Hit
-
Gold, silver hit fresh highs as Trump’s Greenland tariffs rattle European markets
GOLD and silver scaled new all-time highs on Monday (Jan 19), as investors continued to pour money into safe-haven assets following the Trump administration’s latest tariff salvo – this time…
-
Memory shortage to hit Nvidia China approvals, US lawmaker says
Demand for the components, long treated as a commodity, has skyrocketed due to the AI data centre boom [WASHINGTON] Tight memory chip supplies will constrain the number of US export…
-
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
[BENGALURU] Gold slipped on Thursday (Jan 15) as investors booked profits after three consecutive sessions of record highs, while an apparent softer tone from US President Donald Trump on the…
-
China’s 2025 rare earth exports hit highest since at least 2014 despite restrictions
[BEIJING] China’s rare earth exports in 2025 hit the highest level since at least 2014, even as Beijing began restricting shipments of several medium to heavy elements from April. The…
-
Will Elon Musk and Mark Zuckerberg be Hit With The Billionaire Tax? – What We Know
Could billionaires’ money be taxed away to be used for the general public? A new tax proposal in California has thrust the net worths of the world’s wealthiest tech leaders…
-
China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels. Copper on the London Metal Exchange burst through US$13,000 a tonne…
-
China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels. Copper on the London Metal Exchange (LME) burst through US$13,000 a…
-
One US Helicopter Got Hit In The Raid To Capture Maduro But Managed To Stay In The Air: Report
The helicopter that led the operation to capture Venezuela’s authoritarian President Nicolas Maduro got hit but managed to remain flyable, avoiding further danger to U.S. troops, according to a new…
-
Jefferies takes US$30 million hit on First Brands as profit drops
[NEW YORK] Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of auto-parts supplier First Brands Group.…
-
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800 million to US$1.2 billion. Oil prices declined 9.2 per cent…
-
China’s PBOC adds gold for 14th month as prices hit record
Bullion held by the People’s Bank of China rose by 30,000 troy ounces last month [BEIJING] China’s central bank extended its gold-buying streak to 14 months, underscoring sustained official demand…
-
Chuck Schumer Attacks Trump’s DOJ, Asks ‘What Are They Hiding?’ As Epstein Files Deadline Hit
The shadows cast by the Jeffrey Epstein scandal are threatening to engulf the American legal system as Senate Majority Leader Chuck Schumer launched a scathing broadside against Donald Trump‘s Department…
-
STI could hit 5,000 points by end-2026 as analysts eye continued momentum
[SINGAPORE] The Straits Times Index (STI) could breach the 5,000-point mark by the end of 2026, driven by policy tailwinds, recovering earnings and a revitalised initial public offering (IPO) market.…
-
Top Japan brokerage CEOs see more gains after shares hit record
Nomura’s Okuda says the bullishness stems from the nation’s corporate performance, demand from overseas investors and others [YOKOHAMA] As Japan’s stocks hit a record high on the first day of…
-
US oil production hit record high in October: EIA
[HOUSTON] US oil production hit a record high in October, according to the Energy Information Administration on Wednesday. Domestic oil output rose by 31,000 barrels per day to 13.87 million bpd. Oil output in New…
