Energy & Commodities
BP reports profits in line with expectations, suspends buybacks
It wrote down around US$4 billion in its renewables and biogas businesses
Indonesia distributes 10.9 trillion rupiah in subsidies for palm oil replanting programme
The scheme is aimed at improving yields from small farmers
UOB’s gold bars, coins are selling fast. How else can small investors buy gold?
The bank’s gold sales jumped 60% in 2025, while majority of gold bars, all gold coins sold out now
China could lift coal output this year due to Indonesian curbs
The South-east Asian nation is the world’s biggest exporter of power station coal
Gold, silver retreat as dollar ticks up
Investors expect at least two 25-basis-point rate cuts in 2026
Oil settles up more than 1% after US urges caution for vessels near Iran
[NEW YORK] Oil prices settled more than 1 per cent higher on Monday after the US Department of Transportation issued an advisory to US-flagged vessels to stay as far as possible from Iranian territory...
Indonesia identifies eight blocks with large rare earth reserve potential
They were identified in places such as Kalimantan, Sulawesi and Bangka Belitung islands
Gold rush at UOB: bank extends hours and starts appointment-only service
The lender is also extending hours at its main branch gold counters for physical gold purchases or Gold Savings Account physical conversions
Australia places tariff on Chinese steel frames, citing dumping
The move risks escalating trade tensions with China
Oil drops as US, Iran pledge to continue talks
[SINGAPORE] Oil prices fell on Monday after the US and Iran pledged to continue talks over the Middle Eastern producer’s nuclear programme, easing concerns about a possible conflict that could disrupt...