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Europe: Shares eke out gains amid interest rate uncertainty
EUROPEAN shares ended marginally higher on Monday, with defence stocks in the lead, but gains remained in check as investors awaited economic data against an uncertain backdrop on the...
Chinese banks keep lending rate unchanged after PBOC hold
CHINESE banks left their benchmark lending rates unchanged following the central bank’s decision last week to hold a key rate on loans it offers to lenders.
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...
