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[BEIJING/SHANGHAI] Four of China’s largest five state-owned banks reported steady profits on Thursday (Oct 30), but their margins came under pressure from a prolonged property slump and…
The overnight deposit and lending rates were also kept at 3.75 per cent and 5.50 per cent Indonesia’s central bank unexpectedly held its key interest rate steady on Wednesday, surprising…
It reported quarterly revenue of US$12.5 billion, compared with estimates of US$12.39 billion Coca-Cola’s revenue and profit exceeded Wall Street’s third-quarter expectations on Tuesday…
Don’t think for a minute that dressing up for Halloween is child’s play. According to the Halloween & Costume Association, there has been a steady increase in participation from adults…
Oil prices steadied on Thursday after hitting a seven-week high in the previous session as Russia moved to restrict fuel exports until the end of the year, but the gains were limited by…
GOLD prices held steady on Thursday as investors awaited key US economic data for further insights into Federal Reserve policy, with a slightly weaker dollar lending some support to…
The US weekly initial jobless claims report is due on Thursday, followed by the Personal Consumption Expenditures index, the Fed’s preferred inflation gauge Gold held steady near a record…
Gold prices were little changed on Friday (Sep 19) as investors awaited further signals on the US interest rate path after the US Federal Reserve delivered an expected rate cut and…
The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can withstand US President Donald Trump’s tariffs and…
The US central bank’s policy meeting this week comes amid challenges, including a legal dispute over its leadership and efforts to confirm US President Donald Trump’s nominee to the Board…
The European Central bank (ECB) is expected to hold interest rates steady again this week with inflation under control and US tariff tensions easing, even as France’s political crisis…
China’s financial regulators are considering a number of cooling measures for the stock market as they grow concerned about the speed of a US$1.2 trillion rally since the start of August,…
Global stocks were flat on Friday as investors awaited a speech by Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. MSCI's broadest global index was flat, as were shares…
EUROPEAN equities were subdued on Thursday as investors awaited updates from the Federal Reserve’s Jackson Hole symposium, while the United States and European Union locked in a framework…
Gold prices were little changed on Tuesday (Aug 19) as investors focused on the Federal Reserve’s Jackson Hole meeting later this week, which could provide insights into the US central…
Wall Street stocks shook off early losses to finish essentially flat on Thursday as markets digested disappointing inflation data that complicates expectations for lower Federal…
AUSTRALIA’S Westpac Banking Corp posted a steady third-quarter profit on Thursday, buoyed by wider margins, on the back of fewer liquid assets and small gains in lending and deposits. The…
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…
Gold prices steadied on Wednesday (Jul 30) as investors held back on making big bets ahead of the US Federal Reserve’s policy statement later in the day for cues into future rate cuts,…
Visa beat Wall Street estimates for third-quarter profit and revenue on Tuesday (Jul 29), as the global payments processing company was helped by strong card spending volumes despite…
Wall Street’s main indexes opened steady on Friday (Jul 25) following record closes for the S&P 500 and the Nasdaq in the previous session, while investors looked for signs of…
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…
