Gold slips as strikes raise concerns on Iran talks, inflation

Gold slips as strikes raise concerns on Iran talks, inflation

Published Tue, May 26, 2026 · 09:05 AM — Updated Tue, May 26, 2026 · 11:02 AM [SINGAPORE] Gold declined as US strikes in the Strait of Hormuz tempered optimism over the progress of talks to unlock the critical waterway, keeping inflation risks elevated. Bullion fell as much as 0.7 per cent to around US$4,540…

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China traders rush for exit after cross-border flow crackdown

China traders rush for exit after cross-border flow crackdown

Published Tue, May 26, 2026 · 08:40 AM CHINESE investors are rushing to find alternative ways to buy and sell overseas equities after Beijing launched its most forceful crackdown on illicit cross-border stock trading to stem capital outflows. Richard Wang, who works in artificial intelligence in the US and has around US$120,000 in stock holdings…

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A scorching Asian summer will add to risk of surging gas prices

A scorching Asian summer will add to risk of surging gas prices

Published Tue, May 26, 2026 · 08:05 AM [SINGAPORE/HONG KONG/LONDON] As the global gas market grapples with the Strait of Hormuz being all-but closed for nearly three months, traders are fixated on two wildcards: China and the weather. Summer forecasts are pointing to higher-than-normal temperatures across Asia, while an El Nino weather pattern could make…

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Engie Factory Asia-Pacific acquired by New Zealand venture capital firm Pacific Channel

Engie Factory Asia-Pacific acquired by New Zealand venture capital firm Pacific Channel

The VC company has been investing in climate tech ventures via Engie Factory since mid-2020 [SINGAPORE] Engie Factory Asia-Pacific (EFAP), along with its portfolio of securities it holds in seven early stage climate-tech ventures, has been acquired by New Zealand-headquartered venture capital (VC) firm Pacific Channel. The deal value and commercial terms of the contract…

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Aramco to transfer PRefChem stakes to Malaysia’s Petronas

Aramco to transfer PRefChem stakes to Malaysia’s Petronas

The deal underscores how the Iran war is reshaping energy partnerships across Asia Published Tue, May 26, 2026 · 06:59 AM [DUBAI] Saudi state oil giant Aramco will transfer its equity stakes in the PRefChem refining and petrochemical joint ventures in Malaysia to partner Petronas, the two companies said on Monday (May 25), ending an…

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AMAs 2026 red carpet live updates: See all the celebrity looks

AMAs 2026 red carpet live updates: See all the celebrity looks

Page Six may be compensated and/or receive an affiliate commission if you click or buy through our links. Featured pricing is subject to change. Follow Page Six Style’s live updates from the American Music Awards 2026 red carpet as celebrities show off their best outfits at the MGM Grand Garden Arena in Las Vegas. Hosted…

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