Business
New Zealand holds key rate, sees policy staying accommodative
The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year New Zealand’s central bank held interest rates at…
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News
Former Japan currency chief says FX intervention should be backed by rate hikes
Nakao warned that the yen could weaken further if the BOJ was slow to raise interest rates Currency intervention using Japan’s foreign…
Business
PBOC’s key bank loan rate falls to record low bolstering growth
The decline in the borrowing cost is another example of the Chinese authorities’ drip-feed, low-key approach to revitalising a fragile…
Business
BOJ summary suggests emerging urgency around timely rate hikes
A SUMMARY of opinions from the Bank of Japan’s (BOJ’s) January policy meeting indicated a growing awareness of the need to raise interest…
Business
Australia set for U-turn to rate hike in break from global trend
The turnaround has been driven by stubborn price pressures buttressed by a surprise drop in unemployment Australia’s central bank faces…
News
Celebrating the Historically Low Murder Rate
Not only did 2025 see the largest single-year reduction in homicide on record, but the level may now be as low as it has been since 1900.…
Business
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in…
News
U.S. population growth rate dropped in 2025 amid Trump’s immigration crackdown
President Donald Trump’s crackdown on immigration contributed to a year-to-year drop in the nation’s growth rate as the U.S. population…
Business
Bank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordability Bank of America and Citigroup are exploring…
News
JPMorgan’s Dimon warns of ‘economic disaster’ for US as Trump backs credit card rate cap
[DAVOS, Switzerland] JPMorgan Chase CEO Jamie Dimon warned on Wednesday (Jan 21) that a proposal to cap credit card interest rates would…
Business
SIA prices S$500 million 10-year notes at 2.7% fixed rate
Flag carrier Singapore Airlines (SIA) has priced S$500 million in 10-year notes at a fixed rate of 2.7 per cent per annum, with proceeds…
Business
BOJ to signal more rate hikes as yen, politics fuel inflation risks
The Bank of Japan is expected to raise its growth forecast on Friday (Jan 20) and signal its readiness to hike interest rates further, as…
Business
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a…
Business
Long-term mortgage rate drops to lowest point in more than 3 years
The average long-term U.S. mortgage rate is now down to its lowest level in more than three years. The benchmark 30-year fixed mortgage…
Business
Bilt’s new credit cards to feature 10% interest rate, answering lawmakers’ pleas
Silicon Valley fintech giant Bilt announced an overhaul of its credit cards on Wednesday, which notably will include an introductory rate…
Lifestyle
EXCLUSIVE: Madison Avenue Vacancy Rate Nears Historic Lows
Madison Avenue‘s vacancy rate has dropped down to 5.6 percent, nearing historically low pre-pandemic levels for the nation’s premier…
Business
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting…
Business
Long-term mortgage rate ticks up slightly to 6.16%
The average rate on a 30-year U.S. mortgage edged higher this week to just above its 2025 low. The average long-term mortgage rate rose to…
News
Government to water down business rate rise for pubs
The government is poised to announce a climbdown on forthcoming increases to the business rates bill faced by pubs. In the coming days the…
Business
Australia central banker says inflation rate still too high
A top Australian central banker said on Thursday (Jan 8) that a slowdown in consumer price inflation for November was “helpful”, but…
Business
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
Gold and other precious metals rose on Thursday (Jan 8) after US private payroll data showed job openings fell to a 14-month low in…
Business
BOJ debated need for more rate hikes even after December move, summary shows
The central bank has said underlying inflation must durably hit its target to justify further rate hikes Bank of Japan (BOJ) policymakers…
Business
Asian markets rally again as rate cut hopes bring Christmas cheer
EQUITIES extended a global rally on Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an…
Business
Australia central bank saw risk of rate rise in 2026 to contain inflation
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent Australia’s…