UOB cutting One savings account rates; DBS, OCBC staying put for now on similar products
UOB : U11 0% is introducing lower interest rates for its One savings account members ahead of anticipated rate cuts ...
Tag: Rates
Goldman says commodities to benefit as central banks cut rates
COMMODITIES will advance this year as central banks in the United States and Europe move to reduce interest rates, helping ...
Sterling slips as BOE holds rates; Swiss franc tumbles after surprise SNB cut
STERLING fell after the Bank of England (BOE) on Thursday (Mar 21) kept its benchmark interest rate on hold as ...
Private credit’s default recovery rates are worse than its biggest rival
THE dangers of private credit firms overvaluing their own assets has become one of the booming US$1.7 trillion industry’s most ...
China banks hold lending rates as PBOC refrains from easing
CHINESE banks maintained their benchmark lending rates following the central bank’s recent decision to stand pat on monetary policy. The ...
FCT’s inclusion in STI a reminder to investors that quality matters amid higher interest rates
EARLIER this week, Frasers Centrepoint Trust (FCT) replaced Philippine spirits maker Emperador as one of the 30 components of the ...
All eyes on whether US Federal Reserve will make explicit promise to cut interest rates
THE mood swings of the world’s financial markets could continue if there is any ambiguity in US Federal Reserve chairman ...
Australia’s central bank holds rates as expected, waters down tightening bias
AUSTRALIA’S central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater confidence that inflation is moving ...
Japan ends era of negative rates with few clues on further hikes
THE Bank of Japan (BOJ) scrapped the world’s last negative interest rate, ending the most aggressive monetary stimulus programme in ...
Bank of Japan expected to end negative rates
THE Bank of Japan is widely expected to scrap its maverick negative interest rate policy on Tuesday and hike borrowing ...
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