Business
BOE holds rates at 4%, keeps cautious stance on future cuts
Policymakers also voted to reduce the pace at which the BOE is reducing its government bond holdings The Bank of England held interest…
Tag
Rates
Business
Bank of Japan may raise rates in October even if Takaichi wins leadership race, says ex-central bank official
The Bank of Japan could raise interest rates in October even if Sanae Takaichi, a proponent of aggressive monetary easing, wins the ruling…
Business
Asia: Markets fluctuate after Fed cuts interest rates
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were…
Business
Big US banks lower prime lending rates after Fed rate cut
MAJOR US lenders lowered a key interest rate on Wednesday, providing US consumers a reprieve on borrowing costs, after the Federal Reserve…
Business
Bank of Canada cuts rates to 2.5%, says ready to cut again if risks rise
The Bank of Canada reduced its key policy rate to a three-year low of 2.5 per cent on Wednesday (Sep 17), the first cut in six months, and…
Business
ECB holds rates unchanged, offers no clues about next move
The ECB halved its key rate to 2% in the year to June but has been on hold ever since The European Central Bank left interest rates…
Business
Veteran banker sees Malaysia’s BNM keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
Business
Veteran banker sees Bank Negara keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
Business
ECB set to hold rates steady with eye on France crisis
The European Central bank (ECB) is expected to hold interest rates steady again this week with inflation under control and US tariff…
Business
BOJ should keep raising interest rates, Deputy Governor Himino says
[KUSHIRO, Japan] Bank of Japan Deputy Governor Ryozo Himino said on Tuesday it would be appropriate to continue raising interest rates in…
Business
South Korea keeps rates unchanged as debt risks grow
South Korea’s central bank held policy interest rates steady for a second straight review on Thursday, amid concerns about financial…
Business
Russians hoard record US$500 billion in banks lured by high rates
Russian households have amassed a record amount of bank deposits as they take advantage of historically high interest rates for savings…
Business
SIA to raise KrisFlyer redemption rates from Nov 1, adds new miles flight booking option
While certain economy class routes will have a reduction in rates, most cabin classes and routes will have increases ranging from 5% to…
Business
China leaves benchmark lending rates unchanged in August, matching forecast
China kept benchmark lending rates in August unchanged for the third consecutive month on Wednesday (Aug 20), in line with market…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi dollar tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
New Zealand central bank cuts rates to three-year low, flags more easing; kiwi tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
Business
Thailand’s central bank cuts rates to lowest in two years to support growth
Thailand’s central bank lowered its policy rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months, to support a…
Business
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
Business
Australia’s central bank cuts rates to two-year low of 3.6%
Australia’s central bank on Tuesday cut its main cash rate by a quarter point to a two-year low of 3.60 per cent, citing a slowdown in…
Business
RBA cuts interest rates, signals more to come as inflation slows
Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be…
Business
Bank of England cuts rates to 4% after narrow 5-4 vote
The Bank of England (BOE) cut interest rates on Thursday (Aug 7) but four of its nine policymakers – worried about high inflation – sought…
Business
DBS looks to volume growth to mitigate falling interest rates; stock soars to record high
DBS expects deposits volume growth will continue to support net interest income for 2025, even as its net interest margin (NIM) declines…
Business
DBS looks to volume growth to mitigate falling interest rates; stock soars to record high, hits S$50 mark
Shares of DBS soared to a record high on Thursday (Aug 7) – briefly hitting a milestone S$50 mark – as South-east Asia’s biggest lender…
Business
Citigroup reshuffles rates business with a heightened focus on Japan
Citigroup is reorganising its regional rates businesses in a move that includes a sharper focus on the non-linear market in Japan. Thomas…