Business
New Zealand holds key rate, sees policy staying accommodative
The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year New Zealand’s central bank held interest rates at…
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Miran says he’d love to stay at Federal Reserve, supports more rate cuts
RAL Reserve Governor Stephen Miran on Wednesday said he would be “very happy” to stay on at the central bank longer term if asked, but the…
Business
US stocks: Wall Street muted after strong jobs data nibbles at Fed rate cut bets
S&P 500 closed virtually unchanged on Wednesday as a stronger-than-expected employment report eased worries about the economy but also…
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PBOC’s key bank loan rate falls to record low bolstering growth
The decline in the borrowing cost is another example of the Chinese authorities’ drip-feed, low-key approach to revitalising a fragile…
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Australia’s central bank raises cash rate 25bps to 3.85%
Australia’s central bank on Tuesday raised its cash rate by 25 basis points to 3.85 per cent, the first hike in two years, saying the…
Business
BOJ summary suggests emerging urgency around timely rate hikes
A SUMMARY of opinions from the Bank of Japan’s (BOJ’s) January policy meeting indicated a growing awareness of the need to raise interest…
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Australia set for U-turn to rate hike in break from global trend
Australia’s central bank faces the uncomfortable prospect of going against the global grain and switching back to raising interest rates…
Business
Some in Bank of Japan saw need to watch weak-yen impact on prices in timing rate hike: December minutes
A few Bank of Japan board members said the central bank must be mindful of the impact a weak yen could have on underlying inflation in…
Business
Bank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordability Bank of America and Citigroup are exploring…
Business
SIA prices S$500 million 10-year notes at 2.7% fixed rate
Flag carrier Singapore Airlines (SIA) has priced S$500 million in 10-year notes at a fixed rate of 2.7 per cent per annum, with proceeds…
Business
BOJ seen holding rate as yen traders focus on intervention risk
The Bank of Japan is widely expected to keep its benchmark rate unchanged on Friday (Jan 23), offering little immediate support for the…
Business
BOJ to signal more rate hikes as yen, politics fuel inflation risks
The Bank of Japan is expected to raise its growth forecast on Friday (Jan 20) and signal its readiness to hike interest rates further, as…
Business
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a…
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Fed officials stress independence as rate hold signals mount
A slew of US Federal Reserve officials spoke to the importance of central bank independence on Wednesday (Jan 14) in response to questions…
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EXCLUSIVE: Madison Avenue Vacancy Rate Nears Historic Lows
Madison Avenue‘s vacancy rate has dropped down to 5.6 percent, nearing historically low pre-pandemic levels for the nation’s premier…
Business
US stocks: Wall Street falls with financials amid credit card rate plan
US stocks ended lower on Tuesday, led by a drop in financial shares as comments from JPMorgan executives added to worries about US…
Business
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting…
Business
Australia central banker says inflation rate still too high
An acceleration in inflation over the third quarter led the RBA board to warn in December A top Australian central banker said on Thursday…
Business
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
Gold and other precious metals rose on Thursday (Jan 8) after US private payroll data showed job openings fell to a 14-month low in…
Business
China’s central bank pledges to cut RRR, interest rate in 2026
The central bank will make flexible and efficient use of multiple monetary policy China’s central bank said on Tuesday (Jan 6) it will cut…
Business
BOJ debated need for more rate hikes even after December move, summary shows
The central bank has said underlying inflation must durably hit its target to justify further rate hikes Bank of Japan (BOJ) policymakers…
Business
Asian markets rally again as rate cut hopes bring Christmas cheer
EQUITIES extended a global rally on Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an…
Business
Australia central bank saw risk of rate rise in 2026 to contain inflation
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent Australia’s…
Business
Asia: Markets rally with Wall Street as rate hopes rise, AI fears ease
ASIAN markets rallied on Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while…