US: Wall St opens higher as December rate cut bets strengthen
Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in…
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Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in…
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19 The Bank of Japan (BOJ) will…
Fed Chair Jerome Powell said last month that a further reduction in December was “not a foregone conclusion” MANY US Federal Reserve…
The central bank has spurned market expectations at half of its 10 policy meetings so far this year Bank Indonesia’s (BI) balancing act…
Governor Kazuo Ueda told Prime Minister Sanae Takaichi that the Bank of Japan is in the process of slowly dialling back its easing support…
A KEY Federal Reserve official said Monday that he supports a third consecutive interest rate cut by the US central bank in December, as…
EUROPEAN shares fell on Friday (Nov 14), as hawkish commentary from US policymakers dampened expectations of an imminent interest rate…
Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from…
WALL Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations…
EQUITIES rose in Asia on Wednesday as the US shutdown nears an end and after fresh jobs data boosted the chances of a third successive…
The Reit’s manager is upbeat about economic conditions in China, even though its recovery “may take time” China-focused BHG Retail Real…
GOLD rose on Friday as the dollar slid after private-sector job reports indicated weakness in the US labour market increasing expectations…
Malaysia’s central bank held its benchmark interest rate steady at its final policy review of the year on Thursday (Nov 6), as expected by…
ASIAN markets fluctuated on Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the…
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend…
A clutch of Federal Reserve bank presidents on Friday (Oct 31) aired their discomfort with the US central bank’s decision to cut interest…
Wall Street’s main stock indexes closed higher on Friday (Oct 31), with their biggest boost coming from Amazon’s upbeat earnings forecast,…
Gold prices edged higher on Friday (Oct 31), and were on track for a third straight monthly gain, as bargain hunting and a US Federal…
WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft…
EUROPEAN shares logged their third session of declines on Thursday as uncertainty over the future moves of central banks grew, while…
The company has invested heavily in data centres and chips to build and operate AI models capable of generating text or images and…
NOMURA said it now expects the US Federal Reserve to keep interest rates unchanged at its December policy meeting, following the central…
Focus now shifts to US President Trump’s meeting with Chinese leader Xi Jinping in South Korea later in the day Gold prices edged higher…
Research by Stewardship Asia Centre also highlights a disconnect between investors and corporates on key priorities Transparency has…