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Indonesia sees growing rate cut bets ahead of meeting next week
An increasing number of economists see a chance that Indonesia’s central bank could lower its policy rate as early as next week, sooner than the fourth quarter timeline that...
Asia: Most markets rise as traders gear up for Fed rate cut
ASIAN markets mostly rose on Friday and the yen sat around nine-month highs after another healthy day on Wall Street as investors gear up for an expected US interest...
Gold hits successive record highs ahead of expected Fed rate cut
Gold rose to a record high, building on a surge of nearly 2 per cent on Thursday, as the dollar extended declines ahead of a widely expected Federal Reserve...
Bank of Korea to consider timing for rate cut while keeping policy tight
THE Bank of Korea (BOK) said it will consider the timing to reduce its benchmark interest rate while keeping its policy restrictive, suggesting its cautious approach remains ahead of...
Euro gains as ECB’s Lagarde pushes back on October rate cut
The euro rose against the US dollar on Thursday (Sep 12) after European Central Bank (ECB) president Christine Lagarde dampened expectations for an interest rate cut next month and...
US: Wall St opens muted after hot PPI keeps smaller rate cut in view
Wall Street’s main indexes were subdued at the open on Thursday (Sep 12) as a hot producer prices reading kept a smaller 25-basis point interest rate cut by the...
Fed to cut big banks’ capital hike in half in sweeping overhaul
US regulators will make sweeping changes to their bank-capital rules proposal, cutting the expected impact to the biggest banks by half and exempting smaller lenders from large portions of...
China dives back into euro debt market amid likely ECB rate cut
CHINA is returning to the international debt market after a three-year hiatus, planning to sell euro-denominated bonds amid a likely interest rate cut by the European Central Bank (ECB).The...
