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BOJ signals room for interest rate hikes after price norm shift
BOJ signals room for interest rate hikes after price norm shift
Bank of Japan Governor Kazuo Ueda and his deputy indicated there is scope for gradually raising interest rates now that the nation has shifted away from an inflation norm...
Asia: Most markets rise as traders eye US inflation
Asia: Most markets rise as traders eye US inflation
MOST Asian markets rose on Monday, tracking a bounce on Wall Street at the end of a painful week for investors, with eyes now on the upcoming release of...
Gold prices hover near two-week low as rate cut bets ease
Gold prices hover near two-week low as rate cut bets ease
GOLD edged up on Monday (May 27) but was hovering near a two-week low hit in the previous session as investors pared expectations of a US interest rate cut...
Hot stock: Seatrium surges 10.4% amid heavy trading on S billion new contracts
Hot stock: Seatrium surges 10.4% amid heavy trading on S$11 billion new contracts
SHARES of Seatrium made a strong comeback at Monday’s (May 27) opening bell after the company secured S$11 billion worth of new contracts.The counter rose 10.4 per cent, or...
Australian pension funds eye niche private debt to boost returns
Australian pension funds eye niche private debt to boost returns
AUSTRALIA’S pension giants are looking to expand their private credit exposure to some nascent products, as the cash-flushed industry hunts for ways to diversify portfolios and boost returns. AMP,...
Fewer top women earners in British finance since pandemic: report
Fewer top women earners in British finance since pandemic: report
WOMEN make up a smaller proportion of top earners in British financial and professional services than before the Covid-19 pandemic, research from the London School of Economics and Political...
Aussie bulls face disappointment on long road to pandemic high
Aussie bulls face disappointment on long road to pandemic high
TRADERS hoping the Australian dollar will strengthen beyond a closely tracked level are set to be disappointed as optimism over China’s rebound fades and the local economy falters.The currency...
Gold expected to scale new heights
Gold expected to scale new heights
Gold price recorded a new all-time high on May 20, 2024, trading above the previous high of US$2,431 an ounce recorded in mid-April this year. The precious metal broke...
Families of Uvalde school shooting victims sue Meta, Microsoft, gunmaker
Families of Uvalde school shooting victims sue Meta, Microsoft, gunmaker
Families of the victims of the 2022 elementary school shooting in Uvalde, Texas, filed two lawsuits on Friday (May 24) against Instagram’s parent company Meta, Activision Blizzard and its...
Saudi Arabia plans Aramco share sale as soon as June: sources
Saudi Arabia plans Aramco share sale as soon as June: sources
SAUDI Arabia is planning a multi-billion-US dollar share sale in energy giant Aramco as soon as June in what would be one of the region’s biggest stock deals, two...