Tag: cent
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Oil tops $100, stocks slide as Middle East tensions escalate
Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday, as escalating conflict in the Middle East fuelled worries about energy-driven inflation and sent global stocks tumbling ahead of several major central bank decisions.Brent crude futures rose as much as 3 per cent to a session high of $100.95
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Oil tops $100, European stocks drop on fresh Gulf attacks
Sept 9 : Brent crude prices surged past $100 a barrel on Wednesday, as an intensification of the conflict in the Middle East fuelled concerns about energy-driven inflation and sent European stocks to one-week lows ahead of several major central bank decisions.Brent crude futures rose as much as 2.3 per cent
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Category A COE premiums set new record, rising to over S$133,000
Category A COE premiums closed at S$133,009, up S$4,508 from the last bidding exercise.
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Explainer-What is the yen carry trade?
TOKYO, Sept 9 : With the recent surge in Japan’s currency to a seven-month high, investors are wondering if this is the beginning of the end of the yen carry trade that has been a pillar of global markets.That trade, which involves borrowing yen at a low cost to invest in higher-yielding assets, is being…
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Chime to buy nationally chartered Stride Bank for $590 million, shares jump
Sept 8 : Fintech Chime said on Tuesday it will acquire nationally chartered Stride Bank for $590 million, bringing key banking infrastructure in-house as it looks to expand its lending business.Here are some details:• Chime’s shares, which are up over 28 per cent this year, jumped nearly 10 per cent
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Yen hovers near seven-month high, dollar steadies
NEW YORK, Sept 8 : The Japanese yen hovered near a seven-month high on Tuesday, while the dollar was little changed against major peers as a renewed rise in oil prices and higher U.S. Treasury yields kept investors cautious.The yen has gained nearly 5 per cent since last week, driven partly by several factors
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Longsys ends 1% lower in Hong Kong debut after $900 million share sale
HONG KONG, Sept 8 : Shares of Shenzhen Longsys Electronics ended 1 per cent lower in their Hong Kong debut on Tuesday, after the Chinese data storage products maker raised about HK$7.08 billion ($903 million) in a share sale.The stock closed at HK$233.60, lower than its offer price of HK$236. It opened flat a
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China’s trade booms as focus turns to expected Trump-Xi summit
BEIJING: China’s imports and exports surged in August, helped by a global AI buildout that has fuelled demand for technology products and ahead of an expected meeting between President Xi Jinping and US counterpart Donald Trump.After achieving a historic surplus in 2025, China’s trade has continued to grow th
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China says imports and exports surged in August
BEIJING: China’s imports and exports surged in August, official data showed on Tuesday (Sep 8), helped by a global AI buildout that has fuelled demand for the country’s technology products.Exports spiked 25 per cent year-on-year, the General Administration of Customs (GAC) said, accelerating slightly from Jul
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Japan upgrades Q2 GDP on slight capex improvement
TOKYO, Sept 8 : Japan’s economy grew faster than initially estimated in the April-June quarter from the previous three months, supported by business spending that was less weak than the first reading, revised data showed on Tuesday.The figure released by the Cabinet Office showed the economy expanded an an
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