Business
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026 The Middle Eastern oil market has…
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weakens
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
Indonesia weighs new central bank mandate; rupiah weakens
INDONESIAN lawmakers are weighing changes at the central bank that include a broader mandate and a lower bar for removing senior…
Business
Gold scales new high as US dollar weakens ahead of Fed meeting
Lower interest rates reduces the opportunity cost of holding non-yielding bullion Gold prices scaled a record peak on Tuesday (Sep 16),…
Business
Japan's Nikkei ends at record high as yen weakens, economy shows resilience
Japan’s Nikkei closed at an all-time high on Friday (Aug 15), as the yen weakened and data showed the nation’s economy was surprisingly…
Business
Gold inches higher as US dollar weakens on Fed rate cut hopes
Gold prices edged higher on Thursday (Aug 7), helped by a weaker US dollar on growing expectations of a Federal Reserve rate cut next…
Business
Beyond Meat misses quarterly revenue estimates as plant-based demand weakens
ND Meat missed Wall Street estimates for second-quarter revenue on Wednesday, hurt by weak demand for its plant-based meat products in the…
Business
Asia Stocks Slip as Tariff Deadline Looms, Dollar Weakens Again
Asian shares slid midweek as concerns mounted about trade deadlines set by U.S. President Trump. He dismissed the idea of extending the…
Unsorted
Watering Down the SAT Weakens Meritocracy
If we want a society that truly rewards talent and effort, we must preserve and strengthen the tools that make upward mobility possible.…
Business
Bank of England keeps rates steady, sees further loosening as jobs market weakens
The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker…
Business
US dollar weakens against Singdollar as tariff uncertainty roils markets
The US dollar fell to its weakest point against the Singapore dollar since November 2024, as markets continued to be volatile following…
Business
USD weakens against SGD as tariff uncertainty roils markets
The US dollar fell to its weakest point against the Singapore dollar since November 2024, as markets continued to be volatile following…
Business
Bulgari CEO eyes India for growth as China luxury demand weakens
LVMH-owned jeweller Bulgari is looking to India to mitigate the effects of faltering luxury demand in China amid an economic slowdown.…
Business
Dollar climbs, euro weakens to two-year low after PMI data
THE euro slumped to a two-year low while the dollar gained on Friday (Nov 22) after gauges of business activity were released in each…
Business
Ford weakens profit outlook amid price war, shares fall
FORD Motor said on Monday it expects to hit the lower end of its full-year profit guidance, dropping the company’s shares 5 per cent in…
Business
New Zealand steps up pace of rate cuts as economy weakens
NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more…
Business
Dollar weakens after inflation data, yen surges on Ishiba win
THE dollar fell on Friday (Sep 27) after a reading of US inflation signalled price pressures continue to ebb, while the yen strengthened…