Rate
Rate cuts set gold on track for best quarter in eight years
GOLD prices were heading for their best quarter in more than eight years on Friday (Sep 27), having hit a series of record highs in recent sessions as the...
Federal Reserve’s Cook says she ‘wholeheartedly’ supported half-point rate cut
FEDERAL Reserve Governor Lisa Cook on Thursday endorsed the US central bank’s 50-basis-point interest-rate cut last week as a way to address increased “downside risks” to employment.“I whole heartedly...
T-bill cut-off yield falls to 2.97% in first auction after Fed announces rate cut
THE cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 2.97 per cent in the first auction after the US Federal Reserve announced it was cutting rates...
Bank of Japan policymakers divided on future rate hike pace, July minutes show
BANK of Japan policymakers were divided on how quickly the central bank should raise interest rates further, minutes of the bank’s July meeting showed, highlighting uncertainty on the timing...
US: Wall St opens subdued as investors await Fed rate clues, data
Wall Street had a subdued start on Wednesday (Sep 25), with investors awaiting further indicators on the state of the economy and potential interest rate reductions, a week after...
Sweden’s Riksbank cuts rate again and opens door to half-point move
SWEDEN’S Riksbank cut borrowing costs by a quarter point and raised the possibility of a bigger move in coming months in its bid to spur a listless economy.
The central...
Asia: Markets boosted again after another Chinese rate cut
MOST Asian markets built on a global rally on Wednesday as China announced another interest rate cut the day after unveiling a series of measures to boost the country’s...
China cuts another key interest rate to boost economy
CHINA’S central bank lowered the cost of its medium-term loans to banks on Wednesday in a move consistent with broad policy easing measures announced a day earlier to shore...
