Interest
Oil posts weekly loss as interest rate policy spurs fuel demand worries
Oil prices rose about 1 per cent on Friday (May 24), but fell for the week on worries that strong US economic data would keep interest rates elevated for...
Cromwell E-Reit sponsor to divest all interest in managers, Reit for 280 million euros
CROMWELL Property Group, the sponsor of Cromwell European Real Estate Investment Trust (Cromwell E-Reit), entered into a binding agreement to divest all its stake in the Reit and its...
Seatrium to pay US$68 million linked to interest following arbitration
SEATRIUM said on Tuesday (May 21) that it has agreed to pay US$68 million to MH Wirth to make good on the interest payable and all outstanding issues arising...
Oil eases on worries about US inflation, interest rates
OIL prices eased less than 1 per cent on Monday as US Federal Reserve officials said they were awaiting more signs that inflation was declining before the central bank...
Europe: Shares eke out gains amid interest rate uncertainty
EUROPEAN shares ended marginally higher on Monday, with defence stocks in the lead, but gains remained in check as investors awaited economic data against an uncertain backdrop on the...
JPMorgan raises 2024 interest income forecast to US$91 billion
JPMORGAN Chase on Monday (May 20) raised its forecast for net interest income (NII), or the difference between what it makes on loans and pays out on deposits, to...
S-Reit DPUs remain weak in Q1 but sector expected to ride out interest rate woes
REAL estate investment trusts (S-Reits), including property trusts, logged a sluggish performance in the first quarter of 2024 as sector headwinds of high interest rates and a strong Singapore...
US Fed officials suggest interest rates should stay high for longer
SEVERAL Federal Reserve officials said the central bank should keep borrowing costs high for longer as policymakers await more evidence inflation is easing, suggesting they are not in a...
