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The Reit’s manager is upbeat about economic conditions in China, even though its recovery “may take time” China-focused BHG Retail Real Estate Investment Trust (Reit) recorded a committed…
GOLD prices rose on Monday, buoyed by expectations of another Federal Reserve interest rate cut in December and a slew of weak economic data that raised global growth worries. Spot gold…
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations of another Federal Reserve interest rate cut,…
The average rate on a 30-year U.S. mortgage ticked up for the first time in five weeks after falling to its lowest level in more than a year last week. The average long-term mortgage rate…
Genting Singapore posted a 19 per cent year-on-year increase in net profit to S$94.6 million for the third quarter ended Sep 30, with improved VIP rolling volume and win rate contributing…
Malaysia’s central bank held its benchmark interest rate steady at its final policy review of the year on Thursday (Nov 6), as expected by economists, amid subdued inflation and steady…
Standing pat gives the central bank room to act decisively if conditions worsen next year MALAYSIA kept interest rates unchanged as the central bank remained confident that the economy can…
Australia’s central bank held its key interest rate steady in a widely anticipated decision, warning of stronger inflationary pressures in the economy and reaffirming that future moves…
ASIAN markets fluctuated on Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the sector, while mixed signals from Federal Reserve…
The country’s trade-dependent economy has been buoyed by signs that global demand is picking up Malaysia’s ringgit is hovering near its strongest level in a year, supported by expectations…
The country’s trade-dependant economy has been buoyed by signs that global demand is picking up Malaysia’s ringgit is hovering near its strongest level in a year, buoyed by expectations…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. D.R. Horton, America’s largest homebuilder, is doubling down on mortgage…
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend on rupiah stability and the effectiveness of…
A clutch of Federal Reserve bank presidents on Friday (Oct 31) aired their discomfort with the US central bank’s decision to cut interest rates this week, even as influential Fed Governor…
Wall Street’s main stock indexes closed higher on Friday (Oct 31), with their biggest boost coming from Amazon’s upbeat earnings forecast, but sentiment was dampened by worries that the…
Traders have scaled back bets that the Fed will cut rates again at its next policy meeting on Dec 10 after remarks from Fed chair Jerome Powell Gold prices edged higher on Friday (Oct 31),…
WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft shares tumbled on worries over surging AI spending,…
EUROPEAN shares logged their third session of declines on Thursday as uncertainty over the future moves of central banks grew, while investors parsed a new raft of corporate earnings. The…
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and automating processes Amazon.com’s cloud unit posted the…
The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut. The federal funds…
Asia markets are likely to face short-term pressure from the US Federal Reserve’s latest interest rate cuts, but expectations are already priced in, analysts say. The Federal Open Market…
NOMURA said it now expects the US Federal Reserve to keep interest rates unchanged at its December policy meeting, following the central bank’s decision to cut rates on Wednesday. The…
Focus now shifts to US President Trump’s meeting with Chinese leader Xi Jinping in South Korea later in the day Gold prices edged higher on Thursday (Oct 30), as a slight pullback in the…
Hong Kong’s de-facto central bank on Thursday lowered its base interest rate by 25 basis points to 4.25 per cent, tracking a cut by the US Federal Reserve. It was the second easing by the…
