Rate
Gold extends gains on Fed rate cut, but heads for weekly fall
GOLD prices inched higher on Friday (Nov 8), extending gains spurred by the US Federal Reserve’s widely anticipated quarter-point rate cut amid a cooling labour market and solid economic...
Sweden central bank makes biggest rate cut since 2014
SWEDEN’S central bank made its biggest interest rate cut since 2014 on Thursday (Nov 7) and signalled more reductions were forthcoming to kickstart the Nordic country’s economy.
The Riksbank lowered...
Vietnam sets dong fix rate at record low amid US dollar strength
VIETNAM set its reference rate for the dong at a record low, setting the stage for more weakness in the South-east Asian nation’s currency as the US dollar’s surge...
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownershipTHE news that Frasers Hospitality Trust’s (FHT) wholly owned Australian subsidiary, FHT Australia...
Frasers Hospitality Trust’s hit by sudden jump in Aussie tax rate serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownershipTHE news that Frasers Hospitality Trust’s (FHT) wholly owned Australian subsidiary, FHT Australia...
Recent US economic data points to a concerned Fed opening the door to series of rate cuts
BAD news is good news again. And the worse tidings that US Federal Reserve chairman Jerome Powell can bring about for US economic prospects, the bigger the welcome his...
Philippines inflation matches estimate, gives room for rate cuts
PHILIPPINE inflation quickened in October but within market expectations, giving the central bank room to sustain its easing cycle.Consumer prices rose 2.3 per cent year on year in October...
Gold steadies as investors brace for US election and potential rate cuts
GOLD prices held steady on Monday (Nov 4), as investors prepared for a crucial week for the global economy, marked by the US presidential election and the likelihood of...
