Business
Ringgit rises to 13-month high on fading rate-cut view, growth outlook
THE Malaysian ringgit gained to the strongest in more than a year on fading expectations for a central bank interest-rate cut and by…
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ratecut
Business
Gold edges lower as US jobs data dents rate-cut expectations
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Gold dipped on Thursday (Nov 6) after…
Business
Gold holds under US$4,000 on dollar resilience, Fed rate-cut outlook
Bullion hit a record high of US$4,381.21 on Oct 20, but have fallen close to 10% since Gold traded below the US$4,000 per ounce mark again…
Business
Gold falls on stronger US dollar as investors trim rate-cut bets
The US central bank cut interest rates on Wednesday by a quarter of a percentage point for the second time this year Gold prices slipped…
Business
Indonesian bonds seen extending rally on rate-cut expectations
Indonesian bonds have room to rally further, according to strategists, on expectations of further interest-rate cuts by the central bank.…
Business
New Zealand central bank says rate-cut impacts on domestic economy are as expected
New Zealand‘s central bank said on Wednesday that its recent aggressive interest-rate cuts to stimulate a slowing economy at home have…
Business
Gold hovers near record high on safe-haven demand, US rate-cut bets
The shutdown has delayed key economic data releases, leaving investors and policymakers in a data vacuum ahead of the Federal Reserve’s…
Business
Australian shares notch record closing high as jobless spike fuels rate-cut bets
Australian shares rose to a record close on Thursday (Oct 16), driven by strong gains in financials, property and gold stocks after an…
Business
Gold hits record high on Fed rate-cut bets, US-China trade woes
Investors are pricing in a near-certain chance of a 25-basis-point Fed rate cut in both October and December Gold rose to a fresh high…
Business
Gold notches fresh high on safe-haven demand, Fed rate-cut bets
Non-yielding gold thrives in a low-interest-rate environment and during economic uncertainties Gold prices rose to an all-time high on…
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
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
Underpinned by rate-cut optimism, STI, DBS break records
Benchmark index closes up 1.7% at 4,395.21 points; lender advances 2.4% to S$52.84 The blue-chip gauge of the Republic, the Straits Times…
Business
Gold hits record high on US shutdown risks, rate-cut bets
Gold hit a record high on Wednesday (Oct 1) as investors turned to safe-haven assets on growing risks of a US government shutdown, while…
Business
Gold races past US$3,800/oz level as softer dollar, rate-cut bets lift appeal
GOLD surged above the key US$3,800-per-ounce level for the first time ever on Monday, supported by a weaker dollar and growing…
Business
US: Wall Street opens higher after inflation data calms rate-cut jitters
Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing…
Business
US: Wall Street indexes fall as data raises uncertainty for rate-cut outlook
US stocks were lower on Thursday, with most sectors down, as economic data increased uncertainty about the outlook for interest rate cuts.…
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
Fed’s rate-cut plans pre-empt a recession, rather than reacting to one
The Federal Reserve’s latest move is a shift from the hold-steady, wait-and-see approach to an aggressive defence of the US labour market…
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: S&P 500, Nasdaq hit record highs on boosted rate-cut bets
The S&P 500 and the Nasdaq hit intraday record highs at the open on Wednesday (Sep 10), after cooler-than-expected producer inflation data…
Business
Gold prices trade above US$3,600 on Fed rate-cut bets
Investors are now awaiting US producer price data on Wednesday and consumer prices on Thursday for further clues on the Fed’s policy path…
Business
Indonesia bonds set to extend edge over India on rate-cut bets
Investors are favouring Indonesian sovereign debt over Indian bonds in the contest between Asia’s two traditional high-yield markets.…