Hong Kong’s key rate climbs above 3% to pose risks for economy
If the gauge sustains above that level, it could have a negative impact on the economy Liquidity conditions in Hong Kong resumed tightening this week with a key money-market rate…
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Rate
Australia’s RBA signals more rate cuts ahead, pace undecided
Australia’s central bank board judged further policy easing would likely be needed over the coming year when it cut rates this month, and the pace could be gradual or quicker depending on…
Barclays, BNP pivot to September Fed rate cut on Powell’s labour warning
Barclays and BNP Paribas expect the US Federal Reserve to make a 25-basis-point interest rate cut in September, according to notes dated on Friday (Aug 22), citing chair Jerome…
Asia: Markets rise on US rate cut hopes
Asian markets kicked off the week with a rally on Monday (Aug 25) morning, tracking gains made by Wall Street on Friday after the US central bank chief suggested coming interest rate cuts.…
Furniture Stocks Likely to Extend Losses After Trump Threatens New Tariff Rate on Sector
The prospect of new tariff hikes continues to threaten the global furniture industry. Late Friday, U.S. President Donald Trump said on Truth Social that his team has launched an…
Having This Haircare Brand in Your Shower Is the Ultimate Status Symbol—7 Products I Use and Rate
When it comes to the best haircare, most notably the best shampoos, conditioners, hair oils and hair masks, you'll always find me recommending cool-girl approved haircare brand, Ouai.…
US Fed’s Alberto Musalem says more data is needed to decide whether a September rate cut is warranted
St Louis Fed president Alberto Musalem said on Friday (Aug 22) he will need more data before deciding to support a rate cut at the Fed’s Sep 16 to 17 meeting given that inflation is above…
US: Dow hits fresh record after Fed chair signals possible rate cut
Wall Street rallied on Friday (Aug 22) after US Federal Reserve chair Jerome Powell opened the door to lowering interest rates – with the Dow closing at a fresh record for the…
Europe: Shares close at five-month highs after Powell hints at September rate cut
European shares closed at their highest level in more than five months on Friday (Aug 22) after US Federal Reserve chair Jerome Powell pointed to a possible September interest rate cut in…
Dow soars more than 900 points after Fed hints at interest rate cuts
Wall Street is rallying on Friday toward its best day in months after the head of the Federal Reserve hinted the cuts to interest rates that investors and President Donald Trump crave so…
Will Fed chair Powell’s high-profile speech in Wyoming give hints on interest rate cuts?
Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job…
Fed officials lukewarm on September rate cut as markets await Powell speech
Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for US central bank chief Jerome Powell’s speech to the…
Singapore shares rise as market eagerly awaits signals of interest rate cuts; STI up 0.3%
Singapore shares rose on Thursday (Aug 21), as the market awaits for hints from US Federal Reserve chairman Jerome Powell about the future of interest rates. The benchmark Straits Times…
Jerome Powell eyes long-awaited rate cut in September
The Federal Reserve is increasingly likely to cut interest rates at its meeting in September, as worries about potential inflation compete with new concerns about a slowdown in hiring.…
RBNZ seen resuming rate cuts as focus shifts to wilting economy
New Zealand’s central bank is expected to cut interest rates this week, resuming its easing cycle after a pause in July as the economy shows signs of stalling. The Reserve Bank of New…
PBOC signals no urgency for rate cuts despite poor economic news
China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even though the economy just recorded its worst month so…
Malaysia ringgit’s rally not over yet as analysts eye rate cuts
Analysts are now focusing on the potential benefits of lower domestic rates, with currency sentiment further buoyed by government structural reforms that may support long-term growth …
Gold poised for weekly fall as bets fade for big Fed rate cut
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a super-sized 50 basis points US interest rate cut…
Oil prices climb 2% to one-week high as Fed rate cut, Trump-Putin talks loom
Oil prices climbed about 2 per cent to a one-week high on Thursday after US President Donald Trump warned of “severe consequences” if his talks with Russian President Vladimir Putin on…
Europe: Shares near two-week highs on Fed rate cut expectations
EUROPEAN shares hit a near two-week high on Wednesday, underpinned by gains in heavyweight healthcare and technology stocks, as near-certain expectations that the US Federal Reserve will…
Wall Street stocks surge on hopes for interest rate cuts by the Fed
U.S. stocks are ticking higher on Wednesday after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P 500 rose 0.4%, coming off its latest all-time…
US: S&P 500, Nasdaq hit record highs at open on September rate cut hopes
Wall Street’s main indexes opened higher on Wednesday (Aug 13) with the benchmark S&P 500 and the Nasdaq hitting record highs, underpinned by growing optimism that the Federal…
US: Nasdaq posts record closing high with tech gains, rate cut optimism
US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday (Aug 8) as technology-related shares, including Apple, gained and as investors…
How Trump’s new tax rate on college endowments is threatening university jobs and financial aid
A big increase in the tax on university endowments is adding to financial uncertainty for the wealthiest colleges in the U.S., leading several already to lay off staff or implement hiring…