Business
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut…
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ratecut
Business
Gold gains for fourth day on softer dollar, Fed rate-cut optimism
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US…
Business
Australian shares notch record closing high as jobless spike fuels rate-cut bets
Australian shares rose to a record close on Thursday (Oct 16), driven by strong gains in financials, property and gold stocks after an…
Business
US: Wall Street opens higher after inflation data calms rate-cut jitters
Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing…
Business
US: S&P 500, Nasdaq hit record highs on boosted rate-cut bets
The S&P 500 and the Nasdaq hit intraday record highs at the open on Wednesday (Sep 10), after cooler-than-expected producer inflation data…
Business
Nasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested…
Business
US Fed rate-cut expectations climb following weak job market report
Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and…
Business
Gold hovers near record high on US rate-cut hopes, soft dollar
Gold prices climbed to a more than four-month high on Tuesday (Sep 2), inching closer to the all-time high touched in April, supported by…
Business
US: Dow hits record high at open on rate-cut optimism, UnitedHealth boost
The blue-chip Dow opened at a record high on Friday (Aug 15), as UnitedHealth’s shares jumped after Berkshire Hathaway raised its stake in…
Business
Asia: Most markets rise as US data feeds rate-cut hopes
Asian shares mostly rose on Thursday after soft US economic data boosted expectations the Federal Reserve will soon cut interest rates and…
Business
Investors still harbour hope of Fed’s Powell giving a rate-cut the thumbs up
THE S&P 500 plunged into a bear market in April, then staged an epic recovery, and now the US Federal Reserve will reveal which was the…
Business
Thai bonds see rush of inflows on rate-cut bets, gold prices
Thailand’s bond market is on course for its best monthly inflows in more than three years, helped by interest-rate-cut bets and a stronger…
Business
Japanese investors boost foreign stock purchases on Fed rate-cut hopes
JAPANESE investors raised their holdings in foreign stocks, driven by a benign US core inflation report that fuelled expectations of…
Business
Gold hits over one-month peak on Fed rate-cut hopes
GOLD prices hit more than one-month highs on Thursday (Jan 16) in early Asian hours after data showed US core inflation rose less than…
Business
Rate-Cut Decision Was Narrow, Fed Minutes Show
Federal Reserve officials cut interest rates as expected last month. But minutes from their December meeting suggest that the decision was…
Business
Gold rises for fifth day as US data lifts Fed rate-cut bets
GOLD nudged higher for a fifth straight session on Thursday (Dec 12) to hover near a more than two-week peak, supported by increased…
Business
Singapore stocks rise amid Fed rate-cut hopes; STI up 0.4%
SINGAPORE shares reversed earlier losses to close in the green on Thursday (Dec 12), with Asia-Pacific markets mostly in positive…
Business
US: Wall St opens higher after inflation data solidifies rate-cut bets
Wall Street’s main indexes opened higher on Wednesday (Dec 11) after an in-line inflation reading kept intact bets on the Federal Reserve…