Business
Fed maintains interest rates but warns of 'uncertainty' amid tariff turmoil
By Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily…
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interest
Business
China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the…
Business
Hong Kong dollar interest rate falls most since 2008 after intervention
The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg…
Business
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more…
Business
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high…
Business
Maximize Business Savings: How to Get the Best Interest Rates on Deposits
As a business owner, you’re always looking for ways to grow your revenue, but what about optimizing the money you’ve already earned? While…
Business
Impact of Trump’s tariffs, interest costs in focus as S-Reits report Q1 earnings
Market watchers will be looking for managers of Singapore-listed real estate investment trusts (S-Reits) to shed light on their strategies…
Business
Malaysia central bank to look beyond interest rates amid tariffs
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
Malaysia central bank to look beyond interest rates amid tariff challenges
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
Trump urges Fed to lower interest rates amid tariff turmoil
President Trump called on Federal Reserve Chairman Jerome Powell to cut interest rates as the new tariffs shake the stock market and spark…
Business
UOB trims interest rate on flagship One Account, joins OCBC in 360 Account cut
UOB will cut interest rates on its flagship savings account, the One Account, in line with interest rate expectations. With effect from…
Business
Hong Kong derivatives trading surges to record on turbulent markets and hedge fund interest
Big swings in stock markets and hedge fund activity have propelled Hong Kong’s derivative trading to unprecedented highs. The number of…
Business
UOB taps rising South Korean interest in Asean with new FDI advisory centre in Seoul
South Korean firms eyeing expansion into Asean can now tap UOB’s support, following the launch of its Foreign Direct Investment (FDI)…
News
PropNex Realty changes law firm in ‘99-to-1’ suit to avoid conflict of interest
Withers KhattarWong previously represented both the property agency and its agent Ian Sng, but the agency has switched to Rajah & Tann…
Business
AI startup Perplexity confirms interest to buy TikTok
Artificial intelligence (AI) startup Perplexity on Friday (Mar 21) expressed its interest in buying TikTok, which faces a deadline to…
Politics
Usha Vance, vice president's wife, to travel to Greenland amid Trump interest in acquiring island
Second lady Usha Vance and National Security Adviser Michael Waltz will visit Greenland next week amid President Trump's often-stated…
Politics
Column: The Trump administration has a free-speech problem
I have to wonder: When will Vice President JD Vance condemn his own administration? Last month, Vance, a self-described foreign policy…
Business
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an…
Business
‘Significant’ investor interest in South-east Asia’s wellness real estate sector amid global boom: CLI
INVESTOR interest in wellness real estate is steadily on the rise and South-east Asia offers significant opportunities within its health…
Business
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus is likely to…
Business
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech…
News
'Item of interest' discovered in search for missing Alaska plane
By Gabe Whisnant is Deputy Weekend Editor at Newsweek based in South Carolina. Prior to joining Newsweek in 2023, he directed daily…
Business
Sanders and Hawley’s Interest Rate Cap Would Ban Their Union Allies’ Credit Cards
They want to cap interest rates at 10 percent, but most major unions’ member benefits include credit cards that charge well in excess of…
Business
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
We’ve got a whirlwind of news out of Washington — the carried interest tax exemption in the cross hairs, the latest on DOGE and an update…