Business
Chinese yuan’s longest weekly rally in more than a decade is set to extend into Chinese New Year
The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost demand for…
Tag
weekly
Business
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar on the back of…
Business
Oil posts second weekly decline as glut concerns dominate
OIL declined for a second week as concerns over a growing glut outweighed geopolitical risks to supply. West Texas Intermediate gained 0.9…
Business
Oil posts weekly loss on oversupply concerns
Oil prices closed lower on Friday (Dec 12), marking a 4 per cent weekly decline as a supply glut and a potential Russia-Ukraine peace deal…
Business
Europe: Shares clock weekly gains on ongoing Fed cut optimism
European shares were little changed on Friday (Dec 5) and ended the week with modest gains, while investors evaluated a long-delayed US…
Business
European shares log a weekly decline, defence stocks slide
European shares slid on Friday (Nov 21) and registered a weekly decline as concerns over stretched tech valuations came to the fore again,…
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
US: Wall Street set for weekly declines as concerns over economy, tech valuations weigh
Wall Street’s main indexes opened lower on Friday (Nov 7), and were set for sharp weekly declines, as concerns about the economy and…
Business
Gold firms ahead of US inflation data, but heads for weekly fall
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week. Gold prices rose on Friday…
Business
Europe: Trump's fresh tariff threats knock Europe stocks to weekly loss in last-minute slide
European shares tanked on Friday (Oct 10), erasing weekly gains in a last-minute slide as renewed trade war fears sparked by fresh threats…
Business
Gold poised for eighth weekly rise on firm safe-haven demand
The non-yielding asset, traditionally considered a hedge during geopolitical and economic uncertainty, has gained about 52% this year Gold…
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Oil posts 8% weekly loss on potential Opec+ supply additions
Oil prices settled higher on Friday but posted a weekly loss of 8.1 per cent after news of potential increases to Opec+ supply. Brent…
Business
Gold poised for seventh weekly rise on Fed rate-cut hopes
Gold held steady on Friday (Oct 3) and was set for a seventh straight weekly gain, buoyed by expectations of further US interest rate cuts…
Business
Europe: Shares recover from three-week lows, but weekly momentum fizzles
Traders now expect about 39 basis points of cuts by December, a slight pullback from earlier bets of over 40 bps, according to LSEG data…
Business
US: Wall St opens muted after record highs, on track for weekly gains
Wall Street indexes opened subdued on Friday (Sep 12) after notching record highs in the previous session, though they remained on track…
Business
Gold set for fourth weekly rise as US data lifts rate-cut hopes
Gold prices rose on Friday (Sep 12) and were headed for a fourth consecutive weekly gain, as fears of a weakening US labour market…
Business
Europe: Shares post first weekly loss in four as banks weigh
European shares closed lower on Friday (29 Aug), hitting their lowest in over two weeks, weighed down by British banks, while investors…
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European shares log second weekly gain, focus on Trump-Putin talks
European shares came off multi-month highs on Friday (Aug 15), as declines in heavyweight tech and financial shares offset gains from some…
Business
Gold poised for weekly fall as bets fade for big Fed rate cut
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a…
Business
Europe: Shares post biggest weekly gain in 12 powered by financials
European shares posted their biggest weekly gain in 12 weeks on Friday (Aug 8), as banking stocks continued to drive the benchmark index…
Business
US dollar slips against euro but maintains weekly gains
The US dollar slipped against the euro on Friday (Jul 18) but held on to weekly gains, as investors weighed expected Federal Reserve…
Business
Gold heads for weekly dip as strong dollar, US data weighs
Gold was flat in early Asian trade on Friday (Jul 18), heading for a weekly fall, weighed down by an overall stronger US dollar and solid…
Business
S’pore semiconductor stocks soar, notch weekly surge on boost from domestic, global tailwinds
Semiconductor listcos were trading higher on Friday (Jun 27) morning, notching double-digit gains over the week as a slew of domestic and…
Business
Singapore semiconductor stocks soar, notch weekly surge on boost from domestic, global tailwinds
Semiconductor listcos were trading higher on Friday (Jun 27) morning, notching double-digit gains over the week as a slew of domestic and…