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THE Hong Kong Monetary Authority (HKMA) left its base rate unchanged at 4.75 per cent on Thursday (Jan 30), tracking a move by the US Federal Reserve to keep rates steady. Hong Kong’s…
EUROPEAN shares closed at a record high on Wednesday (Jan 29), boosted by technology stocks following strong results from chip equipment maker ASML, while investors shifted their focus to…
Poor Donald Trump. Twice elected president only to have to clean up the economic messes left to him by Democrats. In 2016, he groused about inheriting “a disaster” from Barack Obama. On…
Wall Street’s main indexes opened lower on Monday (Jan 13), as yields surged after robust payroll numbers last week bolstered expectations that the Federal Reserve will maintain a hawkish…
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…
SINGAPORE property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But with US Federal Reserve chairman Jerome Powell…
Across the broader market, losers beat gainers 281 to 222, with 982.3 million shares worth S$913.1 million changing hands SINGAPORE shares finished lower on Thursday (Jan 9), after US…
ASIAN currencies fell to a two-decade low, as the US dollar remains buoyed by robust US growth and president-elect Donald Trump’s tariff-hike vows. The Bloomberg Asia Dollar Index slipped…
The bullion is unlikely to hit US$3,000 an ounce by the end of the year, pushing the forecast to mid-2026 Gold fell for a second day as comments from Federal Reserve officials over the…
GOLD prices held steady on Tuesday (Dec 24), with investors bracing for a less aggressive path of interest rate cuts from the US Federal Reserve next year, ahead of a shortened trading…
THE US Federal Reserve said on Monday (Dec 23) it was considering major changes to its annual bank “stress tests” in light of recent legal developments, including allowing lenders to…
Oil prices were little changed at their settle on Friday (Dec 20) as markets weighed Chinese demand and interest rate-cut expectations after data showed cooling US inflation. Brent crude…
They note strong long-term outlook for banking, manufacturing sectors here, and add bond investors will benefit from less volatility ALTHOUGH the “hawkish” interest rate cut by the US…
They note strong long-term outlook for banking, manufacturing sectors here, and add bond investors will benefit from less volatility ALTHOUGH the “hawkish” interest rate cut by the US…
Hong Kong interest rates could remain at relatively high levels for some time, says chief executive THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate…
GOLD prices languished near a one-month low on Thursday (Dec 19) after the US Federal Reserve indicated it would slow the pace of its monetary policy easing cycle next year, lifting the US…
WALL Street’s main indexes opened flat Wednesday (Dec 18), as investors turned cautious ahead of the Federal Reserve’s final rate decision of the year and awaited signals on whether…
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…
GOLD nudged higher for a fifth straight session on Thursday (Dec 12) to hover near a more than two-week peak, supported by increased expectations of an interest rate cut from the Federal…
SINGAPORE shares reversed earlier losses to close in the green on Thursday (Dec 12), with Asia-Pacific markets mostly in positive territory as mild inflation data from the United States…
GOLD prices steadied on Wednesday (Dec 4) as markets awaited US jobs data and comments from Federal Reserve chair Jerome Powell for further insights into the US interest rate cut…
WALL Street opened a touch lower on Tuesday (Dec 3) after the S&P 500 and the Nasdaq notched record high levels in the last session, with focus on a crucial jobs report later this week…
US FEDERAL Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid and inflation slowly cools, minutes from their latest…
Gold prices climbed to a one-week high on Tuesday (Nov 19), buoyed by a softer US dollar, while the market awaited comments from Federal Reserve officials for cues on the US interest rate…
