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Reserve Bank of Australia holds key rate at 12-year high, defying global easing
AUSTRALIA’S central bank held its key interest rate at a 12-year high on Tuesday (Sep 24) as it tries to subdue stubborn price pressures that are preventing it from...
Gold holds steady ahead of Fed decision
GOLD prices held steady on Wednesday (Sep 18) as market participants braced for an expected Federal Reserve move to cut interest rates for the first time in more than...
TSMC’s August revenue climbs 33% as AI chip demand holds up
TAIWAN Semiconductor Manufacturing Company’s (TSMC) revenue rose 33 per cent in August. Its sales reached NT$250.9 billion (S$10.2 billion), slowing from the previous month’s 45 per cent growth pace.Still,...
Gold holds below 1-week high ahead of US jobs data, heads for weekly gain
GOLD held below a one-week high on Friday and was on track for a weekly gain, as market participants focused on US jobs data that could shape the size...
Gold holds ground near record high as rate-cut bets build
GOLD prices were little changed on Wednesday (Aug 28), but held near a record high hit last week on prospects of imminent US rate cuts and safe-haven demand fuelled...
PBOC holds policy rate steady after warning on bond rally
CHINA’S central bank left a key interest rate unchanged, keeping a lid on a bond frenzy as it stays patient in supporting the economy.The People’s Bank of China (PBOC)...
Gold holds near record high as Fed minutes fuel rate-cut bets
GOLD hovered near all-time highs on Thursday (Aug 22) as minutes from the US Federal Reserve’s latest meeting cemented expectations of a September interest rate cut, with traders now...
Gold holds ground above US$2,500 on weaker dollar; markets await Fed minutes
GOLD prices held above the US$2,500 mark on Tuesday (Aug 20), buoyed by a weaker US dollar and Treasury yields, while traders awaited minutes of the Federal Reserve’s last...
