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U.S. President Donald Trump‘s increase in trade pressures has resulted in a new deal with Indonesia, the first since he sent out the flurry of tariff letters last week. Trump revealed the…
The Bank of Japan will likely hold off raising interest rates again until at least next March to assess the damage that US tariffs could inflict on the economy, former central bank…
They will be issued as the second tranche of the fifth series of a S$2 billion multicurrency medium-term note programme Property player UOL on Wednesday (Jul 9) announced that its wholly…
President Trump whacked Brazil on Wednesday with a 50% tariff on goods its producers send into the U.S., linking the levy in part to the prosecution of former Brazilian president and Trump…
New Zealand‘s central bank held the benchmark interest rate at 3.25 per cent on Wednesday, but said it expected to loosen monetary policy if medium-term inflation pressures continued to…
According to a report from The Daily Beast, Senator Ted Cruz was vacationing in Greece as tragedy struck his state. Over the July 4 weekend, flash flooding took the lives of at least 95…
Australia’s central bank is set to deliver its first back-to-back interest rates cuts in six years, stepping up its easing cycle as inflation pressures cool and US trade policies threaten…
Dutch lender ING is accelerating efforts to build up its fee-based revenue amid the prospect of lower interest rates. In Singapore, that means deeper investments in capital markets and…
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial intelligence products but cautioned about…
[singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite speculation about a potential rate cut as early as July,…
Bank of England (BOE) policymaker Alan Taylor said UK officials cannot sidestep the question of where interest rates will settle, in a direct challenge to governor Andrew Bailey’s…
The average rate on a 30-year U.S. mortgage fell for the fifth straight week to its lowest level since early April, an encouraging sign for potential buyers who have wrestled with rising…
U.S. employers added 147,000 jobs in June as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies. The…
Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for countries to reach trade deals with the US to…
Bank of Japan board member Hajime Takata said on Thursday the central bank should resume interest rate hikes following a temporary pause to evaluate the impact of US tariffs on…
Gold prices edged lower on Wednesday (Jul 2) as investors awaited US payroll data and assessed Federal Reserve chair Jerome Powell’s cautious stance on rate cuts, although a weaker US…
Fed Chair Jerome Powell said Tuesday the magnitude of President Trump's April 2 "Liberation Day" tariffs forced the central bank to take its time instead of bowing to the White House and…
Wall Street extended its rally on Friday (Jun 27), sending S&P 500 and Nasdaq to all-time closing highs as trade deal hopes fuelled investor risk appetite and economic data helped solidify…
Asian markets rose on Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US interest rate cuts. Easing concerns about Middle East tensions also…
EUROPEAN stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the US interest rate trajectory. The pan-European Stoxx 600 index…
South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as the leading platforms focused on a more rational and…
Some Bank of Japan (BBOJ) policymakers called for keeping interest rates steady for the time being due to uncertainty over the impact of US tariffs on Japan’s economy, a summary of…
The offering is close to seven times oversubscribed against the target issuance size Sembcorp Industries announced on Wednesday (Jun 25) that its wholly owned subsidiary Sembcorp Financial…
A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald Trump’s sweeping tariffs remain limited. The comments…
