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Asia: Markets fall after US data dent rate cut hopes
MARKETS fell in Asia on Friday, tracking a sell-off on Wall Street sparked by a string of better-than-expected US data that added to worries the Federal Reserve will hold...
Australian, New Zealand dollars on defensive, markets run away from rate cuts
THE Australian and New Zealand dollars were ending the week on the defensive on Friday as upbeat economic data lifted their US counterpart, while debt markets further lengthened the...
Aussie, NZ dollars on defensive, markets run away from rate cuts
THE Australian and New Zealand dollars were ending the week on the defensive on Friday as upbeat economic data lifted their US counterpart, while debt markets further lengthened the...
Europe: Stoxx 600 ends flat as rate worries offset AI cheer
EUROPEAN stocks closed flat on Thursday as signs of improving economic activity prompted investors to scale back expectations for interest rate cuts this year and tempered optimism around strong forecasts...
South Korea extends rate pause, raises growth outlook
SOUTH Korea’s central bank kept its benchmark policy rate steady for an 11th straight meeting on Thursday as the economy showed no signs of slowing while inflation has begun...
US Federal Reserve’s rate meeting minutes show growing inflation concerns
A STRONG US economy and an uptick in inflation led the Federal Reserve’s rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its...
US Federal Reserve’s rate meeting minutes show growing inflation concerns
A STRONG US economy and an uptick in inflation led the Federal Reserve’s rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its...
Bank Indonesia keeps rate steady after surprise hike in April
[JAKARTA] The recent stability of the rupiah has provided Indonesia’s central bank with the leeway to maintain its benchmark interest rate on Wednesday (May 22), following an unexpected hike...
