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World Bank backs Thai central bank in keeping rate steady
World Bank backs Thai central bank in keeping rate steady
The World Bank said Thailand should wait for a clearer picture of the economy before easing monetary conditions, effectively backing the central bank’s interest-rate policy against the government’s calls...
Asia: Markets track Wall Street records as Powell revives rate hopes
Asia: Markets track Wall Street records as Powell revives rate hopes
ASIAN stocks rose on Wednesday following fresh records on Wall Street after Federal Reserve chief Jerome Powell fanned hopes of an interest rate cut by saying the battle against...
Europe: Stocks slide as French election, rate nerves persist
Europe: Stocks slide as French election, rate nerves persist
EUROPEAN stocks fell to two-week lows on Tuesday as the relief rally in French shares following the first round of parliamentary elections faded, while data pointed to elevated services...
US: Nasdaq, S&P 500 open higher as cool inflation data lifts rate cut bets
US: Nasdaq, S&P 500 open higher as cool inflation data lifts rate cut bets
The tech-heavy Nasdaq and the benchmark S&P 500 opened higher on Friday (Jun 28) as a report closely watched by the Federal Reserve showed inflation moderating in line with...
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Bank Negara Malaysia says the ringgit has “significant potential to appreciate and be among the top beneficiaries of US rate cuts”The Malaysian ringgit is set to extend gains into...
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Ringgit rebound set to ride on recovering exports, Fed rate cuts
Bank Negara says the Malaysian currency has ‘significant potential to appreciate and be among the top beneficiaries of US rate cuts’The Malaysian ringgit is set to extend gains into...
Australian dollar saved by rate hike bets, bonds hammered
Australian dollar saved by rate hike bets, bonds hammered
THE Australian dollar fell back against a strong US dollar on Thursday but held at 17-year highs on the battered yen, while domestic bonds were hammered by risks of...
HDB’s June BTO exercise draws keen interest with application rate over 3 times
HDB’s June BTO exercise draws keen interest with application rate over 3 times
IN THE last exercise before the classification of Housing and Development Board (HDB) Build-To-Order (BTO) flats changes, the number of applicants in June jumped by more than 100 per...
Australia’s faster inflation raises risk of RBA rate hike
Australia’s faster inflation raises risk of RBA rate hike
AUSTRALIA’S inflation accelerated faster than expected in May, sending the currency higher as traders boosted bets the Reserve Bank of Australia (RBA) will resume raising interest rates at its...
Total Wages in Singapore Grew at a Moderate Rate in 2023: Official Data
Total wage growth in Singapore continued to rise in 2023, albeit at a more moderate pace when compared to 2022, official data showed.According to the latest statement by the...