Gold falls on strong US jobs data and improved trade outlook

Gold falls on strong US jobs data and improved trade outlook

[BENGALURU] Gold prices fell on Monday (Jun 9) as a stronger-than-expected US jobs report cooled expectations of interest rate cuts from the Federal Reserve, while optimism over easing trade tensions between US-China weighed on the bullion’s safe-haven demand. Spot gold fell 0.2 per cent to US$3,303.19 an ounce, as at 0056 GMT. US gold futures…

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ECB’s Schnabel says now is right time to boost role of euro

ECB’s Schnabel says now is right time to boost role of euro

[DUBROVNIK] European Central Bank Executive Board member Isabel Schnabel sees a favourable moment now to strengthen the euro’s global role as investors turn to Europe. There is a “window of opportunity” to increase the international role of the euro, she said in a question to a panel at the 31st Dubrovnik Economic Conference on Saturday…

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Your Horoscope This Week: June 8 To 14

Your Horoscope This Week: June 8 To 14

But that’s not all. On June 9th at 5:02 p.m. EST, Jupiter, the planet of expansion, luck, and abundance, officially shifts into Cancer too! This is huge. Jupiter hasn’t been in Cancer since 2013, and now, for the next year, it’s inviting us to expand through feeling. That means the next 13 months will be…

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Group CEO Ng Chin Siau increases stake in Q & M

Group CEO Ng Chin Siau increases stake in Q & M

[SINGAPORE] Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$32 million compared to net outflow of S$2 million for the preceding five sessions. This keeps the net institutional outflow for 2025 to June 5 at S$1.76 billion.   The stocks…

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Keppel DC Reit set to join STI from Jun 23

Keppel DC Reit set to join STI from Jun 23

[SINGAPORE] Following the Straits Times Index’s (STI) June quarterly review, Keppel DC Reit will be entering the index, replacing Jardine Cycle & Carriage, effective from Jun 23. This increases the total number of S-Reits in the index to eight. The eight S-Reits in the STI will be: CapitaLand Ascendas Reit, CapitaLand Integrated Commercial Trust, Frasers…

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It Would Be So Funny If Trump Nationalized ​Elon Musk’s Companies

It Would Be So Funny If Trump Nationalized ​Elon Musk’s Companies

A similar idea was floated online yesterday by Steve Bannon, the odious former film producer and Trump confidant, who suggested using the Defense Production Act to “seize” SpaceX. The wide-ranging Korean War–era policy outlines several steps by which the White House can bypass Congress to intervene in the demand and supply sides of particular industries.…

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New push in Europe to curb children’s social media use

New push in Europe to curb children’s social media use

[LUXEMBOURG] From dangerous diet tips to disinformation, cyberbullying to hate speech, the glut of online content harmful to children grows every day. But several European countries have had enough and agree the EU should do more to prevent minors’ access to social media. The European Union already has some of the world’s most stringent digital…

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