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
bets
Business
Gold sets 50th daily record this year on rate-cut bets and geopolitical risk
Gold has risen 70% this year, driven by strong central-bank buying and inflows into bullion-backed ETFs Gold rose to an all-time high on…
Business
HTC bets its open AI strategy to drive smart glasses sales
The glasses support multiple platforms, letting users benefit from improvements by various models Taiwan’s HTC is betting its open…
Business
Gold, silver hit record highs on Fed rate-cut bets
Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve…
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
Citadel posts worst return since 2018 as natural gas bets falter
This is partly due to erratic swings triggered by geopolitical turmoil, making trades hard to stick to Ken Griffin’s Citadel is on track…
Business
Kalshi users are in an uproar over their Time ‘Person of the Year’ bets
Time magazine has named the “Architects of AI” as its 2025 Person of the Year, a decision that has sparked significant backlash from…
Business
CEO TALKS: Galeries Lafayette’s Nicolas Houzé Talks Big Investment Bets as ‘Boring Retail Is Dead’
PARIS — Retail runs in Nicolas Houzé’s blood. A fifth-generation member of the French family behind Galeries Lafayette, Houzé joined the…
Business
Wall Street bets Chinese stocks will extend US$2.4 trillion rally
Investor perception towards China has shifted from one of scepticism to a recognition China has won back global funds in a banner year for…
Business
Gold holds steady after weak US jobs data reinforce rate-cut bets
Gold prices held steady above the US$4,200 mark on Thursday (Dec 4), buoyed by weak private payrolls data that reinforced expectations of…
Business
Asian markets rise as US rate cut bets temper Japan bond unease
Stocks rose on Tuesday (Dec 2) following the previous day’s stutter as more weak US data helped solidify US interest rate cut optimism and…
Business
SoftBank’s Son ‘cried’ about Nvidia stake sale to fund AI bets
The company needs to raise capital to fund projects including data centre construction SoftBank Group founder Masayoshi Son said he…
Business
OCBC's Lion Global Investors bets on mid-caps and gold investments
CEO Teo Joo Wah notes that the mid-cap segment is more labour-intensive in terms of research effort but is optimistic that it will pay off…
Culture
Vincent Lindon Bets on Socially Conscious Films That ‘Prevent Him From Behaving Badly’: ‘I’m Weak. They Force Me to Be Stronger’
French actor Vincent Lindon often plays well-meaning characters. But he can’t take credit for their selfless choices, he stressed. “When I…
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…
Business
Asian stocks track latest Wall Street rally as rate bets rise
ASIAN markets rose again on Thursday to extend the week’s global rally as traders ramp up bets on a third successive US interest rate cut…
Business
Gold steadies at near two-week high as investors weigh Fed rate-cut bets
US rate futures are pricing in an 85% chance of a rate cut in December, according to the CME’s FedWatch tool Gold prices remained steady…
Business
US: Wall Street extends rally on growing bets for December Fed rate cut
Wall Street gained ground on Wednesday as revived tech strength and the growing probability of a December interest rate cut from the US…
Business
Wall Street opens higher as December Fed rate-cut bets grow
Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic data and…
Business
US: Wall Street opens higher as December Fed rate-cut bets grow
Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic data and…
Business
Chinese bonds see no haven demand from stock losses on PBOC bets
The central bank’s reluctance to ease its policy further remains the core issue weighing on the debt market China’s stock and bond markets…
Business
US: Wall Street ends higher as Federal Reserve rate cut bets gather momentum
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the US Federal Reserve to implement…
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…
News
Oil prices settle up 1% on bets Fed will cut US rates and doubts about Ukraine peace
Global brokerages remain split on whether the Fed will cut interest rates at its December meeting after last week’s mixed signals on job…