Business
US: Wall Street extends rally on growing bets for December Fed rate cut
Wall Street gained ground on Wednesday as revived tech strength and the growing probability of a December interest rate cut from the US…
Tag
Rate
Business
Asian stocks extend global rally as data boost rate cut hopes
ASIA extended a global equities rally on Wednesday after another round of tepid US data reinforced expectations that the Federal Reserve…
Business
Gold drifts higher on US rate cut expectations
Markets are pricing in an 84% chance of a Fed rate cut next month, compared to 50% last week, according to CME Group data Gold prices…
Business
New Zealand central bank cuts cash rate by 25 bps to 2.25%
Policymakers signal likely end to easing cycle as economy shows early signs of picking up New Zealand’s central bank cut its benchmark…
Business
US: Wall Street ends higher as Federal Reserve rate cut bets gather momentum
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the US Federal Reserve to implement…
Business
Europe: Shares jump on Ukraine peace prospects, US rate cut hopes
EUROPEAN shares extended gains on Tuesday, led by materials and financial stocks, as investors continued to draw optimism from prospects…
Business
Philippines mulls rate cut to spur demand after scandal hit
The Philippine central bank will consider another reduction in the benchmark interest rate next month to help spur demand, its top…
Business
Rate hikes drive Japan regional banks towards mergers to survive
The lenders are facing increased competition for deposits as an inexpensive funding source with interest rates rising, and new rivals such…
Business
US: Wall Street ends higher on tech rebound, rising rate cut bets
Wall Street stocks closed higher on Monday (Nov 24), extending on Friday’s rally as increased odds that the US Federal Reserve will lower…
Business
Asia: Stocks rise as US rate hopes soothe nerves after torrid week
ASIAN markets mostly rose on Monday as fresh hopes for a US interest rate cut provided some calm after last week’s rollercoaster ride…
Business
Investors eye holiday season turbulence amid AI and rate cut doubts
A crucial uncertainty set to dog markets in coming days is whether the Fed will cut rates at its Dec 9 to Dec 10 meeting Stock market…
Business
Thai central bank sees room for rate cut, wants a weaker baht
THAILAND’S newly-appointed central bank governor says the baht should be weaker to reflect economic fundamentals, and there is room to…
Business
US stocks jump on Fed rate cut bets but lose ground on the week
Wall Street stocks closed sharply higher on Friday (Nov 21) as rising expectations of a December interest rate cut by the Federal Reserve…
Business
US: Wall St opens higher as December rate cut bets strengthen
Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in…
Business
Stock market today: AI bubble fears, rate cut probability whipsaw ‘Mag 7’ tech giants. Here’s the latest
Thursday, November 20, ended up being a bit of a whirlwind for tech investors. The day started off on a positive note, with Nvidia’s…
Business
Bank of Japan drops fresh hints of near-term rate hike as yen slides
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19 The Bank of Japan (BOJ) will…
Business
Asia: Stocks rally as bumber Nvidia report offsets Fed rate concern
ASIAN markets rallied on Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a…
Business
Malaysian ringgit, Thai baht set to benefit from rate cuts in 2026: DBS report
Countries have also bypassed US to trade with one another in view of tariff risks DBS analysts are upbeat about the region’s prospects for…
Business
Many US Fed members were inclined against December interest rate cut: minutes
Fed Chair Jerome Powell said last month that a further reduction in December was “not a foregone conclusion” MANY US Federal Reserve…
Business
UK inflation rate falls to 3.6% in year to October
Lucy HookerBusiness reporter The UK inflation rate fell to 3.6% in the year to October, but food prices rose again following a dip in…
Business
Bank Indonesia policy juggle makes rate moves harder to predict
The central bank has spurned market expectations at half of its 10 policy meetings so far this year Bank Indonesia’s (BI) balancing act…
Business
Ueda signals BOJ remains on rate hike path after PM meet
Governor Kazuo Ueda told Prime Minister Sanae Takaichi that the Bank of Japan is in the process of slowly dialling back its easing support…
Business
US Fed official backs further rate cut due to weak job market
A KEY Federal Reserve official said Monday that he supports a third consecutive interest rate cut by the US central bank in December, as…
Business
Europe: Shares fall as US rate cut expectations wane; UK fiscal worries resurface
EUROPEAN shares fell on Friday (Nov 14), as hawkish commentary from US policymakers dampened expectations of an imminent interest rate…