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World

ANC calls for urgent measures to cushion blow of steep fuel hikes

Motorists are bracing for sharp increases in fuel prices set to take effect from midnight Tuesday.

  • ANC urges government to take urgent action against fuel price hikes.
  • Minister suggests reducing fuel levies and increasing local refining capacity.
  • Russia's diesel export suspension and China's restrictions exacerbate fuel crisis.

Finance & Markets

The next chapter for Singapore equities

All local stock sectors are expected to record positive earnings-per-share growth in the next financial year.

  • Singapore's GDP growth forecast raised to 5% for 2026, up from 3.5% in June
  • 25 listed companies returned to profit in latest reporting season
  • S$90 billion raised through Singapore's equity market since 2017

AI

Binance Debuts AI Tool to Boost Customer Crypto IQ

Binance introduced Binance Intelligence, an artificial intelligence product stack designed to bridge the gap in digital asset knowledge between market professionals and day-to-day customers, according to a Monday (Oct. 5) press release.

Business

Barrick secures 15-year North Mara mining licences in Tanzania

The latest approval removes tenure risk, leaving Barrick to reverse a sharp first-half production decline.

  • Barrick Mining secures 15-year mining licences for North Mara in Tanzania.
  • North Mara mine generated 249,000 ounces last year, down 47% YoY.
  • Barrick anticipates North Mara output to grow to 200,000-230,000 ounces.

Science

The Fossil Fuel Turning Point

"It is crystal clear to us that fossil fuel dependence is a liability, threatening energy security and economic development across the planet," write André Corrêa do Lago and Bruce Douglas.

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