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Spot gold slipped below $4,140/oz, down 0.50% on the day.

2026-10-14

Spot gold slipped below $4,140/oz, down 0.50% on the day.

Other News
2026-10-14

Singapore Deputy Prime Minister and Minister for Trade and Industry said on Wednesday the city-state must accelerate development to maintain its financial-hub standing as competition from other wealth centers — including Hong Kong Kong, Dubai, London

Singapore Deputy Prime Minister and Minister for Trade and Industry said on Wednesday the city-state must accelerate development to maintain its financial-hub standing as competition from other wealth centers — including Hong Kong Kong, Dubai, London and New York — intensifies. "We have long competed with financial centers around the world, including Hong Kong, Dubai, London and New York," he said. He said Singapore will continue to update its financial regulatory framework to improve the operating environment for wealth management and family offices, and is pressing ahead with efforts to deepen its role in green finance; authorities are also pursuing cross-border power trading to meet rising demand for renewable energy and to deepen ASEAN economic integration.
2026-10-14

Portugal has chosen Germany's Lufthansa Group to acquire up to 44.9% of state-owned TAP Air Portugal, the government decided at a cabinet meeting on Wednesday. Lufthansa and Air France-KLM had each submitted improved bids. A 5% stake will be reserved

Portugal has chosen Germany's Lufthansa Group to acquire up to 44.9% of state-owned TAP Air Portugal, the government decided at a cabinet meeting on Wednesday. Lufthansa and Air France-KLM had each submitted improved bids. A 5% stake will be reserved for TAP employees. Lufthansa said TAP fits its multi-carrier, multi-hub model, will strengthen the group's market position on Europe–Brazil, Latin America and Africa routes, and pledged to retain Lisbon as a hub.
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