Business
Australian dollar climbs to highest since Oct 2024 on RBA bets
The Australian dollar climbed to its strongest in more than a year after traders ratchet expectations the Reserve Bank will quickly shift…
Tag
Dollar
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Dynamite Kiss Episode 9 to Introduce One Dollar Lawyer Stars Namkoong Min, Kim Ji Eun in Guest Roles
Dynamite Kiss episode 9 will air on SBS on Wednesday (December 10) at 9:00 pm KST. The SBS drama, starring Ahn Eun Jin and Jang Ki Yong,…
Business
Gold edges lower as dollar climbs to near one-week high ahead of Fed verdict
Gold inched lower on Wednesday (Dec 10), as the dollar rose after a US jobs report indicated a stronger-than-expected labour market,…
Business
Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing Gold prices edged higher on Monday (Dec…
Business
Gold steady as rising yields offset dollar weakness; PCE data eyed
Gold prices held steady on Friday (Dec 5), as rising US Treasury yields offset support from a weaker US dollar, while markets awaited US…
News
Singapore Agritrade Founder Arrested for Multi-Million Dollar Fraud After Five Years on the Run, Faces Cheating Charges
Singapore police announced on Tuesday, December 2, that the founder of commodity trading firm Agritrade has been arrested and charged in…
Business
Gold holds steady as rising US rate-cut bets offset dollar strength
Gold prices held steady on Tuesday (Nov 25) after rising nearly 2 per cent in the previous session, as increasing prospects of a US rate…
Business
Gold dips as US dollar firms on reduced rate-cut prospects
The precious metal, a non-yielding asset, tends to do well in low-interest-rate environments Gold prices dipped on Monday (Nov 24),…
Business
Hedging costs ‘becoming too much’ as US dollar weakens, says Temasek chief
However, rotating out of US equities is ‘not easy’, adds executive director and CEO Dilhan Pillay The US dollar’s recent weakness against…
Business
Weak US dollar lowers net returns on investments, says Temasek chief
Hedging costs have risen, but rotating out of US equities ‘not easy”, adds executive director and CEO Dilhan Pillay The US dollar’s recent…
Business
Gold extends falls on firm US dollar, easing Fed rate-cut bets
Traders are currently pricing in a 43% probability of a quarter-point Fed rate cut next month, down from 50% in last week Gold fell for a…
Business
Gold rises, poised for weekly gain on softer dollar
GOLD prices edged higher on Friday and were poised for a weekly rise, supported by a weaker dollar, although gains were kept in check by…
Business
Gold gains for fourth day on softer dollar, Fed rate-cut optimism
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US…
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Ringgit hits a high against the Singapore dollar this year: Where will Malaysia's currency go next?
Unit fuelled by strong investment inflows into Malaysia and encouraging follow-through on fiscal policies The Malaysian ringgit is on a…
Business
Australian dollar climbs on US shutdown hopes, hits 12-year high on kiwi
The Australian dollar climbed on Monday amid hopes that the US government shutdown may end, while still hawkish commentary from a top…
Business
Gold gains on softer dollar, increasing bets of Fed rate cut
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations…
Business
Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su The US dollar has lost…
Business
Oil settles lower on stronger dollar, fears of oversupply
Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the Opec+ decision to…
Business
Gold holds under US$4,000 on dollar resilience, Fed rate-cut outlook
Bullion hit a record high of US$4,381.21 on Oct 20, but have fallen close to 10% since Gold traded below the US$4,000 per ounce mark again…
Business
Gold falls on stronger US dollar as investors trim rate-cut bets
The US central bank cut interest rates on Wednesday by a quarter of a percentage point for the second time this year Gold prices slipped…
Business
Gold ticks up on US dollar retreat, Fed rate cut
Focus now shifts to US President Trump’s meeting with Chinese leader Xi Jinping in South Korea later in the day Gold prices edged higher…
Business
Gold dips on stronger dollar, US-China trade deal hopes
The US Federal Reserve is widely expected to cut interest rates by a quarter percentage point at its meeting on Wednesday Gold prices fell…
Business
Gold eases as dollar firms, focus on US inflation data
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on…
Business
Chinese firms speed up US dollar selling amid optimism towards yuan
The PBOC set the yuan’s daily reference rate at its strongest in about a year this month Chinese banks helped clients offload overseas…