Wall Street opens lower as yields rise after GDP data
US stock indexes opened lower on Tuesday (Dec 23) after stronger-than-expected economic data drove Treasury yields higher, weighing on heavyweight technology stocks. At 09.30 am ET, the…
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US stock indexes opened lower on Tuesday (Dec 23) after stronger-than-expected economic data drove Treasury yields higher, weighing on heavyweight technology stocks. At 09.30 am ET, the…
Investors are currently pricing in two rate cuts for next year, with this week’s non-farm payrolls report expected to provide further clues on the Fed’s policy path Gold rose on Monday…
The recent rises are due to investors taking a wait-and-see approach on uncertainty over how far the BOJ can eventually raise rates The Bank of Japan (BOJ) sees a limited need for…
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…
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…
Markets have largely priced in a rate cut from the Fed at the conclusion of its two-day policy meeting on Dec 10 US stocks closed modestly lower on Monday (Dec 1), weighed down by a jump…
Investors cheer easing US-China tensions but stay cautious, wary a final deal may disappoint Chinese shares pulled back from a decade high on Thursday (Oct 30) as US President Donald Trump…
Investors seeking steady income streams are reassessing their options as yields on Singapore Treasury bills (T-bills) plummet this year, and the prospect of US interest rate cuts clouds…
There is more room for DBS’ share price to continue rising in the months ahead given the bank’s strong dividend outlook, analysts said. Market watchers noted that DBS’ capital return plans…
China’s wealthy are once again pouring money into “snowball” derivatives for juicier returns, a year after the regulator curbed the product that was blamed for exacerbating a stock rout.…
EUROPEAN shares finished near one-month low on Tuesday after a broad-based selloff, driven by a rise in bond yields as investors grew increasingly concerned over fiscal pressures in…
Japanese 30-year government bond yields climbed to a fresh all-time peak on Friday (Aug 22), tracking a rise in US Treasury yields as investors braced for a speech by Federal Reserve chair…
Dividends are usually top of mind for investors in Singapore when deciding where to place their bets. In the past couple of years, investors have been piling into T-bills with higher…
CapitaLand India Trust (Clint) will divest one-third of its data centre portfolio to its sponsor CapitaLand Investment, which is launching a new fund in India. In an interview with The…
Gold prices rose on Tuesday (Aug 5), after gaining in the last three sessions, supported by a weaker US dollar and lower Treasury yields following last week’s weak US jobs data that…
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the Asia-Pacific, to revitalise investor interest in…
Gold prices climbed to a more than five-week peak on Wednesday (Jul 23), supported by a softer US dollar and lower Treasury yields as investors looked forward to signs of progress in US…
Chinese authorities have pushed through the mergers of hundreds of smaller, mostly rural banks, while the larger behemoths are struggling to generate profits due to record-low margins …
Gold prices steadied on Tuesday (Jul 8) as US President Donald Trump announced sharply higher tariffs on goods from Japan, South Korea and other nations, while higher US treasury yields…
Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said in a report released on Thursday (Jun 26). The…
Wall Street stocks finished higher on Thursday following a choppy session as markets weighed worries about US trade tariffs with benign inflation data and a positive Treasury bond…
UOB economist, reacting to the sluggish retail sales print, expects retail sales to stay tepid this year Local shares rose on Thursday (Jun 5) as softer US hiring data boosted rate-cut…
Wall Street stocks retreated on Wednesday ahead of earnings from artificial intelligence titan Nvidia, with US Treasury bond yields ticking higher. Results from chip company…
Gold prices gained on Wednesday (May 28), helped by a slight retreat in the US dollar and lower US bond yields as investors await a US core Personal Consumption Expenditures (PCE)…