Bitcoin jumps, hits US$50,000 again on more institutional demand
NEW YORK/LONDON (REUTERS) – Bitcoin, the world’s largest cyrptocurrency in terms of market value, rose on Tuesday (Oct 5), passing the US$50,000 mark for the first time in four weeks […]
US stocks tumble to end the third quarter with a thud
NEW YORK (AFP) – Wall Street stocks endured another round of selling on Thursday (Sept 30), finishing the third quarter on a sour note amid worries over political uncertainty in […]
Singapore non-oil exports surge 15.9% in June from low base, beating expectations
SINGAPORE – Singapore’s non-oil domestic exports (Nodx) accelerated last month and at a pace faster than expected, aided by electronic and non-electronic shipments such as specialised machinery and petrochemicals. Nodx […]
Expect some volatility amid earnings season
SINGAPORE – After a volatile week, all three major Wall Street indices surged to record high closes last Friday. Ironically, their gains were underpinned by signs that the United States […]
US jobs gain signals return to normalcy, but variant fears linger
SINGAPORE – After gyrating between fears over the increasing worldwide Covid-19 outbreaks and euphoria over signs of a sequential economic recovery, the market surged towards the end of last week, […]
Wall Street ends with solid gains after tepid jobs report
NEW YORK (AFP) – US stocks closed out a bumpy, holiday shortened week with solid gains as a tepid jobs report eased concerns the expanding economy would force the Federal […]
Bitcoin approaches US$50,000 as wider adoption fuels record rally
TORONTO (REUTERS) – Bitcoin hit a new record high and approached US$50,000 (S$66,276) on Sunday (Feb 14), building on its record rally as Wall Street and Main Street increasingly adopt […]
STI edges below 3,000 points amid concerns over Covid-19
Singapore’s benchmark Straits Times Index (STI) slipped back to under 3,000 yesterday, closing at 2,990.40 points, 14.47 points or 0.48 per cent lower. This was in spite of the Republic’s […]
S&P 500 ends down after rallying to best November ever
NEW YORK (REUTERS) – The S&P 500 index ended lower on Monday (Nov 30) as investors took profits following a sharp rally in recent weeks that led to the benchmark’s […]