Business
Gold gains on softer dollar, increasing bets of Fed rate cut
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations…
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Rate
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Genting Singapore Q3 net profit rises 19% to S$94.6 million amid higher VIP volume, win rate
Genting Singapore posted a 19 per cent year-on-year increase in net profit to S$94.6 million for the third quarter ended Sep 30, with…
Business
Malaysia's central bank holds key rate at 2.75%, as expected
Malaysia’s central bank held its benchmark interest rate steady at its final policy review of the year on Thursday (Nov 6), as expected by…
Business
Malaysia holds key rate as economy proves resilient to tariffs
MALAYSIA kept interest rates unchanged as the central bank remained confident that the economy can weather US tariffs without the rate…
Business
RBA keeps key rate unchanged over renewed inflation worries
Australia’s central bank held its key interest rate steady in a widely anticipated decision, warning of stronger inflationary pressures in…
Business
Asia: Markets swing as trades eye tech rally, US rate outlook
ASIAN markets fluctuated on Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the…
Business
Malaysian ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependent economy has been buoyed by signs that global demand is picking up Malaysia’s ringgit is hovering near its…
Business
Ringgit nears one-year high on rate outlook, growth optimism
The country’s trade-dependant economy has been buoyed by signs that global demand is picking up Malaysia’s ringgit is hovering near its…
Business
Indonesia central bank chief sees room for another rate cut
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend…
Business
Gold rises on bargain hunting and US rate cut, set for monthly gain
Traders have scaled back bets that the Fed will cut rates again at its next policy meeting on Dec 10 after remarks from Fed chair Jerome…
Business
US: Wall Street indexes fall as Meta, Microsoft drag, along with Fed rate concerns
WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft…
Business
Europe: Shares fall as rate uncertainty, earnings sour sentiment
EUROPEAN shares logged their third session of declines on Thursday as uncertainty over the future moves of central banks grew, while…
Business
Amazon reports cloud unit grew at fastest rate since 2022
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and…
Business
Asian markets to expect short-term pressure from Fed rate cut: analysts
Asia markets are likely to face short-term pressure from the US Federal Reserve’s latest interest rate cuts, but expectations are already…
Business
Nomura expects no more Fed rate cuts in 2025 after October easing
NOMURA said it now expects the US Federal Reserve to keep interest rates unchanged at its December policy meeting, following the central…
Business
Gold ticks up on US dollar retreat, Fed rate cut
Focus now shifts to US President Trump’s meeting with Chinese leader Xi Jinping in South Korea later in the day Gold prices edged higher…
Business
Hong Kong central bank cuts interest rate, tracking Fed move
Hong Kong’s de-facto central bank on Thursday lowered its base interest rate by 25 basis points to 4.25 per cent, tracking a cut by the US…
Business
US: Dow ends down, S&P 500 flat as Powell says December rate cut far from assured
The Dow ended lower and the S&P 500 finished flat on Wednesday after the Federal Reserve cut interest rates but Fed Chair Jerome Powell…
Business
Wee Hur prices S$175 million fixed rate notes due 2030 at 4.8%
Property developer Wee Hur on Tuesday (Oct 28) launched and priced its inaugural offering of S$175 million worth of fixed rate notes due…
Business
Only 18% of investors rate SGX listcos’ disclosures as ‘very transparent’ despite quarterly engagements: study
Research by Stewardship Asia Centre also highlights a disconnect between investors and corporates on key priorities Transparency has…
Business
Philippine peso falls to new record low on rate view, outflow
The Philippine peso fell past the key psychological level of 59 per US dollar to an all-time low, putting pressure on the central bank to…
Business
Philippine peso falls to record low on rate view, outflow
The Philippine peso fell past the key psychological level of 59 per US dollar to an all-time low, putting pressure on the central bank to…
Business
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
Business
US Fed to trim rates twice more this year; 2026 rate path very unclear
The new forecast follows a recent shift in expectations by Fed policymakers toward additional reductions The Federal Reserve will lower…