Golden Cross Alert: 3 Stocks With Major Upside PotentialDarling Ingredients (NYSE:DAR) stockholders approved all proposals presented at the company’s 2026 Annual Meeting of Stockholders, including the election of directors, ratification of the company’s auditor, an advisory vote
Golden Cross Alert: 3 Stocks With Major Upside PotentialDarling Ingredients (NYSE:DAR) stockholders approved all proposals presented at the company’s 2026 Annual Meeting of Stockholders, including the election of directors, ratification of the company’s auditor, an advisory vote
(RTTNews) - The Singapore stock market on Friday ended the two-day winning streak in which it had risen more than 20 points or 0.5 percent. The Straits Times Index now rests just above the 4,920-point plateau although it may rebound on Monday.
(RTTNews) - The Singapore stock market on Friday ended the two-day winning streak in which it had risen more than 20 points or 0.5 percent. The Straits Times Index now rests just above the 4,920-point plateau although it may rebound on Monday.
The Philippine peso is likely to sink to new lows against the dollar as the country’s outsized vulnerability to high energy costs offsets expected interest rate hikes, analysts said. Bangko Sentral ng Pilipinas is estimated to raise policy rates by up to 100 basis points this year, Sumitomo Mitsui Banking Corp. said, a move that would normally support the peso. Yet rising import costs from higher ...
The Philippine peso is likely to sink to new lows against the dollar as the country’s outsized vulnerability to high energy costs offsets expected interest rate hikes, analysts said. Bangko Sentral ng Pilipinas is estimated to raise policy rates by up to 100 basis points this year, Sumitomo Mitsui Banking Corp. said, a move that would normally support the peso. Yet rising import costs from higher oil prices, stemming from the US-Iran war, are weighing on growth and the trade balance, strategists at Sumitomo Mitsui, BNY, and MUFG Bank said. The peso has dropped about 3% this year to 60.61 per dollar, while hitting a record low in late April. The strategists project further weakness toward the 62 to 63 range in the months ahead. The murky outlook reflects the Iran war’s toll on the country uniquely exposed to slowing international commerce, with its dependence on overseas workers’ remittances and heavy imports of refined oil . The peso’s further weakness would only worsen some of these pressures, raising costs and hurting consumers’ purchasing power in an already weak economy. “The peso is likely to retain its weakening bias in 2026 due to the uncertain growth outlook, wide current account deficit and elevated inflation risks,” said Khoon Goh , head of Asia research at Australia & New Zealand Banking Group in Singapore. His firm forecasts the peso to weaken to 63.0 by the year-end. A BSP rate hike typically bolsters the peso by widening interest‑rate differentials and drawing in foreign investments seeking higher yields. But surging oil prices, which force the country to spend more dollars on imports, eat away at those gains. Such dynamics risk exerting greater downside pressure on growth, said Wee Khoon Chong , senior APAC market strategist at BNY. Indifferent Market moves show investors remain indifferent to rate hike prospects. The peso lagged all Asian peers on April 24, even after the BSP governor signaled that day the central bank will likely deliver modest rate...
Critics question former German chancellor’s suitability, while others think Europe should seize every chance for peace. What we know on day 1,538 German officials have reacted cautiously to Vladimir Putin’s surprise suggestion that former German chancellor Gerhard Schröder could act as a mediator in Ukraine war peace talks , saying they had “taken note” of Putin’s comments but viewed them as part ...
Critics question former German chancellor’s suitability, while others think Europe should seize every chance for peace. What we know on day 1,538 German officials have reacted cautiously to Vladimir Putin’s surprise suggestion that former German chancellor Gerhard Schröder could act as a mediator in Ukraine war peace talks , saying they had “taken note” of Putin’s comments but viewed them as part of “a series of bogus offers” from Russia, government sources told Agency-France Presse. One source said a real test of Moscow’s intentions would be to extend the current three-day truce . Schröder, 82, has remained close to Putin long after leaving office , standing apart from most western leaders since Russia invaded Ukraine in 2022 . He previously held key roles in Russian energy projects, including work on the Nord Stream gas pipelines and a seat on the board of Russian oil firm Rosneft, which he gave up in 2022. Putin on Saturday said he thinks the Ukraine war is winding down and he nominated Schröder as a potential key negotiator to help end the conflict. Michael Roth, a former lawmaker from Germany’s Social Democratic party (SPD) and chair of the foreign affairs committee, said a mediator “cannot be Putin’s buddy”, in an interview with Tagesspiegel . He stressed that any mediator must above all be accepted by Ukraine. “Neither Moscow nor we can decide that on Kyiv’s behalf.” Others within the party, however, have been more open to Putin’s suggestion. Quoted by Der Spiegel, the SPD’s foreign affairs spokesperson in parliament, Adis Ahmetovic, said the proposal needs to be “carefully considered” with European partners . SPD lawmaker Ralf Stegner argued, in the same magazine, that “if we don’t want Putin and (US President Donald) Trump to decide Ukraine’s future” alone, Europe should seize every possible chance – however small. Meanwhile, the US-mediated ceasefire between Russia and Ukraine appeared under serious strain on its second day on Sunday, writes Angelique Chri...
Just over a year after the London Metal Exchange (LME) approved its first batch of warehouses in Hong Kong, the city now hosts 15 facilities run by seven operators, with close to 25,000 tonnes of metals stored. It marks a triumph for both the LME and Hong Kong’s ambition to be a commodities trading hub. But the challenge is finding sufficient space to meet surging demand, said LME CEO Matthew Cham...
Just over a year after the London Metal Exchange (LME) approved its first batch of warehouses in Hong Kong, the city now hosts 15 facilities run by seven operators, with close to 25,000 tonnes of metals stored. It marks a triumph for both the LME and Hong Kong’s ambition to be a commodities trading hub. But the challenge is finding sufficient space to meet surging demand, said LME CEO Matthew Chamberlain in an interview on Thursday. Chamberlain described it as a “very positive problem” – though...
Israel’s next election campaign is well under way, with political defections, fractious coalition-building and naked appeals to ethnic exclusion marking its opening salvoes as a crowded field of challengers queues up to try Benjamin Netanyahu for the security catastrophe of October 7, 2023 and the wars that followed. The vote, constitutionally set for this October, is shaping up as a referendum on...
Israel’s next election campaign is well under way, with political defections, fractious coalition-building and naked appeals to ethnic exclusion marking its opening salvoes as a crowded field of challengers queues up to try Benjamin Netanyahu for the security catastrophe of October 7, 2023 and the wars that followed. The vote, constitutionally set for this October, is shaping up as a referendum on the prime minister’s central claim to power: that only he can keep Israel safe. But after two and a...