Gold rushes to record high above US$5,000/oz

Gold rushes to record high above US,000/oz

[ad_1] Published Mon, Jan 26, 2026 · 08:03 AM [BENGALURU] Gold surged to a record high above US$5,000 an ounce on Monday (Jan 26), extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical tensions. Spot gold rose 0.94 per cent to US$5,029.62 per ounce by 7.21 am, while US gold…

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Emerging Asia lures capital as geopolitics rattle risk appetite

Emerging Asia lures capital as geopolitics rattle risk appetite

[ad_1] Inflows into North and South-east Asian equities have reached US$3.3 billion so far in January Published Mon, Jan 26, 2026 · 07:45 AM [SINGAPORE] Emerging Asia (EM) is drawing fresh demand as a relative refuge from geopolitical uncertainty elsewhere, even as some immediate risks ease. US President Donald Trump’s decision to pause tariff threats…

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‘Treating obesity for the next 100 years’: Ozempic-maker Novo Nordisk targets tripling of Apac patient base

‘Treating obesity for the next 100 years’: Ozempic-maker Novo Nordisk targets tripling of Apac patient base

[ad_1] By sales volumes for its GLP-1 drugs, the company’s largest markets in the region are Australia, Japan, South Korea and India [SINGAPORE] With hundreds of millions living with obesity and diabetes across the Asia-Pacific region, Danish drugmaker Novo Nordisk believes there is significant scope for growth in demand for its treatments – and in…

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Will UOB climb higher after its big rebound?

Will UOB climb higher after its big rebound?

[ad_1] Softer rates are squeezing NIMs at the 3 Singapore banks, but also spurring excitement about the potential for valuations to rise and converge [SINGAPORE] Back in November last year, right after the three Singapore banks reported their Q3 2025 financial results, this column opined that UOB would probably lag behind its peers for some…

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Morgan Stanley prepares to enter Japan spot power trading market

Morgan Stanley prepares to enter Japan spot power trading market

[ad_1] The country’s power market has attracted both domestic and overseas firms over the last few years Published Mon, Jan 26, 2026 · 06:46 AM [TOKYO] Morgan Stanley is preparing to start trading physical power in Japan, the latest overseas financial institution looking to profit off the volatile market. The bank has designated a person…

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LA’s top fed prosecutor Bill Essayli throws full support behind ICE in Alex Pretti shooting in Minneapolis: ‘Legally justified’

LA’s top fed prosecutor Bill Essayli throws full support behind ICE in Alex Pretti shooting in Minneapolis: ‘Legally justified’

[ad_1] Los Angeles’ top federal prosecutor Bill Essayli double down on his full-throated support for immigration agents following the fatal shooting in Minneapolis of anti-ICE protester Alex Pretti. “If you approach law enforcement with a gun, there is a high likelihood they will be legally justified in shooting you. Don’t do it!” Essayli warned in…

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