Analysts project USD/SGD to test 1.2900, with 1.2915 seen as a key resistance level in the coming weeks. United Overseas Bank analysts maintain a mildly positive outlook on USD/SGD, targeting a near-term test of 1.2900. The pair’s upside is expected to persist as long as i
United Overseas Bank analysts maintain a mild bullish outlook for USD/SGD, targeting 1.2900 while eyeing 1.3000 on a break above 1.2930. United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann forecast USD/SGD to test 1.2900 in the near term, with 1.2915 as a ke
Kazakhstan puts 30 suboil plots on offer Kazakhstan is holding its 12th hydrocarbon licensing round, offering 30 suboil plots across 53,000 sq km. The plots have a preliminary estimated hydrocarbon resource potential of more than 9 billion. Signature bonuses rang
Silver prices surged over 4% as geopolitical tensions eased following the cancellation of US military action against Iran. Silver prices climbed more than 4% after US President Donald Trump called off planned strikes on Iran, easing immediate geopolitical risks. XAG/USD re
Traders can now speculate on SpaceX’s valuation via unregulated derivatives tied to its private share price. Cryptocurrency exchanges have introduced pre-IPO perpetual futures linked to SpaceX’s share price, allowing traders to bet on the company’s valuation ahead of a pub
Oil demand growth to outpace non-OPEC supply additions OPEC forecasts the oil market will remain relatively tight through next year. The organization's June Monthly Oil Market Report shows crude production from countries participating in the Declaration of Cooperat
Industrial production in China likely rose 5.0% year-on-year in May, but weak demand and housing downturn weigh on investment. China’s industrial production growth likely rebounded to 5.0% year-on-year in May, up from 4.1% in April, driven by strong exports and high-tech m
Short seller Muddy Waters cites potential 210-basis-point EBITDAR margin hit and $7 billion in theoretical sanctions over compliance issues. Ensign Group shares declined after Muddy Waters raised compliance concerns, estimating a 210-basis-point reduction in EBITDAR margin
Lawsuit alleges retaliation after Devin Kim warned of risks including misinformation and bioterrorism threats in xAI's chatbot. A former xAI engineer sued Elon Musk’s xAI and SpaceX, alleging wrongful termination after raising safety concerns about the Grok AI chatbot. Dev
Portfolio manager highlights undervalued financial and healthcare sectors as mega-cap stocks dominate AI-driven rallies. Janus Henderson portfolio manager Jeremiah Buckley is advising investors to diversify beyond mega-cap stocks, citing attractive valuations in financial
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