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Investors are closely awaiting Powell’s speech for signals on the central bank’s policy, alongside remarks from other Fed officials this week Gold prices climbed to a record high on…
President Donald Trump’s appointee to the Federal Reserve’s Board of Governors said Monday that the central bank’s key interest rate should be much lower than its current 4.1% level,…
GOLD surged to a record high on Monday (Sep 22), buoyed by investors’ heightened expectations of a dovish rate-cut path, ahead of remarks by multiple Federal Reserve officials and key…
Malaysians will soon pay less at the pump than before, after Prime Minister Anwar Ibrahim cut the price of RON95 petrol to RM1.99 (S$0.61) a litre from Sep 30 – just a few weeks before he…
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate cut, while chipmaker Intel climbed after Nvidia…
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…
Hong Kong’s central bank on Thursday (Sep 18) lowered its base interest rate by 25 basis points to 4.5 per cent, tracking a cut by the US Federal Reserve. It was the first easing by the…
The Finnish film industry has been lamenting proposed government cuts of 7 million euros ($8.26 million), set to come into effect on Jan. 1, 2026. “If this cut really is 7 million and if…
EQUITIES wavered in Asia on Thursday after the Federal Reserve lowered interest rates but left investors wondering how many more cuts were in the pipeline despite boss Jerome Powell…
The bank expects the US central bank to cut rates three times by the end of this year Deutsche Bank expects gold to average US$4,000 an ounce in 2026, as US Federal Reserve rate cuts and…
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 said that it would be ready to cut again if risks…
The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday and indicated it will steadily lower borrowing costs for the rest of this year, as policymakers…
Markets have also priced in reductions continuing deep into 2026 to ward off a recession A key question for investors this week is whether US Federal Reserve officials push back against…
Real estate investment trusts in Singapore (S-Reits) rebounded strongly in the third quarter to date, with the iEdge S-Reit index delivering total returns of 10.3 per cent since end-June,…
A California school district has dumped its hotly contested policy offering a "mental health accommodation" for girls seeking to avoid sharing locker rooms and restrooms with biological…
The push comes after the company, hit hard by the levy changes, briefly retracted from American market, pivoting instead to Europe and other parts of the world After months of turmoil from…
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak August employment data, scrapping what had become an…
Job cuts so far this year have already surpassed the total for 2024, as government cost-cutting, economic uncertainty and AI have prompted employers to reduce staff. California and the…
Bank Negara Malaysia left its benchmark interest rate unchanged at 2.75 per cent on Thursday (Sep 4), noting that the global economy is expanding but remains fragile. The decision to keep…
A federal judge in Boston on Wednesday ordered the reversal of the Trump administration's cuts to more than $2.6 billion in funding for research grants for Harvard University. Source link
Group is mulling a reduction in headcount by as many as 5,000 people as part of a wider restructure under chief executive officer Nuno Matos, according to a report by Capital…
Spirit Aviation Holdings’ second bankruptcy filing in a year signals that the low-cost carrier is finally facing up to the painful steps needed to ensure its survival. But its board faces…
Coping with a sudden loss in federal funding, PBS affiliate KSPS in Spokane, Washington, faced a surprise extra hurdle. Many of its contributing members - at one point almost half - lived…
FEDERAL Reserve Governor Christopher Waller on Thursday stepped up his call for cutting short-term US borrowing costs, saying he would support an interest-rate cut next month and further…
