Bank of England cautious about risks from expected dip in inflation
Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an expected fall in inflation in April, and…
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Bank of England chief economist Huw Pill said on Friday (Feb 6) that there was a risk that the central bank draws too much comfort from an expected fall in inflation in April, and…
THE US dollar/Swiss franc (USD/CHF) FX pair is widely considered a safe-haven currency pair due to Switzerland’s neutral geopolitical stance and its low-risk financial system, in contrast…
More sectors could become attractive to investors next year as valuations are largely reset The expected rebound in the private-equity (PE) sector did not materialise in 2025, but…
Gold edged higher on Tuesday (Dec 9), even as investors pulled back slightly on US rate cut bets, reflecting caution that the US Federal Reserve could strike a more hawkish tone on next…
Both Straits Times Index (STI) and the iEdge Singapore Next 50 Index finished lower on Friday (Dec 5), as concerns on the US economy continued to weigh on local stocks. The STI,…
Decliners beat gainers 279 to 271 across the broader market, as 1.3 billion securities worth S$1.4 billion are transacted Singapore stocks finished slightly higher on Monday (Dec 1), as…
McDonald’s beat estimates for third-quarter global comparable sales on Wednesday (Nov 5) as affordable meal offers from the fast-food giant helped whet demand even as consumers remained…
Shares for Hoka and Ugg parent company Deckers Brands dropped over 8 percent in after-market trading on Thursday after the footwear maker posted yearly guidance below analysts’…
The cold, harsh realities of the Gaza war and the prospect of an ongoing conflict loomed over the Middle East Tuesday, just a day after the region rejoiced at the release of hostages and…
Producers from Asia and Europe discussed funding challenges and partnership obstacles at a panel at Busan’s Asian Contents & Film Market. The “Cinematic Connection: Secrets of Successful…
Policymakers also voted to reduce the pace at which the BOE is reducing its government bond holdings The Bank of England held interest rates at 4 per cent and left the prospect of more…
Cisco Systems, the largest maker of machines that run computer networks and the internet, gave a cautious forecast for the current fiscal year, even as sales from artificial intelligence…
Local shares closed lower on the first trading day of the week, tracking a mixed performance across Asian markets, as investors braced for geopolitical developments and key corporate…
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record, forecast-beating quarterly profit on Thursday (Jul…
Gold prices edged higher on Thursday (Jun 19), supported by safe-haven demand amid uncertainty in the Middle East, although gains were capped as traders assessed the US Federal Reserve’s…
Japan’s economy contracted in the first quarter, a revised estimate confirmed on Monday (Jun 9), weakness that supports the Bank of Japan’s (BOJ) cautious stance and keeps political…
Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on…
Markets are now pricing in at least 50 basis points of rate cuts this year, with the first one expected in October Gold prices rose on Thursday (May 22) as investors leaned…
US President Donald Trump moved on Tuesday to soften tariffs on automakers, sparking cautious optimism in an industry that has been on tenterhooks as it awaits details on the fast-evolving…
THE greenback held firm on Tuesday (Dec 17) ahead of an expected interest rate cut in the United States, as traders grow increasingly convinced the Federal Reserve will lower borrowing…
SINGAPORE stocks closed on Friday (Nov 29) in the black, as global markets appeared to take Donald Trump’s impending presidency with cautious optimism. The benchmark Straits Times Index…
ASIAN markets edged up slightly on Tuesday (Nov 5) as investors trod cautiously amid heightened volatility in anticipation of the US presidential election. Market sentiment was likely…
Rahul Chari, Co-Founder & CTO PhonePe 6 min read Last Updated : Oct 13 2024 | 11:37 PM IST PhonePe, the fintech giant backed by Walmart, in August announced it recorded an adjusted profit…
Illustration: Binay Sinha 3 min read Last Updated : Sep 25 2024 | 11:50 PM IST A majority of chief economists have shown a cautious optimism about the global economy with India's robust…