Commodities
Ship rates spiking 467% marks upended trade across commodities
Freight costs typically dip at year-end due to seasonal weakness in demand
Gold trader hiring spree drives up pay as bullion market booms
In addition to the demand from trading houses, hedge funds, refiners, brokers and banks are also hiring precious metals traders, leading to a huge turnover of jobs at both senior and junior levels
Commodity vessels clog China ports as fee imposed on US ships
The Asian nation has introduced a hefty extra fee on vessels known to have American links, following a similar America move
Gold’s ‘semi-rational’ run gives Wall Street vertigo
If American households start to see that it is an essential hedge against inflation and devaluation of the greenback, then the sky is the limit
SGX securities trading volume surges 50.8% in September on stronger equities demand
Daily average values and commodity derivatives post records in the quarter
BHP sharpens Asia focus; bets on copper, potash over rare earths
Asia’s firm demand underscores the mining giant’s commitment to the region
Singapore aims to lead region’s ammonia path to net zero: EMA chief
It is actively exploring the viability of combusting ammonia directly in gas turbines
Singapore Mint launches its first investment-grade gold bullion
The minted bars are individually sealed, serialised and digitally tagged
Wilmar closes 1.4% down on corruption verdict; RHB downgrades stock to ‘sell’
The company’s earnings will be dented by the forfeiture of a security deposit seized by the authorities in relation to the case
Surging Thai gold exports to Cambodia sparks demand for probe
[THAILAND] An unusual surge in Thai gold exports to neighbouring Cambodia has triggered calls for an investigation. The shipments are seen as one factor fuelling a rally in the baht, which threatens t...
