News
Gold could hit US$5,000 an ounce in 2026 if risk hedging persists: market watchers
Returns are expected to moderate for the precious metal in the new year, say analysts[SINGAPORE] Gold has surged more than 60 per cent since the beginning of 2025 –...
Singapore to pilot ‘overhang’ solar power structure, as it nears deployment target
The Republic is more than halfway to its 2 GWp target, equivalent to the annual electricity needs of about 350,000 households[SINGAPORE] Industrial landlord JTC Corp on Wednesday (Dec 17)...
Chip-sector linchpin Resonac seeks to tap China’s AI ambitions
Japan is home to a network of little-known companies that dominate in key materials that are indispensable for semiconductor manufacturing[HONG KONG] Semiconductor materials linchpin Resonac Holdings is eyeing solid...
Tada commits S$1 million to put brakes on high-commission ride-hailing models
The initiative aims to reverse falling driver earnings and rising ride-hail prices[SINGAPORE] Ride-hailing platform Tada is challenging rivals such as Grab and Gojek with a new S$1 million pilot...
Tada commits S$1 million to put brakes on high-commission models
The initiative aims to reverse falling driver earnings and rising ride-hail prices[SINGAPORE] Ride-hailing platform Tada has set its sights on its rivals like Grab and GoJek with a new...
Bessent sees one or two more Fed chair interviews this week
Trump is slated to interview the central bank governor Chris Waller on Dec 17 for the chair job[WASHINGTON] Treasury Secretary Scott Bessent said there are one or two more...
Silver tops US$65 for first time; gold firms as US unemployment rate climbs
[BENGALURU] Silver vaulted past the US$65 mark for the first time on Wednesday (Dec 17), while gold edged higher as weaker US labour data rekindled expectations of interest-rate cuts,...
China lowers EU pork tariffs in final ruling after 18-month probe
Importers will receive a refund on the difference between the rates paid since September.[BEIJING/MADRID] China on Tuesday (Dec 16) sharply reduced tariffs on European Union pork imports worth over...
OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase
OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business[SINGAPORE] OUE has agreed to acquire a 19.3 per cent stake...
SBI Shinsei Bank to debut after second-biggest Japan IPO of 2025
The lender’s listing has boosted the total volume in the country’s IPO market to a seven-year high[TOKYO] SBI Shinsei Bank will start trading in Tokyo on Wednesday (Dec 17)...
