eases
US dollar eases after hitting highest in two weeks, US job data looms
THE US dollar edged down on Monday (Sep 2) but remained within striking distance of its highest level in almost two weeks as investors’ focus moved to a US...
US Fed sets large bank capital levels after stress tests, eases on Goldman’s level
THE US Federal Reserve announced on Wednesday it had set the latest capital cushions for large banks following June’s annual stress tests, but agreed to shrink Goldman Sachs’ burden.The new...
Panama Canal eases limits that caused global shipping bottleneck
THE Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalise after a severe drought.
The Panama Canal Authority increased the draft in the...
Indonesia eases local content requirement for solar power plants to 20%, official says
INDONESIA said on Monday (Aug 12) it has cut the minimum local content requirement for solar power plants to 20 per cent from around 40 per cent previously, as...
US: Wall Street opens higher as jobs data eases slowdown fears
WALL Street’s main indices opened higher on Thursday (Aug 8), bolstered by better-than-expected labour market data that eased worries of a slowdown in the world’s largest economy.The Dow Jones...
Meta begins blue-chip bond sale as market volatility eases
META Platforms is selling investment-grade bonds, which will boost its cash pile as the company spends heavily on artificial intelligence.
The Facebook and Instagram parent company on Wednesday (Aug...
PBOC eases support for yuan as short covering fuels rebound
THE People’s Bank of China (PBOC) pulled back its daily support for the yuan to the lowest in a year on Wednesday (Aug 7), at least by one measure.The...
Gold eases as profit-taking counters rate-cut bets
GOLD prices eased on Monday (Aug 5) amid profit-taking, but recession worries and rising expectations of United States interest rate cuts limited further downside.Spot gold was down 0.1 per...
