Companies & Markets

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

No decision has been made on the matter and the discussion was characterised by the people as informal and preliminary.

Ford CEO, Trump officials discussed China-US carmaking JVs

These would be structured so that both the Chinese and US partners would share profits and technology, say sources

 Nvidia CEO Jensen Huang has lost US$8 billion since late January as mounting anxiety over the costs and potential of AI weigh on the company’s shares.

Nvidia’s Jensen Huang falls out of world’s 10 richest ranking

Three members of Walmart’s founding Walton family overtake the tech billionaire

The wealth fund was one of the earliest backers of Jain.

Singapore’s GIC pulls US$250 million from hedge fund Jain Global: sources

It will take as much as two years for it to fully redeem from the fund

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Both benchmarks posted weekly declines after incurring near 3% losses on Thursday.

Oil prices settle slightly higher

Optimism around US inflation data outweighs Opec supply concerns

Equity markets have pulled back from record levels recently as fears of disruption from AI fuelled a sell-off.

US: S&P 500 ends up slightly as tech dips, inflation cools

Megacap tech stocks are weak with Nvidia and Apple providing big drags

OUE is expected to record an impairment loss due to its investment in Gemdale Properties and Investment Corporation.

OUE to book net loss for FY2025 on China exposure, impairment loss

It owns 29.07% of an investee company whose business is adversely impacted by the slowdown of the property market in China

The Dow Jones Industrial Average fell 12.4 points, or 0.03 per cent, at the open to 49,439.58.

US: Wall Street muted as markets assess softer-than-expected inflation data

[NEW YORK] Wall Street’s main indexes were muted on Friday (Feb 14), with communication services weighing as markets assessed softer-than-expected inflation data that kept Federal Reserve rate cut hop...