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Asia: Markets mixed ahead of key Fed announcement
Asia: Markets mixed ahead of key Fed announcement
ASIAN markets were mixed on Tuesday as traders shifted nervously while awaiting the Federal Reserve’s policy decision and the release of US inflation data, while the euro struggled to...
Access fully restored to key channel after Baltimore bridge debris removed
Access fully restored to key channel after Baltimore bridge debris removed
US FEDERAL agencies said on Monday they have restored full access for commercial maritime transit through the Port of Baltimore after the removal of 50,000 tons of debris from...
Gold steadies after slide below key US,300 level
Gold steadies after slide below key US$2,300 level
GOLD prices steadied on Monday (Jun 10) following a slide below the key US$2,300 level in the previous session on stronger-than-expected US jobs data that doused expectations for an...
British fintech Revolut views Asia-Pacific as key for expansion
British fintech Revolut views Asia-Pacific as key for expansion
THE Asia-Pacific region is one of the keys for global expansion at London-based Revolut, including markets such as Australia, New Zealand and Singapore, according to the fintech company’s head...
AI Seoul Summit: 4 Key Takeaways on AI Safety Standards and Regulations
The AI Seoul Summit, co-hosted by the Republic of Korea and the U.K., saw international bodies come together to discuss the global advancement of artificial intelligence. Participants included representatives...
Microsoft’s UAE deal could transfer key US chips and AI technology abroad
Microsoft’s UAE deal could transfer key US chips and AI technology abroad
MICROSOFT president Brad Smith said the tech company’s high-profile deal with the United Arab Emirates-backed artificial intelligence (AI) firm G42 could eventually involve the transfer of sophisticated chips and...
China’s central bank leaves key policy rate unchanged
China’s central bank leaves key policy rate unchanged
CHINA’S central bank extended a key policy loan at the same borrowing cost, signalling an intention to aid a nascent economic recovery without adding pressure on the yuan.The People’s...
China’s central bank leaves key policy rate unchanged
China’s central bank leaves key policy rate unchanged
CHINA’S central bank left a key policy rate unchanged when rolling over maturing medium-term lending facility (MLF) loans on Wednesday, in line with market expectations.The steady MLF rate shows...
Asia: Traders bide their time ahead of key US inflation data
Asia: Traders bide their time ahead of key US inflation data
ASIAN investors shifted cautiously on Tuesday ahead of the release of key US inflation data that could have a huge bearing on the fate of Federal Reserve interest rate...
Gold prices flat ahead of key US inflation data
Gold prices flat ahead of key US inflation data
GOLD prices were flat on Tuesday (May 14), as investors awaited key US inflation data that could provide more clues on the Federal Reserve’s policy path.Spot gold was steady...