June 3, 2025
Gold Investing

Gold Marks Fresh Record After Bullion-Backed ETFs See Inflows

(Bloomberg) — Gold touched a fresh record, as exchange-traded funds backed by the precious metal draw renewed interest from investors. Bullion hit a new all-time high of $2,956.19 an ounce on Monday, topping the previous peak reached on Thursday, before paring gains. Prices have risen for the past eight weeks, the longest streak since 2020.

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Gold Investing

Canada’s Equinox Offers to Buy Calibre as Gold Deals Heat Up

(Bloomberg) — Canada’s Equinox Gold Corp. sought to acquire Calibre Mining Corp. in a deal that would value the combined companies at $5.4 billion, the latest example of dealmaking as miners capitalize on record gold prices. Vancouver-based Equinox said on Sunday it entered into an agreement to purchase Calibre in an all-stock transaction. Calibre shareholders

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Financial Assets

BitMart Research Releases In-Depth Analysis on World Liberty Financial (WLFI) and Its Strategic Vision

Victoria. Mahe, Seychelles, Feb. 17, 2025 (GLOBE NEWSWIRE) — BitMart Research, the research arm of BitMart Exchange, has released an extensive report on World Liberty Financial (WLFI), a DeFi initiative backed by members of the Trump family. This report provides a comprehensive analysis of WLFI’s financial strategy, political influence, and long-term investment potential, making it a must-read for investors, policymakers,

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Gold Investing

Gold Stocks Shine in Toronto as Yawning Rate Gap Pummels Loonie

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

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Tangible Assets

Barrick and Mali Resume Talks on Ending Dispute Over Gold Mine

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

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Gold Investing

Explosion rips through Dutch museum in art heist of 2,500-year-old gold helmet | News World

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,

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Financial Assets

Philippines Sells $3.3 Billion of Dollar, Euro Bonds

(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)

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Fixed Assets

Greedy fraudsters set up fake websites to cash in on Dubai chocolate craze | News World

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

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Financial Assets

Reviving special loans will elevate risks, warns Chan

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

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Fixed Assets

Jade Land Properties turns 31, opens new HQ

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

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