Culture
Europe: Stocks muted as investors gauge US interest rate outlook
EUROPEAN stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the US interest rate…
Tag
interest
Culture
ST Engineering divests entire equity interest in US-based construction manufacturer LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST…
Culture
US Fed official says open to July interest rate cut
A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald…
Culture
Wing Tai Properties sells entire equity interest in Topworth Enterprises for £43 million
Wing Tai Properties announced on Monday (Jun 23) that its indirect wholly owned Europe subsidiary had sold British Virgin…
Culture
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc. The quarter-point…
Culture
StanChart brings maximum interest rate on savings account to record 8.05%
While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an…
Culture
Reit privatisation unsurprising amid higher-for-longer interest rates, but investment opportunities remain: SGX equities head
Real estate investment trusts (Reits) being taken private is unsurprising as the sector is facing some challenges, but investment…
Culture
JPMorgan says interest income could rise this year even as uncertainty persists
JPMorgan Chase could earn more from interest payments this year as consumers and businesses remain resilient despite economic uncertainty,…
News
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…
Culture
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…
Culture
‘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…
News
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…
Culture
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
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…
News
Bank of England Cuts Interest Rates as British Economy Weakens
The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain…
Lifestyle
Tom Brady says he enjoys being tested by new broadcasting and Raiders co-ownership roles
Tom Brady is widely acknowledged as the greatest quarterback of all time. His knack for performing in the clutch and winning Super Bowls…
Lifestyle
Kevin Durant Has No Interest in Returning to Golden State Warriors: Report
By Ricardo Sandoval is a Newsweek contributor based in Los Angeles, CA. His focus is sports content. Ricardo has been with Newsweek since…
Lifestyle
Senate panel backs Kennedy's nomination as health secretary
Robert F. Kennedy Jr., President Trump’s nominee to lead the sprawling federal bureaucracy responsible for the healthcare of millions of…
Fashion
Private markets to draw more investor interest this year: survey
This follows the Fed’s move to start cutting interest rates last September, prompting some investors to shift their allocations away from…
News
Fed Meeting Live Updates: Interest Rates Remain Steady
The Federal Reserve left interest rates unchanged on Wednesday, as the central bank turned cautious on further cuts amid a sturdy economy…
News
Bank of Japan Raises Interest Rates to Highest Level Since 2008
In a number of ways, Japan’s economy seems to have gone back in time. Inflation and wage growth are mostly back where they were in the…
Culture
ECB policymakers line up behind further interest rate cuts - The Business Times
EUROPEAN Central Bank policymakers lined up behind further interest rate cuts on Wednesday (Jan 22), indicating that next week’s reduction…
Culture
Alternative asset classes regain favour as interest rates tick down - The Business Times
Rate cuts are just one of the many factors driving investors to seek returns outside of equities THE cutting of interest rates by the US…
News
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stocks and bonds tumbled on Friday, as investors’ worries over the scale of government borrowing were amplified by signs of stubborn…