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RBA to keep key rate at 12-year high as inflation stirs anew
AUSTRALIA’S central bank will likely keep its key interest rate at a 12-year high and stick with it for much of the year to restrain inflationary pressures underpinned by...
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
HONG Kong led another rally across Asian markets on Friday, thanks to a surge in tech giants, while the yen extended gains against the dollar on revived hopes for...
Gold prices drift higher as Fed stands pat on key interest rate
GOLD prices edged higher on Thursday (May 2) after the US Federal Reserve kept its key interest rate steady, as expected, and indicated that it is still leaning towards...
Canada’s economic growth misses estimates, boosting chances of rate cut
Canada’s economy likely weakened in the first quarter, data from Statistics Canada showed on Tuesday (Apr 30), bolstering expectations that the Canadian central bank would have more reason to...
Oil falls more than US$1/barrel on Middle East peace talks, US rate cut doubts
OIL prices lost more than US$1 a barrel on Monday as Israel ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while US inflation data dimmed...
IReit Global occupancy rate grows to 91.5% in Q1
EUROPE-FOCUSED IReit Global : UD1U 0%’s portfolio occupancy grew to 91.5 per cent for the first quarter ended Mar 31, up slightly from 90.4 per cent in the preceding...
Wall Street bulls say stock rally can resume even without rate cuts
ROBUST global economic growth may offer equities enough support to resume a record-breaking rally, even if bets on Federal Reserve interest rate cuts this year are completely abandoned.After the...
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay in interest-rate cuts in the US should boost their...