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With U.S. markets closed for a public holiday, spot gold rose 0.2% to $1,820.50 per ounce by 1412 GMT, while U.S. gold futures had inched 0.2% higher to $1,820.50. While considered an inflationary hedge, gold is highly sensitive to rising U.S. interest rates, which increase the opportunity cost of holding non-yielding bullion.
Singapore's new private home sales fell 60% to 650 units in December, Urban Redevelopment Authority figures showed Monday.
Indian politicians are clamouring for Elon Musk's attention on Twitter, chasing the coveted right to host a Tesla factory, after the billionaire said government "challenges" were delaying his electric car company's local launch.
Two SPACs are set to start trading in Singapore this week. The challenge now is to attract others that might still be considering going to the US market.
Giant screen with slim design and cinematic vision and soundPETALING JAYA, MALAYSIA - Media OutReach - 17 January 2022 - The Philips 8500 series of 4K UHD LED Android Displays are now available in Malaysia. This new TV extends the picture beyond the screen and into the room, with Ambilight, and it is also among the many Philips displays that now boast Apple TV+ coverage via the Apple TV app. Fluid motion. True color. Incredible depth Whatever the video source, the Philips P5 Perfect Picture Engi
SINGAPORE - Media OutReach - 17 January 2022 - Arrive at the new era of smart homes with Kaadas' high-tech, exclusive collection of Lamborghini smart facial-recognition door locks. With 3D structured light technology which enables the lock to reach millimetre level accuracy, you can experience smart and revolutionary technology right at your doorstep. Experience the Revolutionary Facial Recognition Technology Kaadas' brand new Lamborghini door locks keep your home protected and secure with state
The firm is viewed as a bellwether for contagion risk
In today’s uncertain job landscape, it might be helpful to find a career path that is in demand by a wide variety of c...
Higher interest rates suggest a healthy economy, but they also have a deflating influence on how future profits are valued.
The Philippines is buying 32 S-70i Black Hawk helicopters from Poland-based Sikorsky Aircraft subsidiary PZL Mielec to beef up its existing fleet of 12, the country's defence chief said on Sunday, as it seeks to boost its disaster response capabilities. Defence Secretary Delfin Lorenzana said a notice of award was issued on Dec. 28 for the purchase of brand new helicopters under a project that comes with logistics support and a training package for pilots and maintenance crew at a cost of 32 billion pesos ($624 million). The contract was now being drafted, with the delivery of the first five units expected in 2023, Lorenzana said on Facebook.
SINGAPORE - Media Outreach - 17 January 2022 - Imagine Marketing Private Limited (parent company of boAt) announced the acquisition of Singapore based KaHa Pte Limited, an end-to-end SMART IoT product development company. The acquisition will enable Imagine Marketing to augment its wearable product offerings in terms of the concept, design, electronic firmware, algorithm development, Android/ iOS applications, new feature integration, social engagement and analytics, and lead the way by creating
The threat of the omicron variant is becoming real for many of Asia’s biggest countries, and that’s complicating investors’ search for winning share bets in the region.
Foreign acquisitions by real estate investment trusts in Singapore jumped to an all-time high of 61 last year, data compiled by Bloomberg show.
NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi said on Monday that a collective global effort is needed to deal with the problems posed by cryptocurrenices. India has been mulling virtual currency-related regulations which were widely expected to be introduced in the winter session of the parliament in December before being shelved. India's central bank has also voiced "serious concerns" around digital currencies saying that they may impact financial stability.
This attractive asset class can open the door to a secure and comfortable retirement for you. The post How REITs Can Help You to Enjoy a Comfortable Retirement appeared first on The Smart Investor.
"Asia will be better braced to cope with omicron waves, which may prove to be more short-lived."
Philippine central bank Governor Benjamin Diokno said the country can meet its inflation forecasts for this year and next unless crude oil prices rise above $95 a barrel and settle around that level.
The Monetary Authority of Singapore (MAS) on Monday issued guidelines that limit cryptocurrency trading service providers from promoting their services to the general public, as part of a bid to shield retail investors from potential risks. Singapore is a popular location for cryptocurrency companies due to a comparatively clear regulatory and operating environment and is among the forerunners globally in developing a formal licensing framework. But the city-state's authorities have repeatedly warned that trading in digital payment tokens (DPT), or cryptocurrency, is highly risky and not suitable for the general public, as they are subject to sharp speculative swings.
Indian state refiner Hindustan Petroleum Corp will lift 45% more oil from Iraq this year to meet its expanded refining capacity, sources familiar with the matter said. The refiner will buy 3.2 million tonnes or about 64,000 barrels per day (bpd) from Iraq this year, up from 44,000 bpd in 2021, they said. Iraqi state-owned marketer SOMO and HPCL did not immediately respond to Reuters' request for comment.
While your interests can help direct you to the industry of your choice, it’s your personality type that could define j...