Gold dips as Trump eases trade tensions with tariff exemptions

Gold dips as Trump eases trade tensions with tariff exemptions

[ad_1] [BENGALURU] Gold prices dropped on Monday (Apr 14) as US President Donald Trump eased trade tensions by granting tariff exemptions on smartphones, computers and other electronics primarily imported from China. Spot gold was down 0.4 per cent at US$3,223.67 an ounce, as at 0036 GMT. Bullion hit a record high of US$3,245.28 in the…

Read More

Olam to divest remaining Olam Group assets to fund business reorganisation

Olam to divest remaining Olam Group assets to fund business reorganisation

[ad_1] [SINGAPORE] Olam Group will invest US$500 million equity into Olam Food Ingredients (ofi) within the next three months, while de-leveraging the remaining Olam group for progressive liquidation, as part of its reorganisation plan amid the disposal of Olam Agri. The US$500 million investment, funded by internal resources, is aimed to “position ofi to pursue profitable…

Read More

Global funds hit pause on Indonesia after Prabowo policy changes

Global funds hit pause on Indonesia after Prabowo policy changes

[ad_1] [MELBOURNE / LONDON] Indonesian President Prabowo Subianto’s attempt to engineer an economic renaissance is running up against a hard truth: Investors are not buying the vision he’s selling. Some of the world’s biggest money managers are reticent to rush back into the country’s assets after sweeping changes under Prabowo’s administration sent stocks tumbling by…

Read More

E. Jay Krause Dies: Emmy-Winning Art Director Was 98

E. Jay Krause Dies: Emmy-Winning Art Director Was 98

[ad_1] E. Jay Krause, the Emmy-winning art director and set designer whose work has colored the golden age of variety television, died in Los Angeles, Calif. yesterday at the age of 98, Deadline has learned. Over the course of his three decade-spanning career from the 1950s through 1980s, Krause has designed sets for over 180…

Read More

Asia, Europe, gold, private markets: Where investors can seek refuge as US exceptionalism is cast into doubt

Asia, Europe, gold, private markets: Where investors can seek refuge as US exceptionalism is cast into doubt

[ad_1] [SINGAPORE] The turmoil and volatility in global financial markets, where trillions of dollars were wiped off US equities since “Liberation Day”, are leading investors to lean towards the idea that American exceptionalism may be nearing its end. Earlier, the shock that Chinese startup DeepSeek delivered in January led the likes of JPMorgan Chase to…

Read More

‘The Breakfast Club’ Stars Reunite For The First Time Since Film’s Release: “Moved To Have Us All Together”

‘The Breakfast Club’ Stars Reunite For The First Time Since Film’s Release: “Moved To Have Us All Together”

[ad_1] Don’t you forget about them. For the first time in four decades and just a little past the 1985 classic film’s 40th anniversary, all five stars of John Hughes’ The Breakfast Club reunited. Emilio Estevez, Anthony Michael Hall, Judd Nelson, Molly Ringwald and Ally Sheedy all took the stage during a panel conversation celebrating…

Read More

Non-China sea cargo shippers to U-turn on aborted bookings amid US tariff pause: analysts

Non-China sea cargo shippers to U-turn on aborted bookings amid US tariff pause: analysts

[ad_1] [SINGAPORE] The dramatic turnaround in US President Donald Trump’s stance on his reciprocal tariffs – he paused steep individualised tariffs on dozens of trading partners for 90 days – is likely to trigger a reversal of another sort in the ocean shipping industry. Although the suspension is welcome, the dynamic situation could remain challenging…

Read More