Business
US: Wall Street indexes open muted ahead of Fed's interest rate verdict
Wall Street’s main indexes opened subdued on Wednesday (Jun 18), ahead of the Federal Reserve’s monetary policy decision, as the…
Tag
interest
Business
StanChart brings maximum interest rate on savings account to record 8.05%
While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an…
News
Interest costs fall for S-Reits in Q1, but US tariffs cloud outlook
Interest costs eased for more Singapore-listed real estate investment trusts (S-Reits) in the first quarter of FY2025, even as looming US…
Business
Reit privatisation unsurprising amid higher-for-longer interest rates, but investment opportunities remain: SGX equities head
Real estate investment trusts (Reits) being taken private is unsurprising as the sector is facing some challenges, but investment…
Business
CPF Special, MediSave and Retirement Accounts’ interest rate remains at 4% for Q3 2025
The interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will remain at 4 per cent per…
Business
JPMorgan sees broad-based recovery, more interest in China
JPMorgan Chase is seeing a broad-based recovery in China and growing interest from foreign investors seeking to diversify, as the global…
News
RHB names its S-Reit top picks on softer interest cost pressures, minimal tariff impact
RHB analysts maintained their “overweight” call on Singapore-listed real estate investment trusts (S-Reits) amid “softer interest cost…
Business
JPMorgan says interest income could rise this year even as uncertainty persists
JPMorgan Chase could earn more from interest payments this year as consumers and businesses remain resilient despite economic uncertainty,…
Business
Why the Fed will likely ignore Trump’s calls for interest rate cuts
The Federal Reserve could keep its key rate unchanged for several more months as it evaluates the impact of President Donald Trump’s…
Business
Hong Kong dollar interest rate falls most since 2008 after intervention
The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg…
Business
China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the…
Business
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President…
Business
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more…
Business
Kohl’s fires CEO after investigation finds conflicts of interest
Kohl’s has terminated its new CEO Ashley Buchanan after an investigation determined that he directed the retailer to engage in vendor…
Business
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high…
Business
Maximize Business Savings: How to Get the Best Interest Rates on Deposits
As a business owner, you’re always looking for ways to grow your revenue, but what about optimizing the money you’ve already earned? While…
Business
Impact of Trump’s tariffs, interest costs in focus as S-Reits report Q1 earnings
Market watchers will be looking for managers of Singapore-listed real estate investment trusts (S-Reits) to shed light on their strategies…
Business
Malaysia central bank to look beyond interest rates amid tariff challenges
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
UOB cuts interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
Business
UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
Business
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of…
Business
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI)…
Fashion
PropNex Realty changes law firm in ‘99-to-1’ suit to avoid conflict of interest
Withers KhattarWong previously represented both the property agency and its agent Ian Sng, but the agency has switched to Rajah & Tann…
Business
Couche-Tard sees strong interest in US stores for Seven & I deal
[MONTREAL, TOKYO] Private equity firms are showing strong interest in buying about 2,000 North American convenience stores that could be…