Rates
China banks raise mortgage rates for the first time since 2021
CHINESE banks raised new mortgage costs for the first time in three years, as narrowing margins are dragged down by a persistent property slump and slowdown in the world’s...
Bank of England set to stay in central bank slow lane and keep rates on hold
THE Bank of England (BOE) looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central banks in Europe...
Lower interest rates, geopolitical conflicts poised to shape investment decisions in 2025
Bond yields remain attractive, and India could continue to outperform, say analystsGLOBAL asset markets are likely to be influenced by lower interest rates and geopolitical trade tensions in 2025,...
ECB to cut rates again amid bleak eurozone outlook
THE European Central Bank (ECB) is expected to cut interest rates again this week amid a darkening outlook, with political turbulence in the eurozone’s two biggest economies adding to...
India central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are required to hold,...
Reserve Bank of Australia bucks global easing cycle with experiment on steady rates
AUSTRALIA’S central bank is conducting a bold monetary experiment – by doing nothing.Where most developed-world peers are now well into their easing cycles, the Reserve Bank of Australia (RBA)...
Bank of England suppressing debate on long-term rates, ex-policymaker says
BANK of England (BOE) governor Andrew Bailey is suppressing a critical debate about where interest rates will settle in a move that may sow confusion about the stance of...
DBS, OCBC, UOB aim to stay competitive as foreign players slash mortgage rates
Foreign banks in Singapore have slashed their home loan rates to as low as 2.45%, lower than that offered by the local banksSINGAPORE’S local banking trio will continue to...