Metals traders lose at least one billion yuan as ‘Hat’ flees China

Metals traders lose at least one billion yuan as ‘Hat’ flees China

Chinese metals markets have seen more than their fair share of scandal in recent years [SINGAPORE] Chinese metals traders have racked up losses totalling at least one billion yuan (S$183 million) after one of their counterparties fled the country, leaving deals unfinished, alarming top regulators worried about hidden financial risks, according to sources familiar with…

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Why CeeLo Green Has Red Eyes at the Grammys 2026

Why CeeLo Green Has Red Eyes at the Grammys 2026

CeeLo Green showed up at the 2026 Grammys sporting bright red contacts. Does that make him crazy? Possibly, but there was method to the madness for the 50-year-old, who at first played coy about his blood-red irises. “What are you saying?” he teased Entertainment Tonight when asked about his eyes. “Are you kidding? I was born…

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Positive takeaways for Singapore Reits from Keppel Reit’s dpu dilutive MBFC Tower 3 deal

Positive takeaways for Singapore Reits from Keppel Reit’s dpu dilutive MBFC Tower 3 deal

With demand for office trusts focused in the Republic despite lower yields, more capital should be allocated domestically [SINGAPORE] Investors buy real estate investment trusts (Reits) to earn recurrent income from periodic distributions. Managers therefore strive to grow a trust’s distribution per unit (DPU). One strategy is to buy properties that raise DPU. However, Keppel…

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‘Shop in China’ travel boom risks complicating PBOC’s yuan math

‘Shop in China’ travel boom risks complicating PBOC’s yuan math

Foreign visitors to the capital city of Beijing spent an unprecedented 50.6 billion yuan in 2025 Published Mon, Feb 2, 2026 · 10:29 AM A SURGE in foreign travellers strolling in Beijing’s Summer Palace and binging on Shanghai’s soup dumplings risks complicating the Chinese central bank’s efforts to ensure measured, orderly gains in the yuan.…

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Oil prices fall by 3% on US-Iran de-escalation

Oil prices fall by 3% on US-Iran de-escalation

Published Mon, Feb 2, 2026 · 09:58 AM [TOKYO] Oil prices fell 3 per cent on Monday as US President Donald Trump said over the weekend Iran was “seriously talking” with Washington, signalling de-escalation with an Opec member after risks of a military strike drove prices to multi-month highs. Brent crude futures were down US$2, or…

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