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Gold could hit US$5,000 an ounce in 2026 if risk hedging persists: market watchers
Returns are expected to moderate for the precious metal in the new year, say analysts [SINGAPORE] Gold has surged more than 60 per cent since the beginning of 2025 –…
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Gold could hit US$5,000 an ounce in 2026 if risk hedging persists: market watchers
Returns are expected to moderate for the precious metal in the new year, say analysts [SINGAPORE] Gold has surged more than 60 per cent since the beginning of 2025 –…
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DBS, OCBC hit new records but UOB lags
The new records follow DBS’ appointment by the Chinese central bank to be the first local bank to serve as a yuan clearing lender [SINGAPORE] Shares of two local banks,…
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ASX hit with A$150 million capital charge, regulatory reforms
The exchange operator will also revamp its internal transformation programme with new targets and commit to stronger leadership [SYDNEY] Australia’s corporate regulator will impose a A$150 million (S$129 million) capital…
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Singtel hit with S$1 million fine for 2024 voice disruption
The incident on Oct 8 last year affected more than 500,000 users for more than four hours [SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine…
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Singtel hit with S$1 million fine for 2024 disruption that affected over 500,000 users
The incident on Oct 8 last year affected more than 500,000 users for more than four hours [SINGAPORE] The Infocomm and Media Development Authority (IMDA) imposed a S$1 million fine…
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You Might Get Hit by a $500+ AI Identity Theft Trap That’s Wrecking Americans’ Credit Scores
The number of identity theft victims in America has skyrocketed from 43% to 78% within a single year—and the consequences are devastating. Credit scores are plunging, and over half of…
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X hit with 120 million euros EU fine for breaching content rules, TikTok settles
Europe’s Big Tech crackdown to boost competition and consumer choice has drawn criticism from Trump’s administration [BRUSSELS] Elon Musk’s social media company X was fined 120 million euros (S$181 million)…
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US Manufacturing Suffers Ninth Month Of Contraction As Falling Orders, Rising Costs Hit Factories
AFP U.S. manufacturing continued to contract in November marking the ninth month in a row that factory activity has slipped. The latest nationwide survey of purchasing managers showed the manufacturing…
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OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago [SINGAPORE] Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management…
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OCBC shares continue record-breaking streak to hit S$18.95 as wealth unit shines
[SINGAPORE] OCBC shares surged further to another new high on Wednesday (Dec 3) after a record-breaking performance on Tuesday. OCBC is supported by “outperformance in the wealth franchise, and the…
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Singapore Bank OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago [SINGAPORE] Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management…
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Crypto’s retail traders hit hard as Strategy ETFs plunge 80%
[NEW YORK] Retail investors who piled into Michael Saylor’s grand Bitcoin experiment are paying a heavy price. Strategy, the company once hailed for wrapping crypto exposure into a public stock,…
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Schumer Rocked as New York Offices Hit by MAGA Bomb Threats: Senator Blames Toxic Politics
The turbulent atmosphere of American politics escalated dangerously on Monday, manifesting in coordinated scare tactics against one of the nation’s top legislative leaders. Senate Minority Leader Chuck Schumer saw his…
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Japanese firms scale back investment as tariff headwinds hit
Monday’s figures will be factored into revisions made to third-quarter GDP data due Dec 8 [TOKYO] Japanese businesses trimmed back their capital spending over the summer after five straight quarters…
