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…
Tag
interest
Business
US Fed lowers interest rate by 25 basis points, signals more cuts ahead
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing…
Business
Why the US is cutting interest rates
Natalie ShermanBusiness reporter It's finally happening. After months of economic debate and mounting attacks from US President Donald…
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
European Central Bank holds interest rates amid Trump’s tariffs
The European Central Bank left interest rates unchanged Thursday with inflation back under control and the economy weathering Trump’s…
Business
Global markets surge as Wall Street sets another record, ahead of hopes for cuts to U.S. interest rates
World shares rose Friday after U.S. stocks climbed to a record as Wall Street made its final moves ahead of an update on the American job…
Business
Bank Indonesia to raise interest paid on government deposits under ‘burden sharing’ deal
Indonesia’s central bank said it had agreed on a “burden sharing” arrangement with the government where it will raise the interest rates…
Business
BOJ should keep raising interest rates, Deputy Governor Himino says
[KUSHIRO, Japan] Bank of Japan Deputy Governor Ryozo Himino said on Tuesday it would be appropriate to continue raising interest rates in…
Business
Fed Chair Jerome Powell has to walk a fine line between cutting interest rates and bowing to Trump
Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new…
Business
Dow soars more than 900 points after Fed hints at interest rate cuts
Wall Street is rallying on Friday toward its best day in months after the head of the Federal Reserve hinted the cuts to interest rates…
Business
Will Fed chair Powell’s high-profile speech in Wyoming give hints on interest rate cuts?
Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate…
Business
Singapore shares rise as market eagerly awaits signals of interest rate cuts; STI up 0.3%
Singapore shares rose on Thursday (Aug 21), as the market awaits for hints from US Federal Reserve chairman Jerome Powell about the future…
Business
More customer interest in floating-rate home loans amid Sora decline in Q2
The local banks have observed more customer interest in home loans on floating-rate packages, following a decline in the Singapore…
Business
Wall Street stocks surge on hopes for interest rate cuts by the Fed
U.S. stocks are ticking higher on Wednesday after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P…
Business
Stoneweg Europe Stapled Trust DPS falls 7% to 0.06553 euro for H1 amid higher interest expenses
Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first…
Business
Stock market rises after inflation report drives hopes for lower interest rates
The U.S. stock market is rallying toward records on Tuesday after data suggested inflation across the country was a touch better last…
Business
RBA cuts interest rates, signals more to come as inflation slows
Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be…
Business
Hong Leong Finance H1 net profit down 38.7% to S$32.2 million on compressed net interest margins
Hong Leong Finance posted a 38.7 per cent year-on-year fall in net profit to S$32.2 million for the six months ended Jun 30, 2025. This…
Business
DBS looks to volume growth to mitigate falling interest rates; stock soars to record high, hits S$50 mark
Shares of DBS soared to a record high on Thursday (Aug 7) – briefly hitting a milestone S$50 mark – as South-east Asia’s biggest lender…
Business
Bank of England expected to cut interest rates
UK interest rates are widely expected to be cut on Thursday, taking the cost of borrowing to its lowest level for more than two years.…
Fashion
‘The Devil Wears Prada 2’ Screenwriter Says It’s an ‘Honor’ to Have So Much Attention on Set Photos: ‘We Knew There Would Be A Lot of Interest’
“The Devil Wears Prada 2” screenwriter Aline Brosh McKenna is just as excited as the fans about the sequel’s on-set photos. McKenna…
Business
China to tax bond interest income after decades of exemption
China said that it plans to tax interest income on bonds issued by the government and financial institutions, in a surprise move that’s…
Business
UOB trims One Account interest rate again; maximum 2.5% per annum on first S$150,000
UOB is cutting interest rates on its flagship savings account, the One Account, for the second time in 2025. With effect from Sep 1, the…
Business
What is the Interest Rate for Pre-Settlement Funding?
Pre-settlement funding offers a financial lifeline to plaintiffs awaiting compensation from personal injury claims or lawsuits. The…