Business
Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk
Oil prices hovered at two-week highs on Monday (Dec 8) as investors expect a likely US Federal Reserve interest rate cut this week to lift…
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Business
Asian stocks stagger as traders prepare for expected US rate cut
Asian equities drifted on Monday (Dec 8) as investors gear up for an expected US interest rate cut this week, with debate centring on the…
Business
BOJ likely to hike rate this month
Bank of Japan officials are ready to raise interest rates at a policy meeting later this month, provided there’s no major shock to the…
Business
India central bank cuts repo rate by 25 basis points, boosts liquidity
The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday (Dec 5), in line with a consensus view, as record low…
Business
India central bank cuts key rate, boosts liquidity to support ‘goldilocks’ economy
The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday (Dec 5) and left the door open for further easing as it…
Business
Asian markets mixed ahead of US data, expected Fed rate cut
Focus is now on the release later Friday of the personal consumption expenditures index Asian markets struggled into the weekend on Friday…
Business
Oil settles up on expectations of Fed rate cut, Ukraine peace talks stalling
US crude futures briefly rose more than US$1 a barrel earlier in the session as global shares rose Oil prices settled up on Thursday (Dec…
Business
Wall Street opens higher as investors mull Fed rate cuts
Wall Street’s main indexes opened slightly higher on Thursday (Dec 4) as investors parsed a fresh batch of labour market data to gauge the…
Business
Indexes close higher as data keeps Fed rate cut expectations elevated
US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut…
Business
How banks handle interest rate swings may soon be clearer to investors
Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model The International…
Business
Philippines' slow growth raises chance of December rate cut, says central bank chief
Data last month showed annual growth slowed to a four-year low of 4.0% in the third quarter A slower growth outlook for the Philippines…
Business
Equities climb on Fed rate cut optimism, Boeing surges
US stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday (Dec 2), buoyed by gains in technology…
Business
Asian markets rise as US rate cut bets temper Japan bond unease
Stocks rose on Tuesday (Dec 2) following the previous day’s stutter as more weak US data helped solidify US interest rate cut optimism and…
Business
UOB prices £750 million floating rate covered bonds due 2029
UOB announced on Tuesday (Dec 2) that it has priced £750 million (S$1.3 billion) floating rate covered bonds due June 2029. The issue date…
Business
Bank of Japan to weigh ‘pros and cons’ of rate hike in December, governor Ueda says
The Bank of Japan (BOJ) will consider the “pros and cons” of raising interest rates at its next policy meeting, governor Kazuo Ueda said…
Business
Bank Indonesia seeks rate cuts while balancing stability, growth
Tariff worries have made the rupiah South-east Asia’s worst-performing currency this year Bank Indonesia (BI) will strike a balance…
Business
European shares clock monthly gains on Fed rate cut hopes
Next week, investors expect some focus on Russia-Ukraine peace talks. European shares ended higher on Friday (Nov 28), capping a strong…
Business
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation Australia’s…
Business
Asian stocks track latest Wall Street rally as rate bets rise
ASIAN markets rose again on Thursday to extend the week’s global rally as traders ramp up bets on a third successive US interest rate cut…
Business
US: Wall Street extends rally on growing bets for December Fed rate cut
Wall Street gained ground on Wednesday as revived tech strength and the growing probability of a December interest rate cut from the US…
Business
Asian stocks extend global rally as data boost rate cut hopes
ASIA extended a global equities rally on Wednesday after another round of tepid US data reinforced expectations that the Federal Reserve…
Business
Gold drifts higher on US rate cut expectations
Markets are pricing in an 84% chance of a Fed rate cut next month, compared to 50% last week, according to CME Group data Gold prices…
Business
New Zealand central bank cuts cash rate by 25 bps to 2.25%
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25 per cent on Wednesday, its lowest level since…
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…