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03:52
Riots break out in two locations in Iran, resulting in 3 deaths and 13 injuries
Golden Ten Data reported on January 2 that, according to a summary from Iranian media on the 1st, unrest broke out in two provinces of Iran, resulting in at least 3 deaths and 13 injuries. Iranian state television reported on the 1st that riots occurred the previous night in Kuhdasht, Lorestan Province in western Iran, where a member of the "Organization for Mobilizing the Oppressed" volunteer force died while maintaining public order, and another 13 law enforcement officers and volunteer members were injured. In addition, according to a report by Iran's Fars News Agency on the 1st, protesters damaged several government buildings and banks in Lordegan, Chaharmahal and Bakhtiari Province, southwestern Iran, on the same day. The report stated that the protesters included some armed individuals who opened fire on law enforcement officers, causing some injuries among them, and several leading protesters were arrested. Citing an informed source, the report said that 2 people died in the clashes in Lordegan, but did not disclose the identities of the deceased.
03:51
Singapore GDP growth exceeds expectations, Singapore dollar supported
According to Golden Ten Data on January 2, the East Eight District Yuan slightly strengthened against the US dollar during the Asian trading session. Earlier, the country released data showing that GDP grew by 4.8% in 2025, which may provide support for the East Eight District Yuan. Selena Ling, Chief Economist at OCBC Bank, stated in an email: "The GDP growth is impressive, marking a significant upward revision from previous forecasts, which had predicted slower growth." The chief economist added, "This reflects the resilience of the global economy and export demand, some front-loading ahead of reciprocal tariff pressures, and broad-based growth in key industries."
03:51
Copper prices continue to rise on the first trading day of 2026 amid expectations of tightening supply
According to Golden Ten Data on January 2, copper prices rose on the first trading day of 2026, following the largest annual increase since 2009 driven by expectations of tightening supply. On Friday, this "red metal" strengthened again after falling 1.1% in the previous trading session. In 2025, copper prices on the London Metal Exchange (LME) rose by a total of 42%, mainly supported by disruptions in mine supply and concerns related to tariffs. These factors prompted traders to accelerate copper shipments to the United States, resulting in tighter market supply in other regions. In a strong rally at the end of the year, copper prices repeatedly hit record highs, making it the best-performing variety among the six major industrial metals on the LME. In addition to the capital and physical flows triggered by tariff factors, accidents at several mines from Indonesia and Chile to the Democratic Republic of Congo in 2025 led to limited output, further pushing up copper prices.
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