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Singapore, Asia markets bleed as Wall Street rout deepens; YZJ Shipbuilding sinks over 5%
[SINGAPORE] Asian markets took a beating at the open on Friday (Feb 6) after a new round of heavy selling hit US tech stocks and crypto. Yangzijiang Shipbuilding was...
Wall Street opens lower as commodity rout rattles markets
Published Mon, Feb 2, 2026 · 10:43 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (Feb 2), as a violent sell-off in precious metals unsettled investors at...
Singaporeans queueing up to buy the dip in gold despite rout
At UOB’s headquarters, Singapore’s only bank selling physical gold, buyers crowd a lounge for bullion tradesPublished Mon, Feb 2, 2026 · 08:19 PM[SINGAPORE] People were still queueing up to...
Bitcoin is on the verge of erasing year’s gain as the rout deepens
The fear and greed index, a gauge of market sentiment on crypto data platform CoinMarketCap, is nearing ‘extreme fear’, indicating the rising expectations for future sell-offs[NEW YORK] Bitcoin fell...
Bank of Japan should step in only in a ‘severe’ bond market rout, policymaker says
Published Thu, May 22, 2025 · 11:05 AM[TOKYO] The Bank of Japan does not need to make big changes to its bond taper plan and should only ramp up...
JD.com’s delivery clash with Meituan may worsen US$70 billion rout
[HONG KONG] While much of the world is focused on a volatile international trade war, two of China’s largest Internet companies are inflicting greater damage on each other at...
Indonesia’s foreign reserves hit record high despite rupiah rout
Domestic concerns, such as the fiscal outlook and slowing economic growth amid President Prabowo Subianto’s shuffling of policy priorities, are also weighing on market sentiment[JAKARTA] Indonesia’s foreign exchange reserves...