Rate
Oil ends lower, posts weekly decline as US rate cut hopes dim
OIL prices fell nearly 3 per cent lower on Friday (Feb 23) and posted a weekly decline after a US central bank policymaker indicated interest rate cuts could be...
US: Wall St opens lower as early rate cut hopes fade; Walmart perks up
WALL Street’s main indexes opened lower on Tuesday (Feb 20) as dwindling hopes for early interest rate cuts weighed on investor sentiment even as Walmart kicked off the earnings...
Singapore stocks rise after China cuts mortgage reference rate; STI up 0.6%
THE Straits Times Index (STI) rose 0.6 per cent or 18.15 points to 3,244.06 on Tuesday (Feb 20). Across the broader market, gainers beat losers 281 to 251 after...
China seen cutting mortgage reference rate for first time since June
CHINA is widely expected to trim its benchmark mortgage reference rate at a monthly fixing on Tuesday (Feb 20), as banks’ improving net interest margins give authorities some leeway...
US dollar steady after producer prices push back on Fed rate cut outlook
THE US dollar retreated on Friday (Feb 16) amid concerns about the strength of the US economy after higher-than-expected producer prices raised expectations that the Federal Reserve will desist...
US: Stocks down as inflation data dims hope of early rate cut
WALL Street stocks retreated on Friday after a bigger than expected increase in wholesale prices poured cold water on hopes that the Federal Reserve would cut interest rates soon. The Dow...
NatWest sees revenue dropping with rate cuts on horizon
NATWEST Group said revenue is likely to drop this year as the firm’s businesses face pressure from falling interest rates. The firm now expects total income for the year...
Gold heads for second weekly dip as traders reassess US rate bets
GOLD prices were set for their second straight weekly drop on Friday (Feb 16) after surprisingly hot United States consumer prices led traders to reassess their rate-cut hopes, although...
