Business
Oil prices slip as robust supply outweighs Fed cut
Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first…
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Fed
Business
Gold steady as investors await more Fed cues
Gold prices were little changed on Friday (Sep 19) as investors awaited further signals on the US interest rate path after the US Federal…
Business
Oil prices settle lower, US economic concerns outweigh Fed rate cut
Oil prices eased on Thursday, settling lower as traders remained worried about the US economic outlook a day after the US Federal Reserve…
Business
Europe: Chip-led technology rally drive Stoxx 600 higher after Fed rate cut
EUROPEAN shares ended on Thursday on a strong note in a chipmaker-driven rally, further powered by the resumption of the US Federal…
Business
US: Stocks end at record highs after Fed rate cut, Nvidia-Intel deal
US EQUITY indices finished at fresh records on Thursday following the Federal Reserve’s first interest rate cut of 2025 while Intel surged…
Business
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
Business
Japan's Nikkei closes above 45,000 for first time on tech boost, Fed decision
Japan’s Nikkei share closed above 45,000 for the first time on Thursday (Sep 18), underpinned by technology shares, as optimism swept into…
Business
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
Hong Kong’s central bank on Thursday (Sep 18) lowered its base interest rate by 25 basis points to 4.5 per cent, tracking a cut by the US…
Business
China leaves policy rate unchanged after Fed rate reduction
China’s central bank left a key interest rate unchanged on Thursday (Sep 18), as authorities appear in no rush to ease monetary settings…
Business
Asia: Markets fluctuate after Fed cuts interest rates
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were…
Business
Gold slips as US dollar gains after Fed rate cut, Powell comments
Gold prices extended losses on Thursday (Sep 18) due to an uptick in the US dollar after the US Federal Reserve cut interest rates by a…
Business
Deutsche Bank sees gold at US$4,000 next year on Fed cuts, China
The bank expects the US central bank to cut rates three times by the end of this year Deutsche Bank expects gold to average US$4,000 an…
Business
Big US banks lower prime lending rates after Fed rate cut
MAJOR US lenders lowered a key interest rate on Wednesday, providing US consumers a reprieve on borrowing costs, after the Federal Reserve…
Business
Europe: Shares close flat ahead of Fed decision, Puma jumps
EUROPEAN shares ended flat on Wednesday as investors avoided making big bets ahead of the Federal Reserve’s monetary policy decision,…
Business
US: Stocks end mixed as Fed rate cut sparks volatility
Wall Street stocks finished mixed after the Federal Reserve announced its first interest rate cut of 2025 and signalled it could enact two…
Business
Gold steadies near record high as investors await Fed verdict
The US central bank is expected to deliver a quarter-percentage-point interest rate cut later in the day to support the labour market Gold…
Business
Europe: Stoxx 600 hits one-week low as banks, insurers slide ahead of Fed decision
EUROPEAN shares fell more than 1 per cent at close on Tuesday, weighed down by rate-sensitive sectors, as investors turned cautious in the…
Business
US: Stocks edge down from records ahead of Fed decision
Wall Street stocks edged down from record highs on Tuesday following solid US retail sales data as markets hold their breath ahead of a…
News
Divided D.C. Circuit Panel Rules Trump May Not Remove Fed Board Member
The White House says the president will appeal to the Supreme Court. Source link
Business
Markets rally as the Fed meets to decide on what could be 2025’s first interest rate cut
An “everything rally” in markets greets the start of a two-day Federal Reserve meeting, with stocks at record highs, bond yields subsiding…
Business
Japan's Nikkei hits record close for fourth day on chip gains ahead of Fed decision
Japan’s Nikkei share average closed at a record high for a fourth consecutive session on Tuesday (Sep 16), as investors scooped up…
Business
The Fed is expected to cut rates: here’s how it might impact jobs
The Federal Reserve is expected to cut interest rates this week. Rates are currently around 4.25% to 5.5%, but the Federal Reserve is…
Business
Gold scales new high as US dollar weakens ahead of Fed meeting
Lower interest rates reduces the opportunity cost of holding non-yielding bullion Gold prices scaled a record peak on Tuesday (Sep 16),…
News
Appeals court declines to let Trump remove Fed Governor Cook
A US appeals court declined on Monday to allow Donald Trump to fire Federal Reserve Governor Lisa Cook - the first time a president has…