Rate
Kiwi looks to RBNZ rate decision to build on bullish momentum
NEW Zealand’s dollar is poised to extend recent gains and rally towards its March high as concern over elevated inflation damps expectations for interest-rate cuts this year.
S-Reit DPUs remain weak in Q1 but sector expected to ride out interest rate woes
REAL estate investment trusts (S-Reits), including property trusts, logged a sluggish performance in the first quarter of 2024 as sector headwinds of high interest rates and a strong Singapore...
Europe: Shares end lower on rate cut jitters; Richemont shines
EUROPEAN shares closed lower on Friday, as investors turned cautious following remarks from a policymaker on the outlook for monetary policy, while Richemont logged its best day in over...
Gold prices set for second weekly gain on Fed rate outlook
GOLD prices held steady on Friday (May 17) and were on track for a second consecutive weekly gain, as recent US economic data prompted traders to raise bets of...
Oil up after US economic data strengthens rate cut expectations
CRUDE prices edged up on Thursday (May 16) after data showed a stabilising US job market, fuelling expectations that the Federal Reserve could begin to cut interest rates in...
China’s central bank leaves key policy rate unchanged
CHINA’S central bank extended a key policy loan at the same borrowing cost, signalling an intention to aid a nascent economic recovery without adding pressure on the yuan.The People’s...
China’s central bank leaves key policy rate unchanged
CHINA’S central bank left a key policy rate unchanged when rolling over maturing medium-term lending facility (MLF) loans on Wednesday, in line with market expectations.The steady MLF rate shows...
Philippine peso drops most in Asia as calls for rate cut build
The Philippine peso fell the most in Asia as expectations for an interest-rate cut mounted following the release of weak economic growth data last week.The peso lost as much...
