Business
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…
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Billionaires’ wealth hits new peak as their clout grows: Oxfam
BILLIONAIRE wealth surged at three times its recent pace last year to reach its highest level on record, deepening economic and political…
Business
Australia social media ban hits 4.7 million teen accounts in first month
Social media companies have collectively deactivated nearly five million accounts belonging to Australian teenagers just a month after a…
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Japan’s Nikkei hits all-time high on Wall Street rally, snap election bets
Japan’s Nikkei share average surged to a record high on Tuesday, as markets played catch-up with Wall Street’s recent two-day rally…
Business
Alphabet hits US$4 trillion valuation as AI refocus lifts sentiment
Alphabet briefly hit US$4 trillion in market valuation on Monday (Jan 12), as the Google parent’s sharpened artificial intelligence (AI)…
Business
Shanghai benchmark hits 10-year high as easing deflation lifts sentiment
Mainland China and Hong Kong stocks advanced on Friday (Jan 9), with the Shanghai benchmark topping the psychologically important 4,100…
Business
European stocks’ early-2026 rally hits speed bump as retail reality check drags
EUROPEAN stocks fell on Thursday, dragged down by a selloff in tech and disappointing updates from several heavyweight retailers, while…
Business
Australian dollar hits 15-month top, inflation data a mixed bag
The Australian dollar hit 15-month highs on Wednesday as a mixed bag of inflation data kept alive the prospect of a near-term hike in…
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Misspelled Minneapolis Daycare Accused of Multimillion-Dollar Fraud Hits Back at Critics as It Suddenly 'Trucks in' Children
A Minneapolis daycare facility linked to Minnesota's ongoing fraud investigation has slammed online criticism after its signage was found…
Business
Silver crosses US$80 mark for first time; platinum hits record high
Bullion has also staged a stellar rally in 2025, climbing 72% so far and shattering multiple record highs Silver climbed above US$80 an…
Business
Copper hits record in China, jumps in New York on supply concern
COPPER surged to a record in Shanghai and rallied in New York, adding to substantial annual gains as investors bet on tighter global…
Business
Gold hits all-time high, propelled by US rate-cut hopes, safe-haven appeal
Spot gold surged to a record high of US$4,383.73 per ounce on Monday, lifted by expectations of further US Federal Reserve rate cuts after…
Business
Gold smashes past US$4,400, silver hits record as rate cut bets fuel rally
Bullion has surged nearly 68% this year, marking its biggest annual rise since 1979 Gold crossed the US$4,400-per-ounce level for the…
Business
Bilateral Trade Between Vietnam and Singapore Hits New Peak of S$36B in 11 Months
Trade between Vietnam and Singapore hit a record high in the first 11 months of the year, reaching S$36 billion (US$27.8 billion) and…
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Rupee hits record low, pressured by persistent outflows and NDF maturities
The Indian rupee slipped to an all-time low for the fourth consecutive session on Tuesday, pressured by dollar bids spurred by the likely…
Business
Ringgit hits three-year high against Singdollar, four-year high versus greenback
The ringgit hit a three-year high against the Singapore dollar and a four-year high against the US dollar this week, as optimism around…
Business
Malaysian ringgit hits highest in four years on growth optimism
It rose 0.3% versus the greenback to 4.0955 on Friday, the highest since May 2021 The Malaysian ringgit reached the strongest level…
Business
Gold rises as a divided Fed cuts rates; silver hits record high
Gold prices rose on Thursday (Dec 11) after the US Federal Reserve cut interest rates, even as policymakers remained split on the outlook…
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IDF hits Hezbollah training sites in southern Lebanon overnight
“The IDF recently attacked, under the leadership of the Northern Command and through the Air Force, infrastructures of the Hezbollah…
Business
Silver hits fresh record as strong ETF inflows sustain rally
The metal’s recent surge has also been supported by rising expectations the US Federal Reserve will lower interest rates at its meeting…
News
Waymo hits a dog in San Francisco, reigniting safety debate
A self-driving Waymo taxi hit a dog in San Francisco, reigniting a heated debate over autonomous vehicle safety just weeks after one…
Business
Silver hits fresh record after trading outage, supply tightness
Its most recent surge has been supported by renewed concerns of tightness in the global market Silver jumped to a record, reinforcing a…
Business
Silver hits fresh record after topping peak from October squeeze
Silver jumped to a record, surpassing a peak set during a historic squeeze in the London market in October. Spot prices surged as much as…
Business
Gold hits two-week peak on increased Fed rate-cut bets
GOLD prices rose to a two-week high in early Asian trade on Friday, as bets increased for a US interest rate cut next month amid…