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Gold breaks through US$3,000 as Trump turbocharges record rally
GOLD prices passed US$3,000 an ounce for the first time ever, driven higher by a central bank buying spree, economic fragility worldwide, and President Donald Trump’s attempts to rewrite the…
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Shares In Zara Owner Inditex Sink Despite Record Profit
Zara owner Inditex posted Wednesday another record annual profit but investor worries that sweeping US tariffs could hurt its growth prospects caused shares in the world’s biggest fashion retailer to…
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Zara owner Inditex posts record annual profit as billionaire Ortega takes 3 billion euros in dividends
[MADRID] Zara owner Inditex, the world’s biggest fashion retailer, reported a record annual profit for the third consecutive year on Wednesday (Mar 12) due to dynamic sales and higher prices. …
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Lego posts record profit, CEO shrugs off US tariff threat
[COPENHAGEN] Lego’s CEO told AFP that US President Donald Trump’s tariff threats do not keep him up at night, as the world’s largest toymaker on Tuesday (Mar 11) posted record…
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Mainland Chinese investors buy record amount of Hong Kong stocks
Investors snapped up shares worth HK$29.6 billion (S$5.1 billion) on a net basis, surpassing the previous record seen in early 2021 [HONG KONG] Mainland Chinese investors bought an unprecedented amount…
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China central bank buys gold for 4th month as prices hit record
CHINA’S central bank expanded its gold reserves for a fourth month in February, as the precious metal rallied to a record high. Bullion held by the People’s Bank of China…
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US Trade Gap Hits New Record In January As Tariff Fears Loomed
The US trade deficit surged to a new record in January, government data showed Thursday, as imports spiked while tariff worries flared in the month of President Donald Trump’s inauguration.…
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Global Sea Ice Cover Hits Record Low In February As World Continues Hot Streak
Global sea ice cover reached a historic low in February, Europe’s climate monitor said Thursday, with temperatures spiking up to 11C above average near the North Pole as the world…
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Europe: Stocks close at record high, led by defence shares
DEFENCE stocks powered European shares to a record high on Monday (Mar 3), after expectations mounted of higher military spending in the region, and the prospect of a Ukraine peace…
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Bitcoin ETFs are hit by a record US$1 billion outflow in one day
INVESTORS yanked more than US$1 billion from spot Bitcoin exchange-traded funds (ETFs) on Tuesday (Feb 25), marking the biggest one-day outflow since the cohort’s debut last January. Fidelity Wise Origin…
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India’s February gold imports to hit 20-year low on record high prices: sources
INDIA’S gold imports are set to tumble 85 per cent in February from year ago levels to their lowest in 20 years, with demand sapped by record prices for the…
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Gold steady near record highs amid tariff concerns, inflation data awaited
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while the focus shifted to a key US inflation…
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Conservatives Win German Vote As Far-right Makes Record Gains
Germany’s conservatives won Sunday’s elections, with their leader Friedrich Merz set to become the next chancellor, followed by the far-right AfD in second place after record gains, according to exit…
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Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash
Berkshire Hathaway on Saturday (Feb 22) reported record annual profits and boosting its cash stake to US$334.2 billion, as Warren Buffett used his annual shareholder letter to caution Washington to…
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Warren Buffett sounds warning to Washington as Berkshire reports record profit, cash
Berkshire Hathaway on Saturday (Feb 22) reported record annual profits and boosting its cash stake to US$334.2 billion, as Warren Buffett used his annual shareholder letter to caution Washington to…
