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Most base metals rise on China lending rate cuts, stimulus hopes
MOST nonferrous metals rose on Monday (Oct 21), buoyed by lending rate cuts in top consumer China and expectations of further stimulus to spur economic growth.
Three-month copper on the...
Canadian dollar falls for third week on jumbo rate cut bets
THE Canadian dollar steadied against its US counterpart on Friday (Oct 18)but was on track for its third straight weekly decline, as oil prices fell and investors bet on...
Fed’s Raphael Bostic sees no need to rush on rate cuts
ATLANTA Federal Reserve Bank of Atlanta president Raphael Bostic on Friday (Oct 18) made the case for patient reductions in the central bank’s policy rate to somewhere between 3...
China central bank chief flags more interest rate cuts
CHINA’S central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end...
Thai rate cut bodes well for rally in stocks, says bourse chief
Asadej Kongsiri’s optimism underscores relief in the market as a lower borrowing cost eases the pressure of a stronger bahtThe Thai central bank’s surprise rate cut is likely to...
S-Reits earnings, DPU likely to decline in Q3 despite interest rate cut
HIGHER interest costs are expected to continue weighing down the earnings and distribution per unit (DPU) of Singapore-listed real estate investment trusts (S-Reits) in the last quarter, despite the...
ECB is set to deepen global easing with rate cut it didn’t expect
THE European Central Bank (ECB) will probably advance the global push for monetary easing in the coming week with an interest-rate cut that policymakers had all but ruled out...
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
GOLD rose over 1 per cent on Friday (Oct 11) after a US inflation data cemented prospects of a rate cut next month, restraining the dollar below recent highs,...
