Business
US: Wall Street indices open higher with Fed remarks in focus
Wall Street’s main indices opened higher on Wednesday (Oct 8) following a blip in a steady rally, as investors awaited fresh clues from…
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Fed
Business
Wall Street indices open higher with Fed remarks in focus
Wall Street’s main indices opened higher on Wednesday (Oct 8) following a blip in a steady rally, as investors awaited fresh clues from…
Business
US: Wall Street opens higher as Fed cues awaited
WALL Street’s main indexes opened higher on Tuesday (Oct 7), a day after the S&P 500 and the Nasdaq hit record closing highs, with focus…
Business
Gold notches fresh high on safe-haven demand, Fed rate-cut bets
Non-yielding gold thrives in a low-interest-rate environment and during economic uncertainties Gold prices rose to an all-time high on…
Business
US interest rates well-placed to fight inflation: Fed official
US INTEREST rates are in a good place for the Federal Reserve’s inflation fight, a senior central bank official said on Monday, pushing…
News
Labor union sues to stop Trump from blaming Democrats for shutdown in fed employees' emails
The largest federal labor union sued the Education Department on Friday, accusing it of a free speech violation by inserting language into…
Business
Gold poised for seventh weekly rise on Fed rate-cut hopes
Gold held steady on Friday (Oct 3) and was set for a seventh straight weekly gain, buoyed by expectations of further US interest rate cuts…
Business
Hong Kong funding cost seen sliding on Fed cuts, slow lending
Bank loans as a proportion of deposits have risen since June, but they still remain near the lowest level since 2009 The cost of overnight…
Business
Europe: Stocks close at record high on tech rally, hopes for Fed rate cut
Investors are also watching any developments related to the US government shutdown European shares closed at a record high for a second…
Culture
Gold hovers near record high on US shutdown concerns, Fed rate outlook
The metal has hit multiple record highs this year, with the latest one being US$3,871.45, hit on Sep 30 Gold prices edged higher on…
Business
Fed Governor Bowman warns of housing market risks: ‘Declines in house prices could accelerate’
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Federal Reserve…
Business
Fed Independence Is a Myth Worth Keeping
Past history suggests Trump will get some slack, interest rates will go down, Powell will move on, and, unfortunately, inflation will rise…
Business
Dallas Fed President says central bank should consider replacing its benchmark rate
LORIE Logan, president of the Federal Reserve Bank of Dallas, has proposed replacing the central bank’s benchmark federal funds rate - the…
News
Greenspan, Bernanke and Yellen urge Supreme Court to let Lisa Cook keep her job as a Fed governor
Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties urged the…
News
Former Fed chairs Greenspan, Bernanke, and Yellen back Lisa Cook in Supreme Court case
Alan Greenspan, Ben Bernanke, Janet Yellen and other former top economic officials appointed by presidents of both parties urged the…
Business
As Fed and regional rates fall, Asia’s banks remain attractive yield plays: analysts
Loan growth and risk levels will impact capital availability for dividends in Asean Even as the US Federal Reserve and central banks…
Business
Singapore stocks slip as US Fed chair Powell says equities ‘highly valued’; STI drops 0.3%
In the wider market, gainers edge out losers 285 to 270, after 1.6 billion shares worth S$1.4 billion change hands The Straits Times Index…
Business
Powell signals Fed will move slowly on interest rate cuts
Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed…
Business
PBOC unswayed by US Fed as policy choices hinge on data at home
The economy’s slower nominal growth also implies that the earnings of companies and individuals are increasing at a weaker rate with…
Business
Fed funds rate seen edging higher within range as costs rise
The effective federal funds rate, which has held near the bottom of the US Federal Reserve’s target range for its benchmark over the past…
Business
Trump’s Fed appointee pushes for steeper rate cuts
President Donald Trump’s appointee to the Federal Reserve’s Board of Governors said Monday that the central bank’s key interest rate…
News
The Fed Should Do One Thing — and One Thing Only
We don’t want a Democratic Fed or a Republican Fed. We want an American Fed. Source link
Business
Gold holds firm near record high as markets eye Fed policy signals
Gold held firm near a record high on Monday (Sep 22) as investors awaited US inflation data and a slew of Federal Reserve speakers this…
Business
China expected to leave benchmark lending rates unchanged on Monday despite Fed easing
China is expected to leave benchmark lending rates unchanged for the fourth month in a row on Monday, a Reuters survey showed, after the…