Wall Street subdued at open as Fed rate cut decision nears
Wall Street’s main stock indexes were subdued at the open on Tuesday (Dec 9) as investors awaited the Federal Reserve’s policy decision, while Nvidia shares were whipsawed by contrasting…
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Most markets track Wall St losses amid jitters about Fed rate trajectory
Bets on a third successive cut have surged on the back of data pointing to a weakening jobs market Most stocks fell in Asia on Tuesday (Dec 9) as investors grow nervous about the US…
US stocks end lower as investors wait for Fed rate decision
Technology companies have been looking to override disparate laws passed by US states Wall Street’s main indexes closed lower on Monday (Dec 8), with most S&P 500 industry sectors in the…
European shares subdued at close amid caution ahead of week’s Fed rate decision
Global markets have gained in the last few weeks on rising expectations of a Fed cut in December European shares ended subdued on Monday (Dec 8), with higher bond yields weighing slightly…
US stocks open higher as investors await Fed rate cut decision
Wall Street’s main indexes opened modestly higher on Monday (Dec 8) as investors priced in expectations that the Federal Reserve will deliver a long-awaited rate cut later this week in a…
What If Both Sides in the Birth Rate Debate Are Wrong?
One hundred years ago, European fascists responded to population panic by constraining choices for women—in Mussolini’s Italy, Hitler’s Germany, and Franco’s Spain. Mussolini imposed a tax…
Oil hovers near two-week highs on expected US interest rate cut, geopolitical risk
Oil prices hovered at two-week highs on Monday (Dec 8) as investors expect a likely US Federal Reserve interest rate cut this week to lift economic growth and energy demand, while…
Asian stocks stagger as traders prepare for expected US rate cut
Asian equities drifted on Monday (Dec 8) as investors gear up for an expected US interest rate cut this week, with debate centring on the likelihood the US Federal Reserve will continue…
BOJ likely to hike rate this month
Bank of Japan officials are ready to raise interest rates at a policy meeting later this month, provided there’s no major shock to the economy or financial markets in the meantime,…
India central bank cuts repo rate by 25 basis points, boosts liquidity
The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday (Dec 5), in line with a consensus view, as record low retail inflation and a benign outlook for prices…
India central bank cuts key rate, boosts liquidity to support ‘Goldilocks’ economy
The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points (bps) on Friday (Dec 5) and left the door open for further easing, as it took steps to boost banking-sector…
Asian markets mixed ahead of US data, expected Fed rate cut
Focus is now on the release later Friday of the personal consumption expenditures index Asian markets struggled into the weekend on Friday (Dec 5) following a bland lead from Wall Street…
Oil settles up on expectations of Fed rate cut, Ukraine peace talks stalling
US crude futures briefly rose more than US$1 a barrel earlier in the session as global shares rose Oil prices settled up on Thursday (Dec 4) on investors’ expectations for the Federal…
Wall Street opens higher as investors mull Fed rate cuts
Wall Street’s main indexes opened slightly higher on Thursday (Dec 4) as investors parsed a fresh batch of labour market data to gauge the odds of a much-anticipated Federal Reserve…
Indexes close higher as data keeps Fed rate cut expectations elevated
US stocks advanced to close higher on Wednesday (Dec 3), as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal Reserve next week, while a fall in…
Stock market hovers near all-time high on Fed rate cut expectations and retail rally
The U.S. stock market is drifting near its record levels on Wednesday following mixed reactions to profit reports from Macy’s, Marvell Technology, and other companies. The S&P 500 rose…
How banks handle interest rate swings may soon be clearer to investors
Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model The International Accounting Standards Board (IASB) on Wednesday (Dec 3)…
Philippines' slow growth raises chance of December rate cut, says central bank chief
Data last month showed annual growth slowed to a four-year low of 4.0% in the third quarter A slower growth outlook for the Philippines raises the chances of another policy rate cut at a…
Equities climb on Fed rate cut optimism, Boeing surges
US stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday (Dec 2), buoyed by gains in technology shares as expectations the US Federal Reserve will…
Asian markets rise as US rate cut bets temper Japan bond unease
Stocks rose on Tuesday (Dec 2) following the previous day’s stutter as more weak US data helped solidify US interest rate cut optimism and tempered nervousness over rising Japanese bond…
Bank of Japan to weigh ‘pros and cons’ of rate hike in December, governor Ueda says
The Bank of Japan (BOJ) will consider the “pros and cons” of raising interest rates at its next policy meeting, governor Kazuo Ueda said on Monday (Dec 1), giving the strongest signal yet…
Bank Indonesia seeks rate cuts while balancing stability, growth
Tariff worries have made the rupiah South-east Asia’s worst-performing currency this year Bank Indonesia (BI) will strike a balance between encouraging currency stability and supporting…
European shares clock monthly gains on Fed rate cut hopes
Next week, investors expect some focus on Russia-Ukraine peace talks. European shares ended higher on Friday (Nov 28), capping a strong weekly advance and closing the month on a robust…
Australia may weigh early rate hike as economy nears speed limit
The RBA is facing a more complex outlook than peers as its economy is entering an upswing with elevated capacity utilisation Australia’s central bank may need to raise interest rates as…