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Asia: Markets mostly up as producer price data stokes rate cut bets
ASIAN equities mostly rose on Thursday as investors built on this week’s rally after US data ramped up expectations for a string of…
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Culture
Asian markets enjoy record day as new US jobs data fans rate cut hopes
Asian markets extended gains on Wednesday (Sep 10), with Tokyo and Seoul emulating a record day on Wall Street as fresh data pointing to a…
Culture
Asia: Markets rally as new US jobs data fans rate cut hopes
ASIAN markets extended gains on Wednesday following a record day across Wall Street as fresh data pointing to a weakening US jobs market…
Culture
US: Wall St opens higher as Fed rate cut expectations firm
Wall Street’s main indexes opened higher on Monday (Sep 8), rebounding from the previous session’s decline, amid hopes that the Federal…
Culture
Singapore stocks end flat amid regional rally amid US rate cut expectations
Local stocks ended flat on Monday (Sep 8) while Asian markets rallied amid expectations that the US will cut rates in September, given a…
Culture
Bank of America sees two US Fed rate cuts this year vs none before
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak…
Culture
Singapore stocks rally as investors price in September Fed rate cut; STI up 0.2%
The local bourse logged gains for a second straight day on Friday (Sep 5), closing higher alongside regional markets amid expectations…
Culture
Malaysia's central bank holds key rate at 2.75%
Malaysia’s central bank held its benchmark interest rate steady at a review on Thursday (Sep 4), as widely expected by economists, amid…
Culture
Malaysia’s central bank pauses rate cuts, signals confidence in economic outlook
Bank Negara Malaysia left its benchmark interest rate unchanged at 2.75 per cent on Thursday (Sep 4), noting that the global economy is…
Culture
Thai bonds defy global drop as political crisis fuels rate bets
Thailand’s deepening political crisis is insulating its bonds from the global rout, as growing expectations of further interest-rate cuts…
Culture
Federal Reserve’s Waller sees rate cuts over next 3-6 months, starting in September
FEDERAL Reserve Governor Christopher Waller on Thursday stepped up his call for cutting short-term US borrowing costs, saying he would…
Culture
Bank of Korea holds for now, lays ground for rate cut after Fed
The Bank of Korea (BOK) paved the way for a possible interest rate cut after an expected move by the Federal Reserve next month, while…
Culture
Hong Kong’s key rate climbs above 3% to pose risks for economy
If the gauge sustains above that level, it could have a negative impact on the economy Liquidity conditions in Hong Kong resumed…
Culture
Barclays, BNP pivot to September Fed rate cut on Powell’s labour warning
Barclays and BNP Paribas expect the US Federal Reserve to make a 25-basis-point interest rate cut in September, according to notes dated…
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Having This Haircare Brand in Your Shower Is the Ultimate Status Symbol—7 Products I Use and Rate
When it comes to the best haircare, most notably the best shampoos, conditioners, hair oils and hair masks, you'll always find me…
Culture
US Fed’s Alberto Musalem says more data is needed to decide whether a September rate cut is warranted
St Louis Fed president Alberto Musalem said on Friday (Aug 22) that he will need more data before deciding to support a rate cut at the…
Culture
US: Dow hits fresh record after Fed chair signals possible rate cut
Wall Street rallied on Friday (Aug 22) after US Federal Reserve chair Jerome Powell opened the door to lowering interest rates – with the…
Culture
Europe: Shares close at five-month highs after Powell hints at September rate cut
European shares closed at their highest level in more than five months on Friday (Aug 22) after US Federal Reserve chair Jerome Powell…
Culture
Fed officials lukewarm on September rate cut as markets await Powell speech
Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for…
Culture
Singapore shares rise as market eagerly awaits signals of interest rate cuts; STI up 0.3%
Singapore shares rose on Thursday (Aug 21), as the market awaits for hints from US Federal Reserve chairman Jerome Powell about the future…
Culture
PBOC signals no urgency for rate cuts despite poor economic news
China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even…
Culture
Gold poised for weekly fall as bets fade for big Fed rate cut
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a…
Culture
Oil prices climb 2% to one-week high as Fed rate cut, Trump-Putin talks loom
Oil prices climbed about 2 per cent to a one-week high on Thursday after US President Donald Trump warned of “severe consequences” if his…
Culture
US: S&P 500, Nasdaq hit record highs at open on September rate cut hopes
Wall Street’s main indexes opened higher on Wednesday (Aug 13) with the benchmark S&P 500 and the Nasdaq hitting record highs, underpinned…