Rates
How to rein in rising auto insurance rates
EVEN as inflation has eased, car insurance rates are rising by double digits. But drivers have some options for reining in premiums.According to the Bureau of Labour Statistics, auto...
China likely to maintain lending rates even as economy slows
CHINA is expected to leave benchmark lending rates unchanged on Jul 22, while more market participants project further monetary easing to aid the economy following weaker-than-expected second-quarter economic data,...
ECB to hold fire on rates before key data arrive
THE European Central Bank (ECB) will keep interest rates steady on Thursday (Jul 18), preferring to await further proof of progress on inflation before adding to June’s initial cut.The...
ECB keeps rates unchanged, offers no guidance on next move
THE European Central Bank (ECB) kept interest rates unchanged as expected on Thursday (Jul 18) and gave no hints about its next move, arguing that domestic price pressures remain...
Bank of Korea holds rates, seen weighing when to cut rates
THE Bank of Korea extended a pause on interest rate for the 12th straight meeting on Thursday, as it continues efforts to tame inflation amid expectations policymakers will soon...
Slumping freight rates telegraph warning on Asian crude demand
THE cost of shipping crude oil along key routes to Asia is slumping as supertankers take shorter trips and demand softens in China.Freight rates for a Very Large Crude...
China’s central bank takes more control over rates by adding temporary repos
CHINA’S central bank will conduct temporary bond repurchase or reverse repurchase operations in the afternoon, in addition to its traditional morning operations, tightening its control over short-term interest rates.The...
Hapag-Lloyd CEO sees solid shipping demand driving up freight rates
SOLID container shipping demand has driven up freight rates over the past two months, Hapag-Lloyd chief executive Rolf Habben Jansen said in a call with reporters on Wednesday (Jul...
Corporate lenders are locking down protection against tough times from high rates
LENDERS to risky, debt-laden companies are increasingly demanding protection from financing manoeuvres used to undercut creditors when times get tough.A recent crop of leveraged loans demonstrates investors’ heightened concern...
