Climbs
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Gold climbs to record high above US$5,300 as US dollar slips
Interest-free gold thrives in low-rate climates as the Fed likely holds rates steady this January Published Wed, Jan 28, 2026 · 09:50 AM — Updated Wed, Jan 28, 2026 ·…
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Bank of America profit climbs as trading surges in volatile markets
[NEW YORK] Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets. Softening…
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London’s FTSE 100 climbs to record high on energy, defence gains
[LONDON] The UK’s FTSE 100 climbed to a record high on Tuesday (Jan 6), holding steady above the 10,000-point mark, with oil and defence stocks extending gains after US strikes…
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Renminbi climbs past 7 per US dollar onshore for first time since 2023
A stronger currency makes imports cheaper, and aids China authorities’ long-term goal of internationalising the currency [HONG KONG] The renminbi strengthened beyond the key seven per US dollar level in…
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Nike climbs as Apple’s Tim Cook buys US$3 million in stock
[NEW YORK] Nike shares ticked up 2 per cent in premarket trading on Wednesday (Dec 24) after Apple CEO Tim Cook bought nearly US$3 million worth of the sportswear maker’s…
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Australian dollar climbs to highest since Oct 2024 on RBA bets
[CANBERRA] The Australian dollar climbed to its strongest in more than a year after traders ratchet expectations the Reserve Bank will quickly shift to raising interest rates early next year. …
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China’s renminbi climbs to 15-month high, overcoming weak PBOC fixing
On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT [SHANGHAI] China’s renminbi climbed to a 15-month high against a…
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Wall Street climbs as tech rebound gathers momentum
[NEW YORK] US stocks rose on Monday (Dec 22), kicking off the holiday-shortened week on a positive note, as technology stocks continued to rebound from last week’s sell-off, while investors…
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Baht soars to 3-year high against Singdollar as it climbs on gold spike, yuan strength
Thai currency’s rise is fuelled by a soft US dollar, recent Fed easing and sharp acceleration in gold prices [SINGAPORE] The baht’s rally has pushed it to hit records and…
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Gold ticks higher as US unemployment climbs in November
[BENGALURU] Gold climbed on Wednesday (Dec 17) after a US jobs report showed the unemployment rate rose in November, buoying bets of further US interest rate cuts next year while…
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Silver tops US$65 for first time; gold firms as US unemployment rate climbs
[BENGALURU] Silver vaulted past the US$65 mark for the first time on Wednesday (Dec 17), while gold edged higher as weaker US labour data rekindled expectations of interest-rate cuts, pressuring…
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Singapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say [SINGAPORE] Medical inflation is expected to remain one of the most pressing challenges for Singapore’s insurance sector in 2026,…
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Gold edges lower as dollar climbs to near one-week high ahead of Fed verdict
[BENGALURU] Gold inched lower on Wednesday (Dec 10), as the dollar rose after a US jobs report indicated a stronger-than-expected labour market, pressuring prices, ahead of a widely anticipated rate…
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Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
[NEW YORK] Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates next…
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Oil climbs over US$1 a barrel on Opec action, Ukraine attack
Brent and WTI crude futures settled lower on Friday for the fourth straight month, their longest losing streak since 2023, as expectations for higher global supply weighed on prices [HOUSTON]…
