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Search Result for “dollar”

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LIFE

Motown legend Smokey Robinson sued for sexual assault

AFP, Published on 07/05/2025

» LOS ANGELES — Motown legend Smokey Robinson was facing a multimillion dollar lawsuit on Tuesday from four former housekeepers who allege the soul singer repeatedly raped and sexually assaulted them.

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GENERAL

Fed signal could continue dollar's slide

Business, Nareerat Wiriyapong, Published on 07/05/2025

» The baht, which has appreciated to a seven-month high past 33 to the dollar, could strengthen further if the Federal Reserve sends a clear signal at its meeting this week that it is prepared to cut the US rate at its next meeting in June, says Kasikorn Research Center (K-Research).

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INVESTMENT

Traders see gold hitting $3,800 an ounce

Published on 06/05/2025

» Gold prices are on track to hit $3,800 per ounce later this year amid mounting fears of a global economic slowdown, due partly to the unpredictable trade policies of US President Donald Trump, according  to local traders.

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GENERAL

‘Asian crisis in reverse’ as currencies soar against dollar

Published on 06/05/2025

» SINGAPORE - A wave of dollar selling in Asia is an ominous sign for the greenback as the world’s export powerhouse starts to question a decades-long trend of investing its big trade surpluses in US assets.

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GENERAL

Trump praises Fed chair Powell, vows not to remove him

Business, Published on 06/05/2025

» WASHINGTON - US President Donald Trump said he will not remove Jerome Powell as Federal Reserve Board chairman before his term ends in May 2026 while describing the central banker as "a total stiff" and repeating calls for the Fed to lower interest rates.

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WORLD

Lufthansa, Air France, others avoid Pakistan airspace amid India tensions

Published on 05/05/2025

» NEW DELHI - Air France and Germany's Lufthansa were among global carriers avoiding Pakistani airspace, airlines and flight trackers showed on Monday, as tension between nuclear-armed rivals India and Pakistan stays high after a deadly attack in Kashmir last month.

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GENERAL

Asian currencies surge on weaker dollar, oil falls

Published on 05/05/2025

» Asian currencies advanced amid broad weakness in the dollar and US assets as investors awaited further progress on trade deals. Crude oil slumped 3.6% after OPEC+ agreed to a further surge in output.

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WORLD

Trump says 'I don't know' if must uphold US Constitution as president

AFP, Published on 04/05/2025

» WASHINGTON - US President Donald Trump said in remarks airing Sunday that he does not know whether he must uphold the US Constitution, the nation's founding legal document.

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WORLD

In Singapore’s election, a blow to the fledgling opposition

Published on 04/05/2025

» SINGAPORE — The last time Singapore held elections, it was in the throes of a global crisis. That’s also true today.

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OPINION

China ramps up global yuan push

News, Published on 03/05/2025

» As Chinese President Xi Jinping toured Southeast Asia last month to forge closer ties against higher US tariffs, the People's Bank of China (PBOC) was seizing a moment of confusion and disruption in global trade to promote greater usage of the yuan.