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Gold subdued as hopes for deeper Fed rate cut dim
GOLD prices were flat on Thursday (Aug 15) after a 1 per cent drop in the last session, as US data showing consumer prices rose as expected last month...
RBNZ aims to lower cash rate at measured pace, governor says
NEW Zealand’s central bank intends to reduce interest rates towards a more neutral setting at a measured pace, now that it has begun its easing cycle, Reserve Bank of...
Asia: Markets extend gains as US inflation data boost rate hopes
EQUITIES marched higher on Wednesday (Aug 14) after hopes for a Federal Reserve interest rate cut next month were boosted by data showing US wholesale prices rose less than...
Europe: Stoxx 600 hits two-week closing high as Fed rate cut bets strengthen
EUROPE’S benchmark stock index closed at a near two-week high on Tuesday (Aug 13), as growing hopes of an interest rate cut from the US Federal Reserve in September...
South Korea to set guidelines to speed up switch to new interest rate swaps benchmark: sources
SOUTH Korea plans to announce guidelines to encourage the use of an alternative benchmark in its US$4.3 trillion interest rate swap market and replace Certificate of Deposit (CD) rates...
Singapore stocks decline amid shift in interest rate expectations; STI down 0.8%
SINGAPORE stocks fell on Monday (Aug 12) amid a regional rally after intense market volatility last week. The Straits Times Index (STI) fell 0.8 per cent or 26.45 points...
Singapore banks keep guard against rate cuts, market volatility in Q2, but expect to remain strong
They have taken various measures to reduce their interest rate sensitivity, lower funding costs, and ensure enough capitalSINGAPORE banks continue to shore up against market volatility and impending rate...
Oil posts 3% weekly gains on positive economic data, rate cut hopes
OIL prices settled higher on Friday (Aug 9) and notched over 3.5 per cent in weekly gains as positive economic data and signals from Fed policymakers that they could...
