Business
Indian central bank likely intervenes to prop up rupee before local market open, traders say
The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told…
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Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes China is importing…
Business
Gold gains with traders awaiting US data for fresh Fed cues
Traders now see nearly a 33% chance for a rate cut at the Fed’s Dec 9 to 10 meeting Gold prices edged higher on Thursday (Nov 20), as…
Business
China buys at least 14 cargoes of US soybeans for Dec-Jan shipment, traders say
China’s state-owned grain trader COFCO bought at least 14 cargoes of US soybeans on Monday, or at least 840,000 metric tons, for shipment…
Business
US: Wall Street ends mixed; traders look to Nvidia report
WALL Street stocks ended mixed on Friday (Nov 14) as investors looked ahead to Nvidia’s quarterly results next week and worried that the…
Business
Bitcoin traders are still rattled after US$340 billion wipeout
BITCOIN is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto…
Business
US: Dow notches record high close, traders bet on end to government shutdown
THE Dow Jones Industrial Average surged to a record high close on Tuesday, lifted by progress toward ending the longest US government…
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Asia: Stocks rally as traders cheer Trump-Xi meeting plan
ASIAN markets rallied on Friday after the White House confirmed President Donald Trump would meet China’s Xi Jinping next week, stoking…
Business
Gold holds drop as traders focus on US-China trade, credit woes
Gold steadied following a sharp drop for precious metals on Friday (Oct 17), with traders weighing the latest developments in trade…
Business
Asia: Stocks rise as traders weigh China-US row, rate cut hopes
ASIAN equities edged up on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal…
Business
US: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting…
Business
Asia: Stocks mixed as traders assess AI rally, US rates and shutdown
Technology firms have been riding to ever-higher levels this year, dragging equity markets with them as companies pump hundreds of…
Business
Vietnam traders back gold reforms as draft plan is unveiled
The country’s prices have often run ahead of global rates, despite government efforts to reduce the difference Vietnam’s plans to loosen…
Business
Oil dips as traders zero in on prospect of more Opec+ supplies
OIL declined on signals that Opec+ will hike production again in November, tempering last week’s rally. West Texas Intermediate fell 3.4…
Business
Asia: Markets slide as traders prepare for key US data
STOCKS moved narrowly on Thursday as traders continue to pull back from the buying that has propelled markets to record highs in recent…
Business
Gold hits record high as traders bet on US rate cuts, eye Powell’s signal
Gold prices climbed to a record high on Tuesday (Sep 23), supported by growing expectations of further US rate cuts and a slightly weaker…
Business
Asia: Markets mixed as traders take stock after Fed-fuelled rally
ASIAN markets fluctuated between gains and losses Monday as investors took a step back after last week’s rally fuelled by the Federal…
Business
Asia: Stocks swing as traders bide time ahead of US rate decision
ASIAN stock markets were mixed on Wednesday as investors bided their time ahead of an expected US interest rate cut later in the day.…
Business
Asia: Markets rise as traders prepare for expected US rate cut
ASIAN stocks rose again on Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this…
Business
US: Nasdaq notches record high close, traders look to Fed meeting
The Nasdaq notched a record high close on Friday (Sep 12) in a mixed trading session, lifted by Microsoft as investors looked ahead to the…
Business
Mainland Chinese traders sell record amount of Hong Kong stocks
Investors in mainland China sold a record HK$20.4 billion (S$4.1 billion) worth of Hong Kong-listed stocks on Thursday (Aug 28), a sign…
Business
Portal to Bitcoin Powers League of Traders' First Trustless Cross-Chain Pilot
San Francisco, – Portal to Bitcoin ('Portal'), the custody-less interoperability protocol for Bitcoin, today announced a pilot program…
Business
Options traders brace for Big Tech sell-off with ‘disaster’ puts
Options traders are increasingly nervous about a plunge in technology stocks in the coming weeks and are grabbing insurance to protect…
Business
Trafigura hires traders for deeper push into gold and silver
Trafigura Group has hired a team of precious metals traders as it looks to venture deeper into highly profitable gold and silver markets.…