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Gold Price Surge: XAU/USD Nears $4,900 Record As Trump Davos Speech Rattles Markets
It’s a peculiar paradox of modern markets: when geopolitical tensions flare and political rhetoric grows heated, nervous investors don’t reach for stocks or bonds—they reach for gold. Today, that instinct…
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Gold steadies near record high as Greenland crisis simmers
GOLD was steady near a record high, while silver retreated from an all-time peak, as President Donald Trump’s push to take over Greenland stoked fears of a potential US–Europe trade…
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Indonesia’s rupiah hits record low on central bank independence worries
[SINGAPORE] Indonesia’s rupiah hit a record low against the dollar on Tuesday as investors fretted about the country’s central bank independence after President Prabowo Subianto nominated his nephew to join…
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India fines IndiGo record US$2.45 million over mass flight cancellations
The airline has acknowledged that poor pilot roster planning was the main cause of the disruption [NEW DELHI] India’s aviation regulator on Saturday (Jan 17) fined IndiGo a record US$2.45…
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China’s aluminium output hits record, steel below one billion tonnes
CHINESE aluminium output rose to an all-time high last year, climbing above the country’s capacity limit, while steel fell to a seven-year low, underscoring dramatically different prospects for the two…
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Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency [JAKARTA] Indonesia’s rupiah looks poised to weaken past a record…
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Rupiah may sink past record low as fiscal woes erode BI support
The central bank is expected to keep its policy rate unchanged when it meets on Wednesday to anchor the currency [JAKARTA] Indonesia’s rupiah looks poised to weaken past a record…
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Gold, silver jump to record highs on Trump tariff threats over Greenland
Spot silver advanced 4.4% to US$93.85 per ounce, after hitting a record high of US$94.08 [BENGALURU] Gold and silver prices surged to record highs on Monday (Jan 19), as investors…
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China’s electricity use hits record in 2025, surpasses 10 trillion kWh
[SHANGHAI] China’s electricity consumption climbed 5 per cent to a record high last year, surpassing 10 trillion kilowatt-hours for the first time, the National Energy Administration said on Saturday. The…
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Asian shares near record high on AI optimism, dollar up on receding Fed cut bets
[SINGAPORE] Asian stocks advanced on Friday as the artificial intelligence boom regained momentum, while the dollar held near a six-week high after upbeat US economic data left traders trimming bets…
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European shares extend record run on technology, financial gains
EUROPEAN shares scaled a new record high on Thursday, boosted by technology and financial stocks as investors assessed several positive earnings updates and signs of resilience in the German economy. The…
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Nikkei falls from record as tech shares retreat; Topix rises
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday (Jan 15), as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost…
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Microsoft in record deal for soil carbon credits as data centres surge
It will buy a record 2.85 million soil carbon credits linked to regenerative agriculture [LONDON] Microsoft has agreed with Indigo Carbon to buy a record 2.85 million soil carbon credits…
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Japan’s Nikkei falls back from record as yen rallies, tech shares retreat
[TOKYO] Japan’s Nikkei share average fell back from a record high on Thursday, as the yen’s rebound weighed on exporters and a red-hot rally in technology shares lost steam. The…
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S&P 500, Dow open near record highs after mixed earnings, inflation data
[NEW YORK] The S&P 500 and the Dow opened near record highs on Tuesday (Jan 13) after a largely in-line inflation report sustained expectations of rate cuts this year, while…