Commodity market

Radiant World cuts more jobs as legal challenges mount

The vacant unit at 30 Cecil Street that was previously registered as Radiant World’s address.

Shares skid in Asia as oil rises, rate hikes loom

Analysts fear oil prices could stay elevated for a lengthy period, stoking inflation globally.

US derivatives regulator clears faster payouts for tipster awards under $6.3 million

The US Commodity Futures Trading Commission plans to automatically award successful whistleblowers 30 per cent of any enforcement penalties collected if a tipster is due to receive US$5 million or less.

Radiant World-funded scholarship in UWCSEA under review as S’pore iron ore trader’s legal woes mount

Radiant World’s website says its foundation funds scholarships for talented young women from India to pursue IB at UWCSEA and UWC UK.

Jefferies fund wins Singapore asset freeze against Radiant World

The decision at a closed hearing in Singapore on Sept 10 came after the Jefferies fund earlier won a worldwide freezing order against the same defendants in London’s High Court.

Gold edges higher as weaker US dollar offsets inflation risks

A gauge of the US dollar has fallen about 0.4 per cent this week, making the precious metal cheaper for many buyers.

Asia stocks waver as Japanese yen surges, Iran warns of retaliation

The yen has now surpassed the peak it reached after coordinated intervention by Japan and the US.

Jefferies-linked fund seeks Singapore injunction against Radiant World

The filing adds to mounting challenges facing the iron ore trader.

Glencore was Radiant World’s ‘senior partner’, executive says

The comments are the latest headache for Glencore stemming from its dealings with Radiant World and related companies, on which it has taken a US$480 million provision – one of its largest trading losses in its history as a public company.

Jefferies-linked fund has almost US$500 million exposure to trader Radiant World, FT reports

Reuters has previously reported that Jefferies had trade finance-related exposure of about US$300 million to Radiant World through its Point Bonita fund.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.