Bank of Korea warns of housing, debt risks as easing continues
Persistent housing price gains, particularly in the Seoul metropolitan area, could accelerate debt accumulation in South Korea and pose risks to financial stability, threatening a…
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Persistent housing price gains, particularly in the Seoul metropolitan area, could accelerate debt accumulation in South Korea and pose risks to financial stability, threatening a…
Used car prices ticked down slightly last month in spite of uncertainty around tariffs, but buying a new old whip still costs more than it used to. In April, the average cost for a used…
New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade barriers dim the economic outlook. The Reserve Bank…
A US Supreme Court ruling on Thursday in a legal battle over President Donald Trump’s firing of two federal labour board members contained a line that eased, for now, worries that the…
European shares surged on Friday (May 2), capping off a week filled with earnings across the continent, as signs of a potential de-escalation of trade tensions between the US and China and…
The stock market recorded a weekly gain, as investors latch on to any signs of easing trade tensions. The S&P 500, which was roughly flat in early trading on Friday before rising 0.7…
Stocks on the Singapore bourse ended higher on Wednesday (Apr 23), tracking gains in the region. The uptick followed remarks from US President Donald Trump, who signalled no plans to…
Hyundai Motor’s top executive expects car prices to remain relatively steady over the coming months despite added costs from the escalating global trade war, as automakers try to maintain…
The Securities and Exchange Commission is scaling back its cryptocurrency enforcement unit. Why does this matter? Because crime pervades the crypto industry. Just last month, a hacker…
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held steady at 2.9 per cent in January, staying within…
THE European Central Bank (ECB) is all but certain to cut interest rates on Thursday (Jan 30) and is likely to keep open the door to further policy easing as concerns over lacklustre…
SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary policy settings and US President Donald Trump calling for…
Germany has advocated a relaxation of some EU sanctions against Syria following the ouster of long-time ruler Bashar al-Assad as Saudi Arabia hosted Sunday an international conference on…
German Foreign Minister Annalena Baerbock has advocated a relaxation of some EU sanctions against Syria following the ouster of long-time ruler Bashar al-Assad. "We as an international…
THE US dollar rallied on Friday (Jan 10) after data showed that the world’s largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve…
SOUTH Korea’s central bank governor said on Thursday (Jan 2) that the pace of monetary policy easing would need to be flexible this year due to heightened political and economic…
SINGAPORE stocks closed unchanged on Friday (Dec 13), as China pledged further monetary easing to brace itself for more trade tensions with the United States. The benchmark Straits Times…
GOLD prices fell on Tuesday (Nov 26) to their lowest in more than a week, weighed down by a stronger US dollar and reports of a potential Israel-Hezbollah ceasefire that dampened…
Major floods that struck parts of France due to heavy rainfall on Thursday and Friday began slowly easing on Saturday. In many areas, clean-up and repair work has commenced. Emergency…
CHINA’S BYD wants to make cars in India but has received no “direct” signal from New Delhi on a possible easing of stringent investment rules for Chinese businesses, a top executive said,…
THE spreading of the rally across equity markets into more than just a handful of stocks is making room for more initial public offerings, according to Goldman Sachs Group’s global head of…
Back home, demand is expected to remain strong on the last day of the fiscal second quarter, and after state-run banks turned large buyers in the previous week 2 min read Last Updated :…
OIL prices slumped over 2 per cent on Wednesday as worries over supply disruptions in Libya eased and demand concerns continued despite China’s latest stimulus plans. Still, falling crude…
Belarusian ruler Alexander Lukashenko has hinted at easing tensions on the border with Ukraine. During a visit to troops in the border region, he emphasized the withdrawal of Ukrainian…