Rates
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 ease, its governor said on Monday (Aug 5).The balance...
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 markets, while sterling fell to a four-week low after...
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 revenue from loans driven by rising rates in Japan....
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 ease in global interest rates will likely be beneficial...
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 a potential rate cut in September, though they may...
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 a potential rate cut in September, though they may...
Shipping giant CMA CGM reports solid volumes, sees rates peaking
CMA CGM, the world’s third-largest container carrier, reported a second-quarter jump in cargo volumes and signalled freight rates have probably peaked for now despite bottlenecks at Mediterranean ports.The French...
China central bank surprises by lending again at lower rates
CHINA’S central bank surprised markets for a second time this week by conducting an unscheduled lending operation at steeply lower rates, suggesting authorities are trying to provide heavier monetary...
