Business
Gold rises for fifth day as US data lifts Fed rate-cut bets
GOLD nudged higher for a fifth straight session on Thursday (Dec 12) to hover near a more than two-week peak, supported by increased…
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Fed
Business
Singapore stocks rise amid Fed rate-cut hopes; STI up 0.4%
SINGAPORE shares reversed earlier losses to close in the green on Thursday (Dec 12), with Asia-Pacific markets mostly in positive…
Business
Gold steady; all eyes on US jobs data, Fed Chair’s speech
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for…
Business
US: Wall St opens slightly lower ahead of data, Fed commentary
WALL Street opened a touch lower on Tuesday (Dec 3) after the S&P 500 and the Nasdaq notched record high levels in the last session, with…
Business
US Fed minutes show officials prefer future rate cuts to be gradual
US FEDERAL Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and…
Business
Fed survey finds inflation fading as a risk next to debt, trade wars
PRESIDENT-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov 5 election victory financial…
Business
Gold hits one-week high on softer dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal…
Business
Gold hits one-week high on softer US dollar; markets await Fed cues
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal…
Business
US: Wall Street opens subdued with Nvidia earnings, Fed policy in focus
WALL Street’s main indexes opened little changed on Monday (Nov 18), as investors looked ahead to crucial corporate results, especially…
Business
Chinese stocks lead Asia markets’ weekly losses amid China data, Fed signal on rate cuts
Major markets across Asia-Pacific broadly fell this week as US consumer prices released showed that inflation stayed firm, and its central…
Business
Gold hovers near one-month low ahead of US data, Fed speakers
Gold hovered near a one-month low on Tuesday (Nov 12) as investors looked forward to US economic data and comments from Federal Reserve…
Business
Gold subdued as investors await US data, comments from Fed officials
GOLD prices were little changed in early Asia hours on Monday (Nov 11), as market participants awaited comments from Federal Reserve…
News
Trump elected at opportune moment for himself, but will his policies force Fed to change course?
While the outlook seems rosy for DBS, OCBC and UOB, they should hold on to their excess capital and hunt for opportunities as the world…
Business
Gold extends gains on Fed rate cut, but heads for weekly fall
GOLD prices inched higher on Friday (Nov 8), extending gains spurred by the US Federal Reserve’s widely anticipated quarter-point rate cut…
Business
US: Wall Street hits all-time highs, Fed decision on tap
WalL Street’s main stock indexes hit record highs in the run-up to an interest-rate decision from the Federal Reserve on Thursday (Nov 7),…
News
Fed up with U.S. politics, some Californians are making plans to move abroad
WASHINGTON — Mykel Dicus, 54, is finished with the United States. In September, the Hayward, Calif., resident toured Spain with a company…
Business
Recent US economic data points to a concerned Fed opening the door to series of rate cuts
BAD news is good news again. And the worse tidings that US Federal Reserve chairman Jerome Powell can bring about for US economic…
Business
US: Wall St opens flat as US polls, Fed decision loom large
US STOCKS opened flat on Monday (Nov 4), as traders stayed away from large bets in an action-packed week in which Americans will elect a…
Business
US Fed to debate rate cut in shadow of presidential election
THE US Federal Reserve is widely expected to cut interest rates again this week, while votes are being counted in one of the…
Business
Fed reverse repo use declines to lowest in more than three years
THE amount of money investors park at a major Federal Reserve facility dropped below US$200 billion for the first time since May 2021,…
Business
US: Stocks rise as market eyes Fed decision after weak jobs data
WALL Street stocks rose on Friday (Nov 1) following strong Amazon earnings and weak US jobs data that was seen as boosting the likelihood…