Hong Kong resumes currency intervention spree amid low rates
Hong Kong’s brief pause from defending its beleaguered currency proved to be short-lived, as the authorities were forced to buy local dollars for the third time in a week amid stock…
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Hong Kong’s brief pause from defending its beleaguered currency proved to be short-lived, as the authorities were forced to buy local dollars for the third time in a week amid stock…
Some Bank of Japan policymakers saw scope to resume interest rate increases once trade friction caused by US tariffs eased, minutes of the bank’s June meeting showed, a sign Tokyo’s recent…
Singapore stocks opened slightly up on Friday (Aug 1), while Malaysia markets jumped and Taiwan slumped, following the announcement of US President Donald Trump’s global tariff rates.…
Singapore stocks opened slightly up on Friday (Aug 1), while Malaysia markets jumped and Taiwan slumped, following the announcement of US President Donald Trump’s global tariff rates.…
The US Federal Reserve’s decision to defy President Donald Trump’s demands by keeping interest rates unchanged for the fifth straight time was broadly in line with market expectations. But…
The US Federal Reserve’s decision to defy President Donald Trump’s demands by keeping interest rates unchanged for the fifth straight time was broadly in line with market expectations. But…
The Bank of Japan kept interest rates steady on Thursday and offered a cautiously optimistic view on the economic outlook, after Tokyo’s trade deal with Washington cleared some uncertainty…
U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where they are, a move that could upset President Donald Trump but was one that Wall…
The Federal Reserve is expected to leave interest rates unchanged at its meeting on Wednesday, even as President Trump intensifies his campaign to push the central bank into lowering the…
Citigroup plans to increase headcount in its Asia rates and prime businesses by 5 to 10 per cent over the next year to cope with booming demand from customers including hedge funds,…
The U.S. central bank, to President Donald Trump’s chagrin, will likely leave interest rates unchanged at a policy meeting this week, but that’s not to say there won’t be a vigorous…
EUROPEAN stocks closed higher on Thursday after the European Central Bank held interest rates steady as expected, while investors cheered strong earnings from major banks and easing trade…
The European Central Bank left its main interest rate unchanged at 2 per cent as expected on Thursday (Jul 24), taking a break after a year of policy easing to wait for clarity over…
The European Central Bank left interest rates unchanged on Thursday (Jul 24) after cutting eight times in a year, biding its time while Brussels and Washington try to negotiate a trade…
The European Central Bank looks set to keep interest rates unchanged on Thursday while the introduction of higher US tariffs threatened by US President Donald Trump hangs in the balance. A…
Azalea Asset Management, an indirect subsidiary of Temasek Holdings, will be launching a new series of bonds backed by 40 private equity (PE) funds. The indicative total size of the new…
The economy is poised to grow. The job now falls to the Fed and Treasury to cut, sell, and coordinate before the window of opportunity closes. Source link
Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they shunned the renminbi on bets domestic interest rates will remain…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Earlier this month, President Donald Trump signed his party’s…
South Korea’s central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial stability risks stemming from rising…
Australia’s central bank on Tuesday (Jul 8) left its cash rate steady at 3.85 per cent, a shock for markets that had confidently wagered on a cut, saying the majority of the board wanted…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClubnewsletter. Real estate investors no longer think a material drop in mortgage rates…
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClubnewsletter. Some homebuyers are sidestepping 6% and 7% mortgage rates by tapping into…
Donald Trump’s wishy-washy tariffs have been good for one thing: keeping Federal Reserve interest rates high, according to the central bank’s Chair Jerome Powell. Speaking at a European…