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US: Indices end at records as Federal Reserve confirms plant for 2024 rate cuts
MAJOR Wall Street indices surged to fresh records on Wednesday after the Federal Reserve reaffirmed plans for interest rate cuts in the coming months, cheering investors who had feared...
US Federal Reserve sees three rate cuts in 2024 but a more shallow easing path
FEDERAL Reserve Chair Jerome Powell said on Wednesday recent high inflation readings had not changed the underlying “story” of slowly easing price pressures in the US as the central...
BOJ ends massive easing programme with first rate hike since 2007
THE Bank of Japan (BOJ) pulled the curtain on the most aggressive monetary easing programme in modern history by ending the world’s last negative interest rate along with its...
Singapore stocks end flat on Monday ahead of Fed interest rate announcement
SINGAPORE’S benchmark Straits Times Index (STI) closed flat on Monday (Mar 18) ahead of the US central bank’s policy decision mid-week. The gauge was down 1.03 points or 0.03...
Tokyo: Stocks close sharply higher amid potential BOJ rate hike
TOKYO shares closed sharply higher Monday (Mar 18), with investors’ eyes on a possible upcoming interest rate hike from the Bank of Japan. The benchmark Nikkei 225 index jumped...
Asia: Trade cautious ahead of key rate decisions
TRADERS in Asia were cautious on Monday after US shares receded, and as anticipation builds for the Bank of Japan to finally ditch its negative interest rate. Dampened hopes...
BOJ rate hike on Tuesday is now widely expected after wages jump
BANK of Japan (BOJ) governor Kazuo Ueda and his board have one more day to decide if it is time for the nation’s first interest rate hike in 17...
Australia set to extend rate pause as economy enters slow lane
AUSTRALIA’S central bank is widely expected to hold interest rates at a 12-year high on Tuesday (Mar 19) as the economy shows signs of slowing further while unemployment trends...
