Business
US: Wall St opens higher as Fed rate cut expectations firm
Wall Street’s main indexes opened higher on Monday (Sep 8), rebounding from the previous session’s decline, amid hopes that the Federal…
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Rate
Business
Bank of America sees two US Fed rate cuts this year vs none before
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak…
Business
Singapore stocks rally as investors price in September Fed rate cut; STI up 0.2%
The local bourse logged gains for a second straight day on Friday (Sep 5), closing higher alongside regional markets amid expectations…
Politics
Mike Johnson Totally Deflects When Asked About His State’s Crime Rate
During a Thursday CNN appearance, Daskalakis advised senators to ask Kennedy at his appearance before the Senate Finance Committee next…
Business
US Fed’s Alberto Musalem says more data is needed to decide whether a September rate cut is warranted
St Louis Fed president Alberto Musalem said on Friday (Aug 22) that he will need more data before deciding to support a rate cut at the…
Business
PBOC signals no urgency for rate cuts despite poor economic news
China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even…
Business
US: S&P 500, Nasdaq hit record highs at open on September rate cut hopes
Wall Street’s main indexes opened higher on Wednesday (Aug 13) with the benchmark S&P 500 and the Nasdaq hitting record highs, underpinned…
Business
US: Nasdaq posts record closing high with tech gains, rate cut optimism
US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday (Aug 8) as technology-related…
Business
Asia: Investors walk fine line as Trump tariffs temper rate hopes
Asian investors trod warily on Wednesday amid lingering uncertainty over Donald Trump’s trade war, while another round of data indicated…
Business
Asia: Markets track Wall Street rally on Fed rate cut bets
Stock markets rose on Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite…
Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
Business
Bank of England rate cuts deliver £11 billion hit to households
Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing…
Business
What is the Interest Rate for Pre-Settlement Funding?
Pre-settlement funding offers a financial lifeline to plaintiffs awaiting compensation from personal injury claims or lawsuits. The…
Business
UK firms struggle to grow as BOE rate decision approaches
The S&P Global UK Composite Purchasing Managers’ Index (PMI) slowed to 51.0 points from 52.0 in June British business activity grew only…
News
What is the Divorce Rate for Gen Z?
Divorce, once considered a taboo subject shrouded in stigma and secrecy, has undergone a profound transformation in societal perception…
Business
Small but rising Japanese opposition party warns against near-term BOJ rate hike
The Bank of Japan should hold off raising interest rates until the economy achieves a stronger recovery, Sohei Kamiya, head of the small…
Business
Mexico headline inflation seen easing in June with core rate climbing: Reuters poll
BUENOS AIRES/MEXICO CITY (Reuters) -Mexican headline inflation likely eased in June after rising for four straight months, though core…
Business
Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial…
Business
Top S-Reits with lowest gearing ratios average 33.5% as investors await rate cuts
[singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite…
Business
Bank of England’s policymaker warns neutral rate question can’t be avoided
Bank of England (BOE) policymaker Alan Taylor said UK officials cannot sidestep the question of where interest rates will settle, in a…
Politics
Manipulated chart misleads on migration rate in Canada
Canada announced it would be readjusting its immigration strategy, but a widely shared graph supposedly depicting a large increase in new…
Business
US: S&P 500, Nasdaq hit record closing highs amid trade negotiations, rate cut bets
Wall Street extended its rally on Friday (Jun 27), sending S&P 500 and Nasdaq to all-time closing highs as trade deal hopes fuelled…
Business
S-E Asia’s e-commerce platform gross merchandise value growth rate eases: report
South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as…
Business
Gold heads for weekly fall as fewer Fed rate cut prospects weigh
GOLD prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest…