Cut

IPOs in Europe set for handy boost from ECB rate cut, BofA says
IPOs in Europe set for handy boost from ECB rate cut, BofA says
THE historic interest rate cut by the European Central Bank on Thursday (Jun 6) might be just the boost the regional market for initial public offerings needs to spur...
Steady euro takes ECB rate cut in stride
Steady euro takes ECB rate cut in stride
THE euro wavered in a narrow range on Thursday (Jun 6) after the European Central Bank lowered rates from record highs after months of anticipation, ticking higher then briefly...
Most regional indices boosted by ECB rate cut expectations, but STI ends flat
Most regional indices boosted by ECB rate cut expectations, but STI ends flat
SINGAPORE equities ended Thursday (Jun 6) largely unchanged, as signs point to the European Central Bank (ECB) cutting interest rates for the first time since 2019.The benchmark Straits Times...
Asia: Markets track Wall Street record as US jobs fuel rate cut hopes
Asia: Markets track Wall Street record as US jobs fuel rate cut hopes
ASIAN markets extended a surge on Wall Street on Thursday (Jun 6) as another round of soft US jobs data ramped up bets on the Federal Reserve cutting interest...
Oil rises 1% as Fed rate cut optimism offsets demand fears
Oil rises 1% as Fed rate cut optimism offsets demand fears
OIL prices climbed 1 per cent on Wednesday (Jun 5), rebounding from four-month lows, as hopes of an interest rate cut by the US Federal Reserve in September outweighed...
Tesla’s China-made EV sales extend decline in May amid output cut
Tesla’s China-made EV sales extend decline in May amid output cut
SALES of Tesla’s China-made electric vehicles dropped 6.6 per cent from a year earlier to 72,573 units in May, extending a year-on-year decline for a second month, data from...
Europe: Shares kick-off June on a high note in anticipation of ECB rate cut
Europe: Shares kick-off June on a high note in anticipation of ECB rate cut
EUROPEAN shares rose for the third straight session on Monday (Jun 3), led by bond-proxy sectors, as investors looked to a near certain interest rate cut from the European...
Europe: Shares kick-off June on a high note in anticipation of ECB rate cut
European shares kick-off June on a high note in anticipation of ECB rate cut
EUROPEAN shares rose for the third straight session on Monday (Jun 3), led by bond-proxy sectors, as investors looked to a near certain interest rate cut from the European...
Choose bonds over stocks as central banks cut rates, says UBS Wealth Management
Choose bonds over stocks as central banks cut rates, says UBS Wealth Management
UBS’ giant wealth management arm is leaning towards bonds over stocks, arguing that the asset class is set for juicy returns with little risk as central banks cut interest...
Oil prices slip despite Opec+ production cut extension
Oil prices slip despite Opec+ production cut extension
OIL prices fell early on Monday (Jun 3), despite a move by producer group Opec+ to extend deep output cuts well into 2025.Brent futures for August delivery were down...