Rates
Baht rally halts as Thai government campaigns for lower rates
A DECLINE in Thailand’s baht this month has spurred speculation that the currency’s rally may be ending as tensions grow between the nation’s government and its central bank.The baht...
Europe: Stocks gain with rates outlook, earnings in focus
EUROPEAN stocks gained on Friday (Oct 11) as investors assessed the impact of hotter-than-expected US inflation data and the third-quarter earnings season kicked off.The Stoxx Europe 600 Index rose...
South Korea’s central bank cuts rates as slumping economy slows inflation
SOUTH Korea’s central bank cut policy interest rates for the first time in four and a half years, making a shift away from quashing inflation, currently below its 2...
Australia central bank discussed future cases for raising, lowering rates
AUSTRALIA’S central bank discussed scenarios in which the cash rate may need to be raised or cut in the future at the September policy meeting, having left interest rates...
ECB will ‘quite probably’ cut rates this month, Villeroy says
THE European Central Bank (ECB) will “quite probably” cut interest rates at its next meeting later this month, according to Governing Council member Francois Villeroy de Galhau.Inflation fell below...
Banks whip out chequebooks for leveraged buyouts as rates fall
Investment banks, forced to take big writedowns on risky merger and acquisitions loans after a global surge in interest rates, are now jumping back into leveraged buyouts (LBO) –...
Banks whip out chequebooks for leveraged buyouts as rates fall
Investment banks, forced to take big writedowns on risky merger and acquisitions loans after a global surge in interest rates, are now jumping back into leveraged buyouts (LBO) –...
Swiss central bank cuts interest rates for third time this year and flags further action
THE Swiss National Bank (SNB) cut interest rates by 25 basis points on Thursday (Sep 26), its third such reduction this year, as it echoed steps to lower borrowing...