Cuts

RBNZ seen pushing back against bets on early interest-rate cuts
RBNZ seen pushing back against bets on early interest-rate cuts
NEW Zealand’s central bank may this week push back against investor bets that interest-rate cuts are coming, even though the economy has slumped into a double-dip recession.The Reserve Bank...
RBNZ seen pushing back against bets on early interest-rate cuts
RBNZ seen pushing back against bets on early interest-rate cuts
NEW Zealand’s central bank may this week push back against investor bets that interest-rate cuts are coming, even though the economy has slumped into a double-dip recession.The Reserve Bank...
OCBC cuts 2022 financed emissions in six ‘dirty’ sectors
OCBC cuts 2022 financed emissions in six ‘dirty’ sectors
OCBC : O39 0%’s financed emissions for six high-carbon emitting sectors in 2022 have declined, said its 2023 sustainability report released on Friday (Apr 5).The absolute emissions in the...
US: Wall St opens higher as recent data fuels hopes of rate cuts
US: Wall St opens higher as recent data fuels hopes of rate cuts
WALl Street’s main stock indexes opened higher on Thursday (Apr 4) as recent economic reports boosted the prospect of monetary policy easing later this year, while investors awaited policymakers...
Fed officials say three rate cuts a reasonable baseline for 2024
Fed officials say three rate cuts a reasonable baseline for 2024
TWO Federal Reserve officials who vote on monetary policy decisions this year said they still expect the US central bank to cut rates three times in 2024, though they...
Crypto’s memecoin fervour stalls as bets on Fed rate cuts recede
Crypto’s memecoin fervour stalls as bets on Fed rate cuts recede
SPECULATIVE zeal in the crypto market is faltering as the path to looser monetary policy in the US becomes more challenging.Coins earlier favoured by the meme-trading crowd such as...
Commodities: the asset class to watch amid looming rate cuts, macroeconomic uncertainty
Commodities: the asset class to watch amid looming rate cuts, macroeconomic uncertainty
COMMODITIES have typically been used by investors to help diversify their portfolios and as a buffer against macroeconomic shocks, but market watchers polled by The Business Times say investors...
Tesla China price hike meets slew of cuts from other carmakers
Tesla China price hike meets slew of cuts from other carmakers
CHINA’S automakers are piling in to take advantage of Tesla’s recent price hike and defend against Xiaomi’s disruptive market entry, offering sweeteners such as subsidies and coupons to lure...
ECB rate cuts totalling 100 points possible this year: Greek central banker
ECB rate cuts totalling 100 points possible this year: Greek central banker
THE European Central Bank (ECB) could possibly cut rates by a total of 100 basis points this year, but there is still no consensus within the eurozone’s central bank...
UBS cuts 2023 bonus pool by 14% after deal, trading slowdown
UBS cuts 2023 bonus pool by 14% after deal, trading slowdown
UBS Group cut its bonus pool for last year by 14 per cent after a tougher year for deal-makers and traders, as the Swiss bank increases its cost-saving targets...