Business
Singapore stocks climb on weak US jobs data, rate-cut expectations; STI up 0.2%
Stocks on the Singapore Exchange (SGX) rebounded on Thursday (Sep 4), tracking a mixed performance in Asian markets amid weak US jobs data…
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ratecut
Business
Gold holds firm near record high on US rate-cut expectations
Gold held steady on Thursday (Sep 4), hovering near all-time high hit in the previous session, buoyed by global uncertainties and…
Business
Federal Reserve officials, worried about jobs, muse on rate-cut prospects
SEVERAL Federal Reserve officials who spoke on Wednesday said labour market worries continue to animate their belief that rate cuts still…
Business
Gold extends record run as US rate-cut bets lift appeal
Gold prices extended their record run on Wednesday (Sep 3), holding firm above the key US$3,500 level, driven by growing investor…
Business
Gold hovers near record high on US rate-cut hopes, soft dollar
Gold prices climbed to a more than four-month high on Tuesday (Sep 2), inching closer to the all-time high touched in April, supported by…
Business
Gold hits record high as US rate-cut hopes, softer dollar boost appeal
Gold prices climbed to an all-time high on Tuesday (Sep 2), extending gains to a sixth session on the back of a weaker US dollar and…
Business
Gold climbs to more than four-month high on US rate-cut bets
Gold prices rose to a more than four-month high on Monday (Sep 1), as increased expectations of a US Federal Reserve interest rate cut…
Business
Gold poised for monthly gain on soft dollar, US rate-cut hopes
GOLD prices were on track for a monthly rise on Friday after striking a more than one-month peak in the previous session, supported by an…
Business
US: Dow hits record high at open on rate-cut optimism, UnitedHealth boost
The blue-chip Dow opened at a record high on Friday (Aug 15), as UnitedHealth’s shares jumped after Berkshire Hathaway raised its stake in…
Business
Gold extends rise as Fed rate-cut bets pressure dollar
Gold rose for a third straight session on Thursday (Aug 14), helped by a weaker US dollar and lower Treasury yields as traders raised bets…
Business
Gold firms as soft US data pressures dollar, fuels rate-cut bets
Gold prices inched higher on Wednesday (Aug 13), supported by a weaker US dollar after tame US inflation data cemented bets for an…
Business
India’s cooling inflation prompts rate-cut calls
A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more…
Business
Thailand to pick rate-cut advocate Vitai Ratanakorn as central bank chief
Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, sources familiar said, selecting an…
Business
Gold rises on weaker US dollar as markets await Fed rate-cut clues
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to…
Business
Singapore shares rise on US rate-cut hopes, softer T-bill yields; STI up 0.4%
UOB economist, reacting to the sluggish retail sales print, expects retail sales to stay tepid this year Local shares rose on Thursday…
Business
Asia: Most markets rise as US data feeds rate-cut hopes
Asian shares mostly rose on Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and…
Business
Investors still harbour hope of Fed’s Powell giving a rate-cut the thumbs up
THE S&P 500 plunged into a bear market in April, then staged an epic recovery, and now the US Federal Reserve will reveal which was the…
Business
Thai bonds see rush of inflows on rate-cut bets, gold prices
Thailand’s bond market is on course for its best monthly inflows in more than three years, helped by interest-rate-cut bets and a stronger…
Business
Japanese investors boost foreign stock purchases on Fed rate-cut hopes
JAPANESE investors raised their holdings in foreign stocks, driven by a benign US core inflation report that fuelled expectations of…
Business
Gold rises for fifth day as US data lifts Fed rate-cut bets
GOLD nudged higher for a fifth straight session on Thursday (Dec 12) to hover near a more than two-week peak, supported by increased…
Business
Singapore stocks rise amid Fed rate-cut hopes; STI up 0.4%
SINGAPORE shares reversed earlier losses to close in the green on Thursday (Dec 12), with Asia-Pacific markets mostly in positive…
Business
US: Wall St opens higher after inflation data solidifies rate-cut bets
Wall Street’s main indexes opened higher on Wednesday (Dec 11) after an in-line inflation reading kept intact bets on the Federal Reserve…
Business
Gold edges higher as US rate-cut bets support bullion
GOLD prices edged higher on Tuesday (Dec 3), supported by growing expectations of a US interest rate cut this month, as focus shifted to…
Business
Greenback notches weekly gain as traders reassess rate-cut expectations
THE US dollar was set for its biggest weekly gain in over a month on Friday (Nov 15), as markets reassessed expectations of future…