Gold hits two-week peak on increased Fed rate-cut bets

Gold hits two-week peak on increased Fed rate-cut bets

[ad_1] 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 conflicting signals from Federal Reserve officials. Spot gold rose 0.6 per cent to US$4,180.89 per ounce by 0100 GMT, hitting its highest level since Nov 14, and was set…

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Reeves’ budget calms markets and party but leaves Britons unhappy

Reeves’ budget calms markets and party but leaves Britons unhappy

[ad_1] BRITONS reacted overwhelmingly negatively to Chancellor of the Exchequer Rachel Reeves’ budget, the first opinion poll since it took place has found, suggesting little relief for the Labour government’s slumping popularity. Respondents to a YouGov survey conducted after Wednesday’s statement said they saw it as unfair rather than fair by a margin of 48…

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Reeves’ UK budget calms markets and party but leaves Britons unhappy

Reeves’ budget calms markets and party but leaves Britons unhappy

[ad_1] [LONDON] Britons reacted overwhelmingly negatively to Chancellor of the Exchequer Rachel Reeves’ budget, suggesting little relief for the Labour government’s slumping popularity. Respondents to a YouGov survey conducted after Wednesday’s (Nov 26) statement said they saw it as unfair rather than fair by a margin of 48 per cent to 21 per cent. That’s…

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Stocks to watch: OCBC, Frasers Property, Straco, ASL Marine, mm2 Asia

Stocks to watch: OCBC, Frasers Property, Straco, ASL Marine, mm2 Asia

[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Nov 28): OCBC : Its mobile banking services was fully restored after a two-hour outage on Thursday night. More than 1,400 customers reported issues with the OCBC mobile application such as difficulty logging in, though ATM and card…

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Samsung Electronics expands beyond consumers to B2B in South-east Asia

Samsung Electronics expands beyond consumers to B2B in South-east Asia

[ad_1] The company’s offerings are gaining traction in sectors such as education and hospitality [SINGAPORE] South-east Asia’s digitalisation represents an opportunity for Samsung Electronics to expand into the business-to-business (B2B) market, as governments recognise and invest in digital infrastructure and innovation. “This creates a highly favourable environment for businesses of all sizes, from large enterprises…

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Lefties melt down over moderate Dem Julie Menin likely becoming NYC Council speaker, whine she’ll ‘sabotage’ Zohran Mamdani

Lefties melt down over moderate Dem Julie Menin likely becoming NYC Council speaker, whine she’ll ‘sabotage’ Zohran Mamdani

[ad_1] They’re not bendin’ for Menin. A collective of panicked lefty New Yorkers whined online that presumptive next City Council speaker Julie Menin will “sabotage” Mayor-elect Zohran Mamdani — as progressive lawmakers avoided congratulating the moderate Dem. The melodramatic X posts blasted Menin’s perceived lack of liberal ideological purity compared to the other top speaker…

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Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz

Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz

[ad_1] EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate cut next month, while Puma jumped on takeover interest and Allfunds Group climbed on an acquisition offer. The pan-European Stoxx 600 ended 0.14 per cent higher at 575.00 at a near two-week high. Major…

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