Real Estate
BOJ leaning toward exiting negative rates in March, according to sources
A GROWING number of Bank of Japan policymakers are warming to the idea of ending negative interest rates this month on expectations of hefty pay hikes in this year’s...
Moody’s places embattled lender NYCB on ‘review for upgrade’
RATINGS agency Moody’s said on Thursday it had changed the direction of its rating view of New York Community Bancorp (NYCB) to “review for upgrade” from “review for downgrade”....
US: Stocks hit fresh records as Powell signals rate cuts ahead
STOCKS on Wall Street closed higher, with both the S&P 500 and the Nasdaq finishing at new records amid a midweek bounce fueled by tech stocks including Nvidia. Remarks by Federal Reserve...
Goldman Sachs expects US buybacks to top US$1 trillion in 2025
GOLDMAN Sachs expects US share buybacks to exceed US$1 trillion for the first time in 2025, driven by strong earnings growth from technology companies and looser financial conditions as...
Saudi Arabia moves US$164 billion Aramco stake to wealth fund
SAUDI Arabia’s government transferred a further US$164 billion stake in Aramco to the Public Investment Fund (PIF), a move aimed at bolstering cashflow at the state-backed investor that’s been...
ECB keeps rates on hold but acknowledges some inflation cooling
THE European Central Bank kept borrowing costs at record highs on Thursday (Mar 7) but took a first, small step towards lowering them, saying inflation was easing faster than...
China scrutinises bond buying at smaller banks as market soars
CHINESE regulators are scrutinising regional banks’ bond investments amid concern that they are speculating on the securities rather than lending to boost the economy, according to people familiar with...
Japan’s fair trade watchdog says Nissan underpaid subcontractors
JAPAN’S fair trade watchdog said on Thursday (Mar 7) Nissan Motor had violated the subcontractor act by underpaying dozens of suppliers by about 3 billion yen (S$27.09 million) in...
