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…
Tag
bets
Business
Gold holds steady as rising US rate-cut bets offset dollar strength
Gold prices held steady on Tuesday (Nov 25) after rising nearly 2 per cent in the previous session, as increasing prospects of a US rate…
Business
Oil prices settle up 1% on bets Fed will cut US rates and doubts about Ukraine peace
Global brokerages remain split on whether the Fed will cut interest rates at its December meeting after last week’s mixed signals on job…
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
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
Foreigners buy most Philippine stocks in two years on BSP Bets
Global investors snapped up the most Philippine shares in more than two years on expectations the central bank will cut interest rates…
Business
Gold extends falls on firm US dollar, easing Fed rate-cut bets
Traders are currently pricing in a 43% probability of a quarter-point Fed rate cut next month, down from 50% in last week Gold fell for a…
Business
Tencent posts 15% revenue jump, sustaining growth without splashy AI bets
China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September [SHENZHEN, China] Tencent Holdings…
Unsorted
Ringgit rally driven by domestic strength and Fed cut bets, say analysts
The currency hits a 13-month high against the greenback, year-to-date peak versus Singdollar The Malaysian ringgit has rallied about 7 per…
Business
Gold rises on Fed rate cut bets, growth worries
GOLD prices rose on Monday, buoyed by expectations of another Federal Reserve interest rate cut in December and a slew of weak economic…
Business
Gold gains on softer dollar, increasing bets of Fed rate cut
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations…
Unsorted
Sunway Healthcare bets on senior-living demand with KL ramp-up, Johor expansion
The company’s managing director says there is a gap in Malaysia for integrated wellness solutions for seniors Sunway Healthcare Group is…
Unsorted
Toyota raises profit outlook, bets it can ride out tariffs
The world’s top-selling carmaker now expects operating profit of 3.4 trillion yen (S$28.9 billion) for the financial year to end-March…
Business
Gold falls on stronger US dollar as investors trim rate-cut bets
The US central bank cut interest rates on Wednesday by a quarter of a percentage point for the second time this year Gold prices slipped…
Business
Malaysia bets on mix of solar and gas as it shifts away from coal
The cost-per-unit for solar is actually much cheaper than gas and coal, says TNB CEO Megat Jalaluddin Malaysia will focus on a mix of…
Business
Indonesian bonds are top pick for Schroders on Purbaya, BI bets
Schroder Investment Management favours Indonesian bonds and the rupiah as its top picks in Asia, betting that government efforts to boost…
Business
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
Business
Nomura CEO seeks to tap more private market bets from Japanese
Nomura Holdings’ chief executive officer sees more scope to get business from Japanese investors who are looking to private markets as a…
Business
Newcomers shrug off China’s EV headwinds with bets on niche cars
Despite their optimism, it’s unclear how many of the newer entrants will survive the Asian nation’s cutthroat industry For all the talk of…
Business
Gold hovers near record high on safe-haven demand, US rate-cut bets
The shutdown has delayed key economic data releases, leaving investors and policymakers in a data vacuum ahead of the Federal Reserve’s…
Business
BHP bets on iron ore resilience despite China slowdown; Q1 output misses
BHP Group on Tuesday struck an upbeat note on global iron ore demand even as it warned of cooling growth in China, while first-quarter…
Business
Australian shares notch record closing high as jobless spike fuels rate-cut bets
Australian shares rose to a record close on Thursday (Oct 16), driven by strong gains in financials, property and gold stocks after an…
Business
Gold hits record high on Fed rate-cut bets, US-China trade woes
Investors are pricing in a near-certain chance of a 25-basis-point Fed rate cut in both October and December Gold rose to a fresh high…