Signals
Bank of England lowers rates after tight vote but signals caution about further cuts
[ad_1] Five MPC members vote to lower the benchmark rate for the fourth time in 2025 to 3.75%[LONDON] The Bank of England (BOE) cut interest rates on Thursday (Dec 18)...
ExxonMobil’s latest Singapore facility signals that innovation can continue amid global challenges: DPM Gan
[ad_1] The move comes even as the company is set to lay off 10 to 15% of its Singapore workforce by end-2027[SINGAPORE] A new facility set up by oil giant...
Musk signals plan to launch IPO for SpaceX
[ad_1] Recent US media reports state that SpaceX stands poised for a record-setting US$1.5 trillion IPOELON Musk has signalled plans to soon seek a public stock listing of SpaceX, confirming...
Divided US Fed lowers rates by 25 bps, signals pause and one 2026 cut as growth rebounds
[ad_1] The pace of price increases has risen steadily from 2.3 per cent in April, above the Fed’s 2 per cent inflation target [WASHINGTON] A sharply divided Federal Reserve cut interest rates...
Australia’s central bank holds rates steady, signals no rush to hike
[ad_1] The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending[SYDNEY] Australia’s central bank on Tuesday (Dec 9) left...
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
[ad_1] [NEW YORK] Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates...
Gold flat as investors await US data for rate-cut signals
[ad_1] US rate futures are pricing in an 89% chance of a rate cut in December, according to the CME’s FedWatch tool[BENGALURU] Gold prices were little changed on Wednesday (Dec...
Japan signals chance of currency intervention, yen rises
[ad_1] The currency is down around 6% since Prime Minister Sanae Takaichi was elected leader of her party[TOKYO] Japan sees currency intervention as a possibility in dealing with excessively volatile...
Ueda signals BOJ remains on rate hike path after PM meet
[ad_1] [TOKYO] Governor Kazuo Ueda told Prime Minister Sanae Takaichi that the Bank of Japan is in the process of slowly dialling back its easing support for the economy, signalling...
Judge signals hundreds of people detained in Chicago immigration crackdown could be released on bond
[ad_1] Hundreds of people who have been arrested and detained in the Chicago area during the Trump administration's immigration crackdown could soon be released on bond while they await immigration...