Business
US Fed minutes show officials prefer future rate cuts to be gradual
US FEDERAL Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and…
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Rate
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China keeps policy loan rate unchanged for second month
CHINA’S central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up…
Business
RBNZ rate cut wagers leave New Zealand dollar eyeing 2022 low
THE New Zealand dollar is forecast to weaken around 6 per cent in the coming months as a slowing economy prompts investors to price in…
Business
UK creates new businesses at slowest rate since 2010
BRITONS started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-term economic growth and…
Business
Chinese stocks lead Asia markets’ weekly losses amid China data, Fed signal on rate cuts
Major markets across Asia-Pacific broadly fell this week as US consumer prices released showed that inflation stayed firm, and its central…
Business
US: Wall Street indexes end lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another…
Business
Wall Street ends lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another…
Business
Fed’s Powell says no need to hurry rate cuts with economy strong
FEDERAL Reserve chair Jerome Powell said the recent performance of the US economy has been “remarkably good”, giving central bankers room…
Business
Japan’s megabanks see record annual profit after bumper Q2 as rate hikes boost margins
JAPAN’S three megabanks raised their annual profit forecasts to all-time highs on Thursday (Nov 14), fuelled by robust lending demand and…
Business
CapitaLand Ascott Trust’s divestments could help it buffer against higher-for-longer interest rate scenario
It should seize opportunities available in market, as long as exit yields remain favourable THE managers of CapitaLand Ascott Trust (Clas)…
Business
Keppel Reit prices A$50 million floating rate green notes due 2027
The net proceeds, after deducting issue expenses, will be fully used towards refinancing projects that meet its green financing framework…
Business
As Argentina's inflation rate cools, consumers still feel squeezed
BUENOS AIRES (Reuters) - Argentine President Javier Milei's dramatic austerity agenda has helped lower inflation, but the slowdown has…
Business
Vietnam central bank ready to sell US dollars to keep exchange rate stable
VIETNAM’S central bank is ready to sell US dollars to the market to keep the exchange rate stable, governor Nguyen Thi Hong said on Monday…
Business
BANK of Japan hints at caution on rate hike with no clear December hint
BANK of Japan (BOJ) board members discussed the need for caution on raising its benchmark rate and offered no clear hint of a move next…
Business
US: Wall St opens flat as rally from Trump win, rate cut cools
WALL Street opened on a muted note on Friday (Nov 8), as a rally powered by a sweeping Trump win and an expected interest-rate cut paused,…
Business
US Fed’s rate cut brings ‘relief’ to Asian markets, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on Trump’s policies THE latest rate cut by the US Federal…
Business
Fed’s rate cut brings ‘relief’ to Asian markets with STI hitting 17-year high, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on the new president’s policies THE latest rate cut by the US…
Business
Fed’s implied message: Enjoy the rate cuts and market euphoria now, worry about tariffs and deficits later
Powell leaves door open to another cut in December, depending on the rate of inflation and if the labour market softens further THE US…
Business
Gold extends gains on Fed rate cut, but heads for weekly fall
GOLD prices inched higher on Friday (Nov 8), extending gains spurred by the US Federal Reserve’s widely anticipated quarter-point rate cut…
Business
Sweden central bank makes biggest rate cut since 2014
SWEDEN’S central bank made its biggest interest rate cut since 2014 on Thursday (Nov 7) and signalled more reductions were forthcoming to…
Business
Vietnam sets dong fix rate at record low amid US dollar strength
VIETNAM set its reference rate for the dong at a record low, setting the stage for more weakness in the South-east Asian nation’s currency…
Business
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownership THE news that Frasers…
Business
Recent US economic data points to a concerned Fed opening the door to series of rate cuts
BAD news is good news again. And the worse tidings that US Federal Reserve chairman Jerome Powell can bring about for US economic…
Business
Philippines inflation matches estimate, gives room for rate cuts
PHILIPPINE inflation quickened in October but within market expectations, giving the central bank room to sustain its easing cycle.…