Business
Fed on hold leaves Wall Street asking what it will take to cut interest rates
With US Federal Reserve officials signalling an extended hold on interest rates, investors and economists will look to chair Jerome Powell…
Tag
interest
Business
StanChart brings maximum interest rate on savings account to record 8.05%
While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an…
Business
Reit privatisation unsurprising amid higher-for-longer interest rates, but investment opportunities remain: SGX equities head
Real estate investment trusts (Reits) being taken private is unsurprising as the sector is facing some challenges, but investment…
Business
CPF Special, MediSave and Retirement Accounts’ interest rate remains at 4% for Q3 2025
The interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will remain at 4 per cent per…
Business
JPMorgan sees broad-based recovery, more interest in China
JPMorgan Chase is seeing a broad-based recovery in China and growing interest from foreign investors seeking to diversify, as the global…
Business
US Fed leaves interest rates unchanged, cites rising risk of higher inflation and unemployment
The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further…
Business
Hong Kong dollar interest rate falls most since 2008 after intervention
The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg…
Business
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President…
Business
Kohl’s Fires CEO Ashley Buchanan Citing Conflict of Interest
Scandal has hit the struggling Kohl’s Corp. On Thursday, the board of Kohl’s said it fired chief executive officer Ashley Buchanan for…
Business
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high…
Business
Maximize Business Savings: How to Get the Best Interest Rates on Deposits
As a business owner, you’re always looking for ways to grow your revenue, but what about optimizing the money you’ve already earned? While…
Business
Trump Blasts Federal Reserve Chairman Jerome Powell and Calls for Him to be Fired after Demanding Interest Rate Cuts to Boost Economy
Donald Trump intensified his longstanding conflict with Federal Reserve Chairman Jerome Powell as the President attacked him for not going…
Business
Malaysia central bank to look beyond interest rates amid tariffs
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
Malaysia central bank to look beyond interest rates amid tariff challenges
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
UOB cuts interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
Business
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of…
Business
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI)…
Business
Couche-Tard sees strong interest in US stores for Seven & I deal
[MONTREAL, TOKYO] Private equity firms are showing strong interest in buying about 2,000 North American convenience stores that could be…
Business
China's M&A deals to rise from decade-low as DeepSeek, AI spur interest, experts say
Mergers and acquisitions (M&A) in China's capital market are projected to rebound this year from a 10-year low as the sudden rise of…
Business
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an…
Business
‘Significant’ investor interest in South-east Asia’s wellness real estate sector amid global boom: CLI
INVESTOR interest in wellness real estate is steadily on the rise and South-east Asia offers significant opportunities within its health…
Business
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech…
News
Tom Brady says he enjoys being tested by new broadcasting and Raiders co-ownership roles
Tom Brady is widely acknowledged as the greatest quarterback of all time. His knack for performing in the clutch and winning Super Bowls…
Business
ECB policymakers line up behind further interest rate cuts - The Business Times
EUROPEAN Central Bank policymakers lined up behind further interest rate cuts on Wednesday (Jan 22), indicating that next week’s reduction…