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Wall Street Hits New Highs as Rate Cut Bets Rise Despite Trade Tensions
US stock markets showed positive movement on Friday. The S&P 500 added 32.05 points, or 0.52%, to end the session at 6,173.07, and the Nasdaq rose 105.55 points, also...
US: S&P 500, Nasdaq hit record closing highs amid trade negotiations, rate cut bets
[NEW YORK] Wall Street extended its rally on Friday (Jun 27), sending S&P 500 and Nasdaq to all-time closing highs as trade deal hopes fuelled investor risk appetite and...
Asia: Stocks climb, dollar holds on trade hopes and rate bets
[HONG KONG] Asian markets rose on Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US interest rate cuts.Easing concerns about...
Europe: Stocks muted as investors gauge US interest rate outlook
EUROPEAN stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signals on the US interest rate trajectory.The pan-European Stoxx 600 index closed up 0.09 per cent at...
S-E Asia’s e-commerce platform gross merchandise value growth rate eases: report
[SINGAPORE] South-east Asia’s total e-commerce platform gross merchandise value (GMV) grew at a slower rate of 12 per cent year on year in 2024, as the leading platforms focused...
Bank of Japan board divided over rate pause and inflation risks, June summary shows
[TOKYO] Some Bank of Japan (BBOJ) policymakers called for keeping interest rates steady for the time being due to uncertainty over the impact of US tariffs on Japan’s economy,...
Sembcorp unit prices S$300 million fixed rate notes at 3.55%
The offering is close to seven times oversubscribed against the target issuance size [SINGAPORE] Sembcorp Industries announced on Wednesday (Jun 25) that its wholly owned subsidiary Sembcorp Financial Services...
US Fed official says open to July interest rate cut
[WASHINGTON] A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald Trump’s sweeping tariffs remain...
