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(Economic Observation) Multiple uncertainties may cause gold prices to reach new highs

Gold prices may yet to hit their ceiling as multiple uncertainties fuel risk aversion. International spot gold price once approached the historic mark of US$2,200 per ounce. Domestic retail price of pure gold in China is also rising, approaching RMB 670 per gram. Aakash Doshi, head of North American commodities research at Citibank, said gold prices could soar to $3,000 an ounce in the next 12 to 18 months. The most likely factor leading to this situation is the accelerated de-dollarization of c...
Feng Lin United States Aakash Doshi Zhou Zhicheng Federal Reserve China News Service

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Wee Cho Yaw, who shaped Singapore bank industry, sies at 95

Wee Cho Yaw, the billionaire who shaped Singapore's financial landscape by amalgamating several old family-controlled banks, has died. He was 95. The former chairman of United Overseas Bank Ltd. died on Saturday, according to a spokesperson for the lender. His funeral will be held on Feb. 7. Wee was one of the last of a generation of bankers born before World War II
United Kingdom Republic Of Ying Chow Wee Kheng Chiang Teng Chuen Wee Cho Yaw

voco Hotels Marks Its Third Anniversary in Greater China

In its three years since entering the Chinese market, voco hotels has experienced noteworthy growth, capitalizing on the existing hotel market and demonstrating a commitment to environmental sustainability through the lens of art to provide an enjoyable and sustainable travel experience.
Ivan Chen Zhang Yihan Kent Sun Ouyang Sulong Yu Wenjie Office Of The China State Council

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