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Finance & Markets

Yen’s Rally Through Key Level Puts Currency’s 2026 High in Reach

The yen is closing in on its strongest level this year after a break through 155 per dollar triggered stop-loss orders, putting the 152 area firmly in traders’ sights.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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PremiumTrust Bank receives dual credit rating upgrades

PremiumTrust Bank has received dual credit rating upgrades from two of Nigeria’s leading rating agencies, Agusto & Co. and DataPro Limited, underscoring the Bank’s financial strength, sound risk…

  • PremiumTrust Bank upgraded to A- long-term and A1 short-term ratings
  • Agusto & Co. and DataPro Limited raised credit ratings
  • Upgrades reflect strong financial health and effective risk management

Gold steadies as traders weigh Mideast tensions, US dollar moves

Investors bet the metal will gain as it rediscovers its traditional value as a portfolio hedge

  • Gold hovered around US$4,400 per ounce Monday amid Middle East tensions and a weaker US dollar.
  • Escalating US-Iran conflict in the Strait of Hormuz boosted oil prices and inflation concerns.
  • Spot gold rose 0.1% to US$4,409.68 at 7:18 am Singapore time.

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