quickly....
UBS ditches Credit Suisse plan to phase out coal financing
UBS ditches Credit Suisse plan to phase out coal financing
UBS Group is set to scrap a planned phaseout of coal financing that Credit Suisse had backed, as the global wealth manager prepares to unveil how the merged bank...
Europe: Tech, financials steer Stoxx 600 to record high; rate verdict awaited
Europe: Tech, financials steer Stoxx 600 to record high; rate verdict awaited
EUROPE’S main equity index hit an all-time high on Wednesday, boosted by tech and financial shares, while investors took stock of Federal Reserve Chair Jerome Powell’s Congressional testimony a...
BlackRock’s Bitcoin ETF draws record influx as coin tops US,000
BlackRock’s Bitcoin ETF draws record influx as coin tops US$69,000
INVESTORS dumped a record amount of cash into BlackRock’s Bitcoin ETF while the cryptocurrency surged to an all-time high. The iShares Bitcoin ETF (ticker IBIT) pulled US$788.3 million on...
OpenAI seeks to dismiss Musk claims, says billionaire pushed for merger with Tesla
OpenAI seeks to dismiss Musk claims, says billionaire pushed for merger with Tesla
OPENAI on Tuesday (Mar 5) rejected Elon Musk’s claims that the startup had abandoned its original mission of developing artificial intelligence for the benefit of humanity, and said the...
Wing Tai establishes S billion multicurrency debt issuance programme
Wing Tai establishes S$1 billion multicurrency debt issuance programme
WING Tai Holdings has established a S$1 billion multicurrency debt issuance programme. The property developer and fashion retailer on Wednesday (Mar 6) said it plans to use the net...
US dollar slips as Fed’s Powell says he still expects rate cuts this year
US dollar slips as Fed’s Powell says he still expects rate cuts this year
THE US dollar slipped to a one-month low against the euro on Wednesday (Mar 6) after Federal Reserve chair Jerome Powell said continued progress on inflation “is not assured,”...
UK to offer record £800 million support for offshore wind farms
UK to offer record £800 million support for offshore wind farms
BRITAIN will offer record support for new offshore wind farms in an upcoming auction as the government tries to make up ground after the process failed to draw any...