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Wall Street ends lower after Powell erodes hopes for December rate cut
Wall Street’s main indexes closed lower on Thursday (Nov 14) after Federal Reserve chair Jerome Powell dampened investor hopes for another interest rate cut this year by saying the...
Japan’s megabanks see record annual profit after bumper Q2 as rate hikes boost margins
JAPAN’S three megabanks raised their annual profit forecasts to all-time highs on Thursday (Nov 14), fuelled by robust lending demand and higher margins following a July interest rate hike...
CapitaLand Ascott Trust’s divestments could help it buffer against higher-for-longer interest rate scenario
It should seize opportunities available in market, as long as exit yields remain favourableTHE managers of CapitaLand Ascott Trust (Clas) have announced a flurry of divestments for the lodging...
Keppel Reit prices A$50 million floating rate green notes due 2027
The net proceeds, after deducting issue expenses, will be fully used towards refinancing projects that meet its green financing framework criteriaKEPPEL Reit has priced its offering of A$50 million...
Vietnam central bank ready to sell US dollars to keep exchange rate stable
VIETNAM’S central bank is ready to sell US dollars to the market to keep the exchange rate stable, governor Nguyen Thi Hong said on Monday (Nov 11).“The exchange rate...
Bank of Japan hints at caution on rate hike with no clear December hint
BANK of Japan (BOJ) board members discussed the need for caution on raising its benchmark rate and offered no clear hint of a move next month, a summary of...
US: Wall St opens flat as rally from Trump win, rate cut cools
WALL Street opened on a muted note on Friday (Nov 8), as a rally powered by a sweeping Trump win and an expected interest-rate cut paused, with the main...
US Fed’s rate cut brings ‘relief’ to Asian markets, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on Trump’s policiesTHE latest rate cut by the US Federal Reserve is expected to bring “some relief” to...
Fed’s rate cut brings ‘relief’ to Asian markets with STI hitting 17-year high, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on the new president’s policiesTHE latest rate cut by the US Federal Reserve is expected to bring “some...