New Zealand cuts rates as slumping economy slows inflation
NEW Zealand’s central bank cut interest rates, embarking on an easing cycle much sooner than previously indicated as the economy ...
Tag: Rates
RBNZ faces crunch rates call amid uncertainty over pivot timing
NEW Zealand’s central bank faces a crunch policy decision this week, with economists and investors unsure whether it will start ...
ABN Amro lifts full-year interest income outlook on higher rates
DUTCH lender ABN Amro on Wednesday (Aug 7) raised its forecast for full-year net interest income (NII) to 6.4 billion ...
World’s biggest car shipper warns charter rates will come down
HIGH global charter shipping rates buoyed by record exports of electric vehicles from China may not last, the head of ...
Stocks rebound from rout as Fed faces calls to cut rates early
MOST equities rallied on Tuesday (Aug 6) after the previous day’s global rout fuelled by US recession fears that have ...
Philippine central bank says rates can stay steady, open for cut when price pressures ease
THE Philippine central bank can keep policy settings unchanged but can consider a rate cut if price pressures continue to ...
US dollar climbs after Fed decision while pound slides as BOE cuts rates
THE US dollar rallied on Thursday (Aug 1) after falling the previous day as central banks continued to roil currency ...
MUFG profit beats estimates with tailwind from rising rates
MITSUBISHI UFJ Financial Group reported quarterly profit that beat estimates, joining smaller rival Mizuho Financial Group in pointing to higher ...
UOB positive on easing interest rates as loan demand picks up in Q2
For the second quarter ended Jun 30, 2024, the lender’s net profit rises 1 per cent to S$1.43 billionTHE impending ...
Fed expected to hold rates and signal September cut
FEDERAL Reserve officials are likely to move closer to lowering interest rates from a two-decade high this week by signalling ...
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