Rates
BOE to cut rates in decision that will be overshadowed by budget, Trump
THE Bank of England (BOE) is likely to lower interest rates for only the second time this year in a decision that will be overshadowed by the fallout from...
Bank of England to cut rates in decision that will be overshadowed by budget, Trump
THE Bank of England (BOE) is likely to lower interest rates for only the second time this year in a decision that will be overshadowed by the fallout from...
ECB starting to debate if rates have to go below neutral: sources
EUROPEAN Central Bank (ECB) policymakers have begun to debate whether interest rates need to be lowered enough to start stimulating the economy, ending years of economic restriction, conversations this...
Greenback just off August high, US rates and election in focus
THE US dollar was just off a 2½-month high on Tuesday (Oct 22) on expectations the Federal Reserve will take a measured approach in easing its policy, while a...
Maersk raises guidance again as Red Sea attacks boost rates
AP MOLLER-MAERSK, a bellwether for global trade, increased its full-year guidance for a fourth time in less than six months, citing stronger demand and higher freight rates caused by...
China’s mega banks trim deposit rates as stimulus hits profits
CHINA’S largest state-owned lenders have cut their deposit rates on Friday (Oct 18), their second reduction this year as they rushed to salvage record low margins amid weakened profitability....
Europe: Shares close higher after ECB lowers interest rates
EUROPEAN stocks closed less than 1 per cent away from record high levels on Thursday (Oct 17) after the European Central Bank (ECB) delivered a widely expected 25-basis-point rate...
Eurozone banks see rebound in loan demand as rates fall: ECB survey
DEMAND for bank loans across the 20-nation eurozone rose in the third quarter and a further increase is expected in the final three months of the year, with household...
