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Soo Kee’s 4Q earnings rise 23.4% to $2.9 mil on higher revenue
SINGAPORE (Feb 24): Soo Kee Group reported $2.9 million in earnings for the fourth quarter ended Dec 31, a 23.4% improvement compared to the $36.4 million of earnings announced a year ago.
February 24, 2017
Portfolio returns at 4.7% so far; CNMC Goldmine latest addition
SINGAPORE (Feb 24): The unveiling of Budget 2017 on Feb 20 brought little cheer to Singapore investors. The Straits Times Index declined 10.96 points on Feb 20 and another 2.5 points on Feb 21, closing at 3,094.19 points. Still, the STI is up 0.8% over th
February 24, 2017
Commodities
Investors flock to supercharged gold bet that's returned 180%
LONDON (Feb 24): Gold doesn’t offer yield. Junior miners may, and a leveraged exchange-traded fund tracking them has investors flocking to it.
February 24, 2017
Commodities
Gold rooster coins are a hot commodity
SINGAPORE (Feb 16): The Perth Mint, which refines nearly all the bullion output from the world’s second-biggest producer, sees rising sales this year as global concerns trigger demand for haven assets.
February 16, 2017
Commodities
Investors are pouring into gold
NEW YORK (Feb 3): The Federal Reserve has emboldened gold bulls.
February 03, 2017
Commodities
Battered gold looks at risk of further thumping
SINGAPORE (Nov 30): The worst is yet to come. At least that’s the opinion of the top two gold forecasters who say bullion will suffer further losses in 2017 as interest rates climb and the dollar strengthens.
November 30, 2016
Investing strategies
How one asset manager is preparing for Trumpflation
SINGAPORE (Nov 24): With Donald Trump headed to the White House, Schroder’s Marcus Brookes now expects his presidential policies to pile on further price pressure, otherwise known as the ‘Trumpflation’ effect.
November 24, 2016
Gold bounces back; AT&T weighs on United, Fidelity funds
Global markets enjoyed a mostly bullish week through Oct 24 as China’s 3Q economic growth signalled stability, the European Central Bank kept rates on hold and 3Q US corporate earnings beat expectations so far. The Standard & Poor’s 500 Index rose 1.2
November 14, 2016
Global Markets
Global stocks up, nervous markets wager on Clinton presidency
SINGAPORE (Nov 8): Asian stocks rose on Tuesday as world markets braced for the outcome of one of the most contentious US presidential elections in history, with most investors cautiously optimistic of a win by Democrat Hillary Clinton.
November 08, 2016