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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...
Sony restructures leadership of key games business
SONY announced two company executives would take new leadership roles at its games unit with responsibility for the technology and content sides of the business.Hideaki Nishino will become CEO...
Singapore stocks buck decline in key regional markets; STI up 0.4%
THE Straits Times Index (STI) started the trading week with a rise of 0.4 per cent or 12.96 points to 3,303.66 after markets closed on Monday (May 13), making...
No surprise as Malaysia’s central bank holds key interest rate at 3%
[KUALA LUMPUR] Malaysia’s central bank maintained its benchmark interest rate at 3 per cent on Thursday (May 9), choosing not to follow the recent rate hikes by other South-east...
Swedish central bank lowers key rate, sees two more cuts this year
Sweden’s central bank cut its key interest rate to 3.75 per cent from 4.00 per cent on Wednesday (May 8) as expected, and said it was likely to cut...
Morgan Stanley strategists see inflation as key for path of US stocks
“MIXED” messages from key US economic data and the accompanying swings in stock markets mean investors should load up on defensive sectors such as consumer staples, according to Morgan...
RBA to keep key rate at 12-year high as inflation stirs anew
AUSTRALIA’S central bank will likely keep its key interest rate at a 12-year high and stick with it for much of the year to restrain inflationary pressures underpinned by...
Gold prices drift higher as Fed stands pat on key interest rate
GOLD prices edged higher on Thursday (May 2) after the US Federal Reserve kept its key interest rate steady, as expected, and indicated that it is still leaning towards...
