Energy & Commodities

Bullion is trading around US$4,375 an ounce, after posting a moderate gain the week before

The global benchmark edges 0.9% lower to settle near US$104 a barrel, cementing a narrow weekly loss

Tech investment is boosting the country’s manufacturing but straining its power system

Bullion rose as much as 2.8% to exceed US$4,380 an ounce, snapping a three-day drop

The messages raise questions about the depth of both companies’ involvement

The bank has increased vaulting space as demand from private wealth and institutional clients grows

The uptick is also due to technical factors, as markets already largely priced in hawkish messaging

Although shipments have been limited to Singapore and Brunei, potential lies in Thailand, Malaysia, Indonesia and Vietnam

A push for at least 10% annual economic growth through the decade’s end is pressuring its power grid