Policy
US: Wall St opens higher as markets await data, policy changes
WALL Street’s main indexes opened higher on Friday (Jan 3), as investors kept a close eye on upcoming economic data and geared up for potential policy shifts under the...
Gold kicks off 2025 on positive note, Fed and Trump policy in focus
GOLD kicked off the New Year on a positive note after a stellar 2024, as market participants waited for more clues on the US Federal Reserve’s interest rate outlook...
Oil prices firm on hopes of US policy support for economic growth
OIL prices inched higher on Monday (Dec 23), along with other risk assets, after US data showed cooling inflation, reviving hopes of further policy easing next year that will...
Bank of Japan bids final farewell to Kuroda’s radical policy experiment
IN RARE criticism of its past policies, the Bank of Japan said former governor Haruhiko Kuroda’s stimulus did not change consumer psychology as much as planned, continuing a symbolic...
China keeps policy loan rate unchanged for second month
CHINA’S central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus. The People’s Bank of...
Bank of Korea survey shows concerns emerging on US policy change risk
A BANK of Korea (BOK) survey shows US policy risks have emerged as a major concern for local financiers and experts, following the presidential election.Roughly 56 per cent of...
How a strong US dollar and Trump policy hit Asian, trade-exposed currencies
IN THE past month, the US dollar has strengthened against several Asian currencies – spelling bad news for the region’s trade sectors, while offering limited benefits to its tourism...