Energy & Commodities
Gold prices dip on firmer US dollar
Non-yielding bullion tends to do well in low-interest-rate environments
Gold reclaims US$5,000 as cooling inflation lifts Fed easing bets
The metal has surged to a record above US$5,595 in late January
Hin Leong liquidator succeeds in High Court bid to wind up Yuantai Fuel Trading
During the Friday morning hearing, the bunker firm did not raise any objections to the order
Singaporeans flock to gold despite record-high prices ahead of Chinese New Year
Analysts attribute recent spikes in retail demand to wealth-preservation seeking rather than festive buying
Cnooc to lift offshore wind power capacity by 40% this year
Beijing has pledged to double combined wind and solar capacity by 2035
US details new China limits for clean energy tax credits
The restrictions follow an executive order in July signalling stricter limits for the tax credits
Gold and silver rise from near one-week lows on bargain-hunting
Investors now await inflation data due later in the day for more cues on the Fed’s monetary policy path
Malaysia’s solar leader to ramp up output as battery prices drop
Solarvest currently has around 1.2 GW of capacity in the South-east Asian country
Oil prices fall on supply forecast, easing risk
[HOUSTON] Oil prices dropped on Thursday due to falling demand, retreating fears of renewed Middle East conflict and expected increases in supply.
