Posts by Liam Redmond
US to host meeting on rare earths as China-Japan spat simmers
[ad_1] The discussions are expected to also include officials from Australia, South Korea, India, Mexico and the European Union THE US will host a gathering of Group of Seven (G7) ministers to discuss rare earths this week, underscoring the shared push to develop alternative supplies in an industry dominated by China. Canadian Finance Minister Francois-Philippe…
Read MoreAustralia to prioritise antimony, gallium, rare earths in A$1.2 billion reserve
[ad_1] [MELBOURNE] Australia will prioritise antimony, gallium and rare earth elements as part of its A$1.2 billion (S$1 billion) strategic reserve, it said on Monday (Jan 12), as its Treasurer Jim Chalmers prepares to join a G7 meeting to discuss critical minerals. Australia and several other countries are joining a meeting of finance ministers from…
Read MoreTrump says he’s inclined to exclude ExxonMobil from Venezuela
[ad_1] Chevron is the only Western oil major to have continued operating in the country while Maduro was in charge [NEW YORK] US President Donald Trump signalled he’s leaning towards excluding ExxonMobil from his push for US oil majors to rebuild Venezuela’s petroleum industry, saying he was displeased with the company’s response to his initiative.…
Read MoreGold, silver notch record highs on safe-haven demand, Fed rate-cut bets
[ad_1] [BENGALURU] Gold broke through US$4,600/ounce for the first time on Monday (Jan 12), while silver also jumped to an all-time high, bolstered by geopolitical and economic uncertainties and growing bets of US interest rate cuts. Spot gold was up 1.5 per cent at US$4,478.79 per ounce, as at 9.27 am. Bullion hit a record…
Read MoreInvest in 3 safe-haven assets as geopolitical tensions rise, the Singdollar is one: UOB
[ad_1] The bank identifies gold, the Japanese yen, and the Singapore unit as good defensive bets [SINGAPORE] Rising geopolitical risks are amplifying the need to hedge against risks, a UOB report said on Friday (Jan 9). The bank noted that the odds of global geopolitical risk events have “gotten even more real”, with 2026 shaping…
Read MoreFed served with DOJ subpoenas, Powell vows to stand firm
[ad_1] Trump has also sought to fire the central bank governor Lisa Cook, another extraordinary step [WASHINGTON] US Federal Reserve chair Jerome Powell said that the US central bank had been served grand jury subpoenas from the Justice Department (DOJ) threatening a criminal indictment, a dramatic escalation of the Trump administration’s attacks on the Fed.…
Read MoreStocks to watch: SGX, Nam Lee
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jan 12): [ad_2] Source link
Read MoreNam Lee’s Joanna Yong ceases to be chairman
[ad_1] The requisitioning shareholders’ rationale for the removal has yet to be announced [SINGAPORE] Shareholders of Nam Lee Pressed Metal Industries voted on Friday (Jan 9) to remove Joanna Yong as a director of the company, following a requisition by two substantial shareholders. At an extraordinary general meeting (EGM) held that morning, 67.6 per cent…
Read MoreAustralian rare earths miner VHM scraps offtake deal with China’s Shenghe Resources
[ad_1] The Melbourne-headquartered firm has secured up to US$200 million in funding from the US Exim AUSTRALIAN rare earths miner VHM said on Monday (Jan 12) that it had terminated its offtake agreement with China’s Shenghe Resources for its Goschen rare earths project after conditions precedent to the deal were not met. Shares of VHM…
Read More‘One of the best years ever’: DBS’ equities head sees buoyant 2026 for Singapore IPOs
[ad_1] Art Karoonyavanich says the bank is involved with ‘quite a number’ of companies that could go public this year [SINGAPORE] Initial public offering (IPO) volumes on the Singapore bourse in 2026 could be “substantially much more” than the level set in 2017 – the strongest year for listings in the last decade – said…
Read MoreSilver rallies amid substitution risks
[ad_1] SILVER has entered 2026 on a volatile yet structurally significant footing, after one of its strongest rallies in decades. In the last quarter of 2025, prices surged sharply, driven by a combination of supply tightness in physical markets, strong industrial demand and heightened geopolitical risks. While the technical rebound in the last couple of…
Read MoreSGX-Nasdaq bridge may be a model for more dual-listing arrangements with other jurisdictions
[ad_1] With the STI delivering strong returns, companies that choose to list in Singapore have to be prepared to compete for the attention of local investors [SINGAPORE] The dual-listing bridge that the Singapore Exchange (SGX) and Nasdaq announced last November is still months away from going live, but the legislative and regulatory foundation for further…
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