Real Estate
Interest rates fall, but central banks are no longer in lock step
TWO years ago, central banks around the world were engaged in a battle against high inflation that resulted in an aggressive and synchronised jump in interest rates. Now, many...
Singapore swap rates set to narrow gap with US as MAS shift seen
SINGAPORE’S unusual approach to monetary policy will give traders a chance to profit from a narrowing gap between the local currency and US dollar interest-rate swaps.The difference between two-year...
Baht’s biggest rally since 1998 threatens Thai tourism, exports
THAILAND’S baht is on course for its biggest quarterly gain since the Asian financial crisis, threatening to derail a recovery in the nation’s key tourism and export industries.The currency’s...
Oil prices rise 2% after US rate cut
OIL prices rose by nearly 2 per cent on Thursday after the Federal Reserve’s large cut in US interest rates helped global benchmark Brent crude recover from its lowest in...
Europe: Shares advance as global markets cheer Fed’s outsized rate cut
EUROPEAN stocks jumped on Thursday after the US Federal Reserve delivered a 50-basis-point rate cut and flagged that further easing would be measured, raising hopes of a soft landing for...
Terraform Labs approved for bankruptcy wind-down after US SEC settlement
TERRAFORM Labs received court approval on Thursday (Sep 19) to wind down its operations in bankruptcy after agreeing to settle a US Securities and Exchange Commission (SEC) lawsuit accusing...
Bank of England hold rates, extends bond reduction plan
THE Bank of England held interest rates at 5 per cent on Thursday (Sep 19) and voted to run down its stock of British government bonds by another £100...
Britain needs finance sector strategy to tap foreign billions, report says
Britain needs to provide a “streamlined and organised system” led by a public-private council chaired by its finance ministerBritain could attract up to £7.7 billion (S$13.2 billion) in additional...
