Amex projects upbeat 2026 profit on steady spending by affluent customers
It expects revenue to grow in the range of 9 to 10% – versus expectations of about 9% American Express (Amex) forecast annual profit largely above Wall Street expectations on…
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Steady
Singapore, Asia markets steady after Fed pause and MAS hold; spotlight turns to earnings
Investor attention is shifting towards fundamentals and AI-linked growth themes in the region Market reactions in Asia were broadly muted on Thursday (Jan 29) after the US Federal Reserve…
US stocks: S&P 500 dips slightly after Fed keeps rates steady as expected
S&P 500 closed slightly lower and the Nasdaq advanced modestly on Wednesday as investor reactions were muted after the Federal Reserve kept interest rates unchanged as…
US Fed holds rates steady, sees ‘elevated’ inflation and stabilising job market
The US Federal Reserve held interest rates steady on Wednesday, citing still-elevated inflation alongside solid economic growth, and giving little indication in its latest policy…
STI breaks 4,900 amid expectations for Fed to hold rates steady
The benchmark index closes at a record high as DBS and OCBC notched gains of at least 1% The Straits Times Index (STI) broke new ground on Tuesday (Jan 27) and crossed the 4,900 threshold…
Bank of Japan keeps rates steady, raises growth and inflation forecasts
The Bank of Japan kept interest rates steady on Friday and raised its economic and inflation forecasts, signalling its readiness to continue hiking still-low borrowing costs. As…
ECB on a steady rate path for now but Fed tussle a risk, chief economist warns
The European Central Bank will not debate any rate change in the near term if the economy stays on course, but new shocks, like a potential deviation by the Federal Reserve from its…
Fed’s Hammack signals holding rates steady for months
FEDERAL Reserve Bank of Cleveland president Beth Hammack said she saw no need to change US interest rates for months ahead after the central bank cut borrowing costs at its last three…
Gold steady ahead of key US inflation data; silver near record highs
GOLD prices were steady on Thursday, supported by dovish Federal Reserve signals but restrained by a resilient dollar ahead of key US inflation data this week, while silver hovered near…
Bank Indonesia keeps rates steady, focuses on rupiah stability
The bank also leaves its deposit and lending rates unchanged at 3.75% and 5.50%, respectively Indonesia’s central bank held its policy rates unchanged for a third straight meeting on…
Opec says Opec+ raised output in November, leaves demand view steady
Opec said on Thursday (Dec 11) that the wider Opec+ oil producer group nudged up output in November as eight Opec+ members pressed ahead with another production increase, and it maintained…
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending Australia’s central bank on Tuesday (Dec 9) left its cash rate…
Australia’s central bank holds rates steady, rules out further cuts
Bond yields spike to a 13-month high after governor Bullock says that price risks have ‘tilted to the upside’ Australia’s central bank governor Michele Bullock called an end to a truncated…
Gold steady as rising yields offset dollar weakness; PCE data eyed
Gold prices held steady on Friday (Dec 5), as rising US Treasury yields offset support from a weaker US dollar, while markets awaited US inflation data later in the day for clues into the…
Gold holds steady after weak US jobs data reinforce rate-cut bets
Gold prices held steady above the US$4,200 mark on Thursday (Dec 4), buoyed by weak private payrolls data that reinforced expectations of a US interest rate cut at the US Federal Reserve’s…
Stock market holds steady as bond yields and Bitcoin stabilize
The U.S. stock market is holding relatively steady on Tuesday as both bond yields and Bitcoin stabilize. The S&P 500 rose 0.1%, coming off its first loss in six days. The Dow Jones…
Opec+ holds oil output steady, agrees capacity mechanism
Other members, such as African countries, have seen declines in production capacity but are resisting quota cuts [LONDON/MOSCOW] The Organization of the Petroleum Exporting Countries and…
Europe’s Stoxx 600 ends steady after multiple-session rally; Puma, Allfunds jump on takeover buzz
EUROPEAN shares ended largely steady on Thursday after three consecutive sessions of gains, driven by rising hopes of a US interest rate cut next month, while Puma jumped on takeover…
South Korea keeps rates steady as FX risks limit easing scope
South Korea’s central bank kept interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the…
Gold holds steady as rising US rate-cut bets offset dollar strength
Gold prices held steady on Tuesday (Nov 25) after rising nearly 2 per cent in the previous session, as increasing prospects of a US rate cut in December countered a firm US dollar. Spot…
China expected to keep rates steady for sixth month as PBOC turns less dovish
The consensus comes after the central bank this month maintained its seven-day reverse repo rate, which now serves as a major policy rate China is expected to leave benchmark lending rates…
Gold steady as focus turns to Fed minutes, US jobs report
Gold prices were steady on Wednesday (Nov 19), as investors awaited minutes from the US Federal Reserve’s latest policy meeting and US jobs report that could shed more light on the central…
Oil prices steady after steep losses in previous session
Oil prices held largely steady on Thursday after declining around 4 per cent in the previous session as investors weighed concerns about global oversupply with looming sanctions against…
Oil prices steady as investors assess US-China trade truce
Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after US President Donald Trump lowered tariffs on China following a…