Rising
Eyes on Jackson Hole as US dollar drops against yen, euro keeps rising
THE yen rose sharply on Monday (Aug 19) and the euro touched its highest this year as the US dollar retreated broadly with traders bracing for dovish signals from...
Strong fees, more resiliency will boost earnings in 2024 despite rising uncertainty: DBS CEO
Bank reports strong set of results in Q2 with net profit up 6% on year at S$2.79 billionA STRONG fees business and lower sensitivity to interest rates will likely...
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....
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...
UMS, Keppel DC Reit short interest levels rising
Semiconductor-testing solutions provider AEM has been topping Singapore’s short interest chart for months, with 7.02% of its outstanding shares having been borrowed THE short interest levels of UMS Holdings...
Bank of Japan warns of potential hit to lenders from rising rates
Japanese financial institutions’ profitability has decreased significantly in the past 25 years, making them vulnerable to potential losses from any sharp rises in interest rates, the central bank said...