Business
Asia: Stocks struggle as traders eye Fed saga, trade war
Asian markets fluctuated on Thursday after a rollercoaster day on Wall Street punctuated by fears Donald Trump was considering sacking the…
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Fed
Business
US firms passing some cost hikes to consumers: Fed survey
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked…
Business
Senior Fed official says it will take until autumn to see tariffs’ inflation effect
AS Federal Reserve Bank President Lorie Logan said on Tuesday (Jul 15) that she expects it will take until the fall to understand the…
Business
US Fed officials say more needs to be done on financial inclusion
US Federal Reserve governor Michael Barr said on Tuesday (Jul 15) that banks and advocates have worked together to “deepen and widen…
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White House slams Powell over Fed finances, project cost overruns
THE White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official…
Business
STI up 0.4% on Thursday as investors stay positive despite tariff uncertainty, split Fed views
Across the broader market, gainers outnumber losers 324 to 175, with about 1.6 billion securities worth S$1.2 billion changing hands The…
Business
Nvidia Surge Powers Nasdaq to Record High as Fed Minutes Signal Rate Cuts
Nvidia briefly crossed the $4 trillion market valuation mark on Wednesday and closed at $3.97 trillion, up 1.8%. This surge helped push…
Business
Fed minutes show committee split around inflation worries
The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing…
Business
US Fed minutes show committee split around inflation worries
The emerging divide among US Federal Reserve officials over the outlook for interest rates is being driven largely by differing…
Business
Gold prices ease ahead of US data as investors weigh Fed rate stance
Gold prices edged lower on Wednesday (Jul 2) as investors awaited US payroll data and assessed Federal Reserve chair Jerome Powell’s…
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
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed up capital under a…
Business
Wall Street Today: Dow Drops, Nasdaq Rises as Investors Eye Fed Caution and Geopolitical Ease
The US markets took a breather on Wednesday, closing mixed after two days of strong gains. The Nasdaq gained 61 points, the S&P 500 was…
Business
Asia: Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Most stocks fell on Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after…
Business
Wall Street Surges Over 1% as Ceasefire Hopes Swell After Fed Signals
The U.S. stocks rose more than 1% on Tuesday, lifted by hopes of a ceasefire between Israel and Iran and clarity from Fed Chair Jerome…
Business
US Fed official says open to July interest rate cut
A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald…
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Trump Renews Threat to Fire Fed Chair Jerome Powell Over Interest Rate Dispute
U.S. President Donald Trump again raised the idea on Friday of firing Federal Reserve Chairman Jerome Powell, a target of his…
Business
Gold heads for weekly fall as fewer Fed rate cut prospects weigh
GOLD prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest…
Business
Globally diversified equities remain attractive amid yet another Fed pause: analysts
Analysts continue to favour globally diversified equities, as the US Federal Reserve kept interest rates unchanged on Wednesday (Jun 18).…
Business
Asia: Stocks drop after Fed warning, oil dips with Middle East in focus
Asian stocks fell on Thursday after the Federal Reserve warned Donald Trump’s trade war would likely reignite US inflation and dampen…
Business
Australia: Shares hit 2-week low as miners, gold stocks fall; Fed holds rate
RALIAN shares hit a two-week low in early trade on Thursday, weighed down by miners and gold stocks as the US Federal Reserve’s cautious…
Business
Europe: Shares fall as Middle East tensions weigh; eyes on Fed decision
EUROPEAN shares declined on Wednesday as investors awaited the Federal Reserve’s monetary policy decision, with ongoing tensions in the…
Business
US: Stocks flat after Fed decision as markets eye Iran
Wall Street stocks ended little changed on Wednesday after the Federal Reserve kept interest rates steady, while markets followed ongoing…
Business
Singapore shares dip ahead of Fed decision; STI down 0.3%
Stocks on the local bourse fell on Wednesday (Jun 18), tracking the mixed performance in other Asian markets, as investors awaited the US…