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OCBC looks to balance net interest income growth with NIM impact ahead of interest rate cuts
The bank’s Q2 net profit rises 14% to S$1.94 billion; the earnings are the second-strongest on recordAHEAD of cuts to US interest rates, OCBC has noted the need to...
Likely September Fed rate cut will boost Asian bonds, equities: analysts
ANALYSTS continue to be positive on Asian fixed-income instruments and equities, after the US Federal Reserve chair Jerome Powell said a rate cut in September is “on the table”,...
Bank of England to finally cut interest rate?
THE Bank of England (BOE) announces its latest interest-rate decision on Thursday (Aug 1), with analysts split on whether it will cut for the first time since the Covid...
Hong Kong central bank keeps base rate unchanged as Fed holds steady
THE Hong Kong Monetary Authority (HKMA) left the base rate it charges through the overnight discount window at 5.75 per cent on Thursday (Aug 1), after the US Federal...
August rate cut on track as Philippine inflation may peak
THE Philippine central bank may still be on track to slash its key interest rate by at least a quarter percentage point in August amid expectations inflation would peak...
Gold scales two-week high as Fed nods to likely Sept rate cut
GOLD prices climbed to a two-week high on Thursday (Aug 1) as US Federal Reserve chair Jerome Powell opened the door to cutting interest rates as early as September.Spot...
Gold scales two-week high as Fed nods to likely September rate cut
GOLD prices climbed to a two-week high on Thursday (Aug 1) as US Federal Reserve chair Jerome Powell opened the door to cutting interest rates as early as September.Spot...
Singapore, Asia markets react to BOJ rate hike; STI rises 0.4%
SINGAPORE stocks rose on Wednesday (Jul 31), after the Bank of Japan (BOJ) lifted interest rates for the second time since 2007.The benchmark Straits Times Index (STI) expanded 0.4...
