Climate change activists want to make California insurance crisis even worse

Climate change activists want to make California insurance crisis even worse

California homeowners are struggling to find insurance against wildfires and other natural disasters, as the state chases insurance companies away, and as the California Insurance Commissioner fails to hold insurance companies accountable. So what does the California Department of Insurance want to do? Insure “urban forests” against climate change! The department is working on a…

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Gold holds near three-month high as debasement trade returns

Gold hits over 3-month high ahead of US inflation data and Fed chair speech

This follows the US Treasury’s bond market intervention, which revived concerns about a weaker greenback Published Mon, Aug 24, 2026 · 08:39 AM [SINGAPORE] Gold traded near a three-month high after the US Treasury’s bold intervention in the bond market revived concerns about a weaker US dollar and pushed investors toward alternatives. Bullion climbed as…

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Stocks to watch: Mapletree Industrial Trust, OUE, OUE Healthcare

Stocks to watch: Mapletree Industrial Trust, OUE, OUE Healthcare

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Aug 24): Mapletree Industrial Trust : The chief executive of the manager, Lily Ler, is stepping down from her position to become group chief financial officer of Mapletree Investments, the trust’s sponsor. She will officially vacate her positions as…

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Oil falls as US prepares to unveil new Iran sanctions

Oil falls as US prepares to unveil new Iran sanctions

Published Mon, Aug 24, 2026 · 07:41 AM — Updated Mon, Aug 24, 2026 · 03:18 PM [SINGAPORE] Oil prices slipped more than US$1 a barrel on Monday as investors took profits ahead of an expected announcement from Washington about imposing more sanctions on Iran that may further disrupt supplies from the Middle East. Brent crude…

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Shein seeks up to US$1.8 billion in long-awaited Hong Kong IPO

Shein seeks up to US.8 billion in long-awaited Hong Kong IPO

Its valuation has sunk after being buffeted by tariffs, competition from PDD Holdings’ Temu and regulatory pressure Published Mon, Aug 24, 2026 · 06:48 AM [HONG KONG] Shein is seeking to raise as much as US$1.8 billion in its Hong Kong initial public offering, as it enters the final stretch of an arduous journey to…

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