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Oil settles up over 1% on large draw from US crude stocks
OIL prices settled more than 1 per cent higher on Friday (Dec 27) and recorded a weekly gain in low trading volume ahead of year-end, buoyed by a larger-than-expected...
Euro, US dollar steady before ECB decision, Swiss franc falls on large rate cut
THE US dollar was broadly steady on Thursday (Dec 12) while the euro traded a touch higher before the European Central Bank’s monetary policy decision later in the day,...
Thai banking system has large excess liquidity: central bank
THAILAND’S banking system has large excess liquidity and the central bank has not tightened its lending supervision, an assistant governor said on Monday (Nov 25), reflecting banks’ reluctance to...
US: Wall St opens flat as US polls, Fed decision loom large
US STOCKS opened flat on Monday (Nov 4), as traders stayed away from large bets in an action-packed week in which Americans will elect a new president and the...
Fed officials leave door open to another large interest-rate cut
A HANDFUL of Federal Reserve officials on Monday (Sep 23) left open the door to additional large interest-rate cuts, noting that current rates still weigh heavily on the 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...
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