Increase
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Central banks could increase gold reserves further as shine of US dollar dims: analysts
Sentiment towards gold at most positive levels since 2019, World Gold Council survey indicates CENTRAL banks are expected to continue to add to their gold reserves over the next year,…
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More central banks to increase gold reserves within 12 months
More central banks plan to add to their gold reserves within a year and more of them expect others to do so as well, due to ongoing macroeconomic and political…
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China’s Nio says commitment to Europe EV market ‘unwavering’ despite tariff increase
CHINESE electric vehicle maker Nio strongly opposes the European Union’s use of increased tariffs as a strategy to obstruct the normal global electric vehicle trade but its commitment to Europe’s…
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Opec+ ministers reject bearish reaction to output increase
Opec+ ministers rejected oil’s bearish reaction to its decision to gradually boost crude production from October, and predicted the market will eventually see that the group’s policy is correct. The…
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US: Wall Street opens higher as rate-cut hopes increase
Wall Street’s main indexes rose on Wednesday (Jun 5) as investors ramped up bets for an earlier than expected start to interest rate cuts by the Federal Reserve, in the…
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GOPs In Disagreement Over Defense Spending: To Increase Or Not?
Republican legislators are not seeing eye to eye when it comes to defense spending, considering that there are those who would like to increase the budget, while some take a…
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‘Significant increase’ in vessel arrivals at Singapore ports: MPA
THERE has been a “significant increase” in vessels arriving at Singapore ports since the beginning of 2024, said the Maritime and Port Authority of Singapore (MPA) on Friday (May 31).…
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Valuetronics posts 18.9% increase in H2 profit to HK$77.4 million
Valuetronics : BN2 0% Holdings : BN2 0%, which provides electronics manufacturing services, on Wednesday (May 29) posted an 18.9 per cent increase in net profit for the second half…
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Airbus facing upfront costs to support jet output increase
AIRBUS is incurring up-front costs as it prepares for higher jet production and plans a breathing space to absorb them once it reaches its output goal, its finance chief said…
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Seoul bus drivers end strike after city agrees to wage increase
BUS drivers in the South Korean capital of Seoul ended an hours-long strike on Thursday (Mar 28) after a deal was reached between the city’s bus union and its employers…
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Oil prices nearly flat as market weighs Chinese demand, North America supply increase
OIL prices were little changed on Thursday as markets weighed new economic data from China against increasing supply from the Western Hemisphere. Brent crude futures settled flat at US$82.96 a…
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Mainstream car premiums post largest increase in March’s first round of COE bidding
THE price of Certificates of Entitlement (COEs) used to register mainstream cars had the largest increase among all categories in the first round of COE bidding in March. Prices for…