Markets
Vita Coco and Century Pacific enter into new long-term agreement
Century Pacific Food, Inc., one of the lead food companies in the Philippines, enters into a new long-term contract with The Vita Coco Company, Inc.,...
Gold extends rally to record as Powell hints at rate cut in 2024
Gold prices surged to a record high on Thursday, poised for their seventh consecutive daily rise, led by sluggish U.S. economic data and Federal Reserve Chair Jerome Powell's indications of potential rate cuts in the coming months should inflation alleviate.
Bitcoin bursts above $68,000, record high comes into view
Bitcoin rallied to a two-year high on Monday, breaking above $68,000 as a wave of money carried it within striking distance of record levels.
The price hit a session high of $68,580 and was last at $68,161. Bitcoin hit a record $68,999.99 in November 2021.
Soaring Japanese equities offer investors cozy distance from troubled China
As economic and geopolitical woes spur an exodus of investors from China, many have been redirecting money into Japan, giving the benchmark Nikkei an extra boost as it rockets to all-time highs.
China, Indonesia face deeper output cuts to tackle nickel price slide
China and Indonesia are set to reduce nickel output by at least 100,000 metric tons this year as producers seek to limit losses following a slump in the price of the metal used in stainless steel manufacture and for EVs, traders and analysts said.
