Business
Australian dollar climbs on US shutdown hopes, hits 12-year high on kiwi
The Australian dollar climbed on Monday amid hopes that the US government shutdown may end, while still hawkish commentary from a top…
Tag
hopes
Business
Asia: Markets boosted by hopes for deal to end US shutdown
EQUITIES rallied on Monday on hopes that the US government shutdown could be nearing an end after reports said lawmakers had reached a…
Business
Vietnam equity outflows ease on currency rebound, growth hopes
Foreign outflows from Vietnam stocks are easing, helped by renewed strength in the country’s currency and lower valuations. Global funds…
Business
Nvidia shares soar as Trump fuels hopes of China Blackwell sales
The tech company’s shares extended gains to 8.5% in Asian trading on the alternative platform Blue Ocean NVIDIA’S shares extended their…
Business
US: Wall Street opens at record highs on US-China trade hopes
WALL Street’s main indexes opened at record highs on Monday (Oct 27), as expectations of a US-China trade truce fuelled risk-taking in a…
Business
Gold dips on stronger dollar, US-China trade deal hopes
The US Federal Reserve is widely expected to cut interest rates by a quarter percentage point at its meeting on Wednesday Gold prices fell…
Business
Europe: Shares close at record high on US data, trade hopes
European shares closed at a record high on Friday (Oct 24), boosted by cooler than expected US inflation data and hopes of an easing in…
Fashion
Prada sales rise, boosting hopes of luxury sector recovery
Net sales rose to 4.07 billion euros (S$6.13 billion), a 6.3% increase year-on-year Prada sales rose in the first nine months of year as…
Business
EU negotiator hopes for Russian gas import ban by year's end
European Union energy ministers on Monday backed a proposal to ban imports of gas from Russia, boosting the bloc's efforts to further cut…
Business
Asia: Stocks rise as traders weigh China-US row, rate cut hopes
ASIAN equities edged up on Thursday as investors weighed the latest volleys in the China-US trade war and expectations that the Federal…
Business
Asia: Markets rally as Fed cut hopes Trump trade war fears
STOCKS jumped on Wednesday as trade war fears were overshadowed by comments from Federal Reserve boss Jerome Powell that suggested the…
Business
US: Wall St opens higher as rate-cut hopes drive momentum
Wall Street’s main indexes opened higher on Friday (Oct 3) as optimism about an imminent interest-rate cut by the Federal Reserve boosted…
Business
Gold poised for seventh weekly rise on Fed rate-cut hopes
Gold held steady on Friday (Oct 3) and was set for a seventh straight weekly gain, buoyed by expectations of further US interest rate cuts…
Business
Europe: Stocks close at record high on tech rally, hopes for Fed rate cut
Investors are also watching any developments related to the US government shutdown European shares closed at a record high for a second…
Business
US: S&P 500, Nasdaq hit intraday record highs as rate-cut hopes Trump shutdown jitters
The S&P 500 and the Nasdaq hit intraday record highs at market open on Thursday (Oct 2), on the back of renewed expectations for interest…
Business
Asia: Markets surge on US rate hopes, tech fired by chip deal
Tech companies have been at the forefront of a surge across markets this year as investors pile into all things linked to artificial…
Business
US: Wall Street opens lower as investors reassess rate-cut hopes
Wall Street’s main indexes opened lower on Thursday (Sep 25), as fresh economic data and remarks from a Federal Reserve official tempered…
Business
Gold set for fourth weekly rise as US data lifts rate-cut hopes
Gold prices rose on Friday (Sep 12) and were headed for a fourth consecutive weekly gain, as fears of a weakening US labour market…
Business
US: Major indexes notch fresh records on rate cut hopes
Wall Street’s major indexes hit fresh records on Thursday as US inflation and jobless claims data added to conviction that the Federal…
Business
Asian markets enjoy record day as new US jobs data fans rate cut hopes
Asian markets extended gains on Wednesday (Sep 10), with Tokyo and Seoul emulating a record day on Wall Street as fresh data pointing to a…
Business
Asia: Markets rally as new US jobs data fans rate cut hopes
ASIAN markets extended gains on Wednesday following a record day across Wall Street as fresh data pointing to a weakening US jobs market…
Business
Asia: Most markets rise on US rate hopes, Tokyo hits record
ASIAN markets mostly rose on Tuesday fuelled by optimism the Federal Reserve will slash interest rates this year, with gains led by a…
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…