Cuts
US dollar’s resilience in face of Fed cuts disappoints traders
Traders betting big on a weaker US dollar are facing disappointment – at least for now – as the greenback remains resilient following the Federal Reserve’s half-point interest-rate cut.Despite...
US dollar’s resilience in face of Fed cuts disappoints traders
Traders betting big on a weaker US dollar are facing disappointment – at least for now – as the greenback remains resilient following the Federal Reserve’s half-point interest-rate cut.Despite...
Oil ends week higher as investors take stock of Fed rate cuts
Oil prices settled lower on Friday (Sep 20) but recorded a second straight week of gains, garnering support from a US interest rate cut and a dip in US...
Philippine central bank cuts banks’ reserve requirement ratios from Oct 25
The reserve requirement ratios (RRR) for universal and commercial banks will be cut by 250 basis points to 7%The Philippine central bank said on Friday (Sep 20) it will...
HSBC cuts key rate in Hong Kong for the first time since 2019
HSBC Holdings cut its key benchmark rate in Hong Kong for the first time since 2019, a move likely to hit margins while bringing relief to homeowners and borrowers...
Hong Kong central bank cuts interest rate, tracks Fed move
THE Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25 per cent, tracking a move...
Bitcoin fluctuates after Fed cuts for first time in four years
BITCOIN was little changed after the US Federal Reserve reduced borrowing rates for the first time since the Covid pandemic paralysed the economy more than four years ago and...
Oil prices settle up on supply shocks, prospect of US interest rate cuts
OIL prices rose by a US dollar a barrel on Tuesday (Sep 17) as supply disruptions mounted and traders bet that demand will grow if the US Federal Reserve...
How StarHub’s new solution fast-tracks digital transformation, cuts costs
IN Singapore’s thriving financial landscape, embracing digital change offers significant potential. Deloitte’s research shows that successful digital upgrades could add up to US$1.25 trillion (S$1.68 trillion) in market value...
