Culture
Barclays’ Singapore private bank business unaffected by Asia head’s exit
[SINGAPORE] Barclays’ private bank in Singapore will operate as normal, despite the departure of the business’ Asia chief amid a restructuring.“The business in Singapore continues to be led by...
China leaves benchmark lending rates unchanged in August, matching forecast
Published Wed, Aug 20, 2025 · 02:15 PM[SHANGHAI] China kept benchmark lending rates in August unchanged for the third consecutive month on Wednesday (Aug 20), in line with market...
Pop Mart shares rise to record as CEO announces new mini Labubu
[BEIJING] Shares of Chinese pop toy maker Pop Mart International Group rose to a record on Wednesday (Aug 20), after founder and chief executive officer Wang Ning said that...
China set to tackle petrochemicals overcapacity with overhaul
[BEIJING] The Chinese government is set to launch a sweeping overhaul of its petrochemicals and oil refining sector, phasing out smaller facilities and targeting outdated operations for upgrades, while...
Is the silver squeeze about to get worse?
[SINGAPORE] Silver is flashing red hot signs of a supply squeeze with prices climbing back towards multi-year highs as surging borrowing costs, narrowing future spreads and entrenched structural deficits...
Gold hits near three-week low on stronger US dollar; Fed symposium in focus
Minutes of the US central bank’s July meeting are anticipated to offer further insights into the central bank’s policy stance Published Wed, Aug 20, 2025 · 09:41 AM[BENGALURU] Gold prices...
Ex-Goldman trader Qin Xiao starts Singapore hedge fund, gets US$1 billion allocation from Millennium
[LONDON] Qin Xiao, the former co-head of Goldman Sachs’ global commodities trading team, has won an allocation from Millennium Management for his hedge fund startup.
Singapore-based Nexus Commodities Capital Management...
US hikes steel, aluminium tariffs on imported appliances, railcars, EV parts
[WASHINGTON] The US Commerce Department said on Tuesday (Aug 19) that it is hiking steel and aluminium tariffs on more than 400 products, including wind turbines, mobile cranes, appliances,...
BHP banks on China export resilience and India growth for demand
[LONDON] China’s export resilience and policy support, together with strong growth in India, will underpin future commodity demand despite an uncertain global outlook, according to BHP Group.The world’s biggest...
Europe: Stocks close at five-month highs as investors monitor progress on Ukraine
[BENGALURU] European shares closed at their highest level in more than five months on Tuesday (Aug 19) as investors assessed the chances of an end of the war in...
