Rate
Hong Kong central bank cuts interest rate, tracks Fed move
THE Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25 per cent, tracking a move...
Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
OIL prices slipped lower on Wednesday as a rate cut announcement from the Federal Reserve raised worries about the health of the US economy, while investors largely shrugged off a...
Europe: Shares end lower with Fed’s big rate verdict in focus
EUROPEAN shares closed lower on Wednesday, as investors refrained from risk-taking ahead of an all-important interest rate decision by the US Federal Reserve that could mark the beginning of...
US: Stocks end modestly lower after big Fed interest rate cut
WALL Street stocks finished modestly lower on Wednesday after the Federal Reserve announced an interest rate cut of half a percentage point, ending days of speculation about the size of the...
US Fed delivers oversized rate cut as it gains ‘greater confidence’ about inflation
THE Federal Reserve on Wednesday kicked off what is expected to be a series of interest rate cuts with an unusually large half-percentage-point reduction, a move aimed at boosting...
US: Wall St opens higher as markets anticipate Fed’s first rate cut in four years
Wall Street’s main indexes opened slightly higher on Wednesday (Sep 18), as the Federal Reserve was widely expected to deliver its first interest rate cut in more than four...
Australian shares end off record high ahead of Fed rate decision
Australian shares ended flat on Wednesday (Sep 18) after hitting a record high, as a fall in miners offset gains in financials, while investors assessed the odds of a...
Asia: Markets fluctuate on uncertainty over Fed rate plan
ASIAN markets swung between gains and losses on Wednesday (Sep 18) as traders tried to ascertain how big an expected Federal Reserve interest rate cut would be later in...
