With 2024 being an exceptional year for gold, Daniel Ghali, director of commodities strategy at TD Securities, explains whether 2025 will see similar results as (Bloomberg) — As Canada’s currency weakens, fund managers are leaning into sectors that pay expenses in the local currency while collecting revenue in US dollars. That has made buying stocks
John Tumazos, analyst of Very Independent research, discusses about Barrick has ceased its activities in Mali. (Bloomberg) — Barrick Gold Corp. and Mali are set to resume talks on resolving a monthslong dispute over the distribution of revenue from one of the world’s biggest gold mines. Negotiations between representatives of the government and the world’s
To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video An explosion ripped through a museum in the Netherlands before thieves stole multiple Romanian prehistoric artefacts, including a 2,500-year-old gold helmet. Footage shows three masked men breaking in the Drents Museum in the northeast city of Assen,
(Bloomberg) — The Philippines on Thursday sold a two-part dollar bond and a euro tranche, capitalizing on a recent drop in borrowing costs abroad. The Southeast Asian nation, which has investment-grade credit ratings, raised $2.25 billion (2.4 billion euros) in dollar-denominated bonds due in 10 and 25 years, along with a €1 billion ($1.04 billion)
An example of a scam website offering ‘the taste of Dubai’ (Picture: Kaspersky) Chocolate fans hoping to get a taste of the latest trend are being urged to be aware of where they’re buying from. The Fix Dessert Chocolatier bar is going viral on social media right now, with taste tests and unboxings of the
The special guaranteed loan scheme has seen over HK$13 billion in bad debts, says Paul Chan. SING TAO Algernon Yau Previous Next Caroline Zheng Hong Kong must be wary of resurrecting a special guaranteed loan scheme for small businesses introduced during the Covid pandemic as it could encourage excessive
At the launch are, from left, Lily Tan, Sylvia Wong, Willie Lai, Charlene Ng, Theresa Fok, Alfred Sit, Kyran Sze, Pauline Jones and Danny Lau. SING TAO Staff reporter Jade Land Properties has opened its new headquarters at Shui On Centre in Wan Chai. The launch event, held on August 12, also marked the
Paul Chan unveiled plans to issue HK$70 billion worth of retail bonds while presenting the budget earlier this year. Sing Tao Previous Next Staff reporter The Hong Kong government may issue retail bonds for sale as early as late September, after announcing a plan in February to issue
Cryptocurrency ATMs in Hong Kong. BLOOMBERG Bitcoin and ether dived yesterday to multi-month lows as worries over a possible US recession in the wake of soft data gripped financial markets while US Treasuries were among the day’s winners as investors rushed to safe-haven assets. Bitcoin plunged 13 percent to US$51,560 (HK$401,282) at one time,