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Singapore swap rates set to narrow gap with US as MAS shift seen
Singapore swap rates set to narrow gap with US as MAS shift seen
SINGAPORE’S unusual approach to monetary policy will give traders a chance to profit from a narrowing gap between the local currency and US dollar interest-rate swaps.The difference between two-year...
Market fundamentals limit rate cut support to commodity prices; gold set to inch higher: analysts
Market fundamentals limit rate cut support to commodity prices; gold set to inch higher: analysts
On the oil market, rate cuts would only indirectly affect the prices as it secures the US economy’s soft landingTHE commodity sector in general will be supported by the...
Market fundamentals limit rate cut support to commodity prices; gold set to inch higher: analysts
Market fundamentals moderate rate cut benefit to commodity prices; gold set to inch higher: analysts
On the oil market, rate cuts would only indirectly affect the prices as it secures the US economy’s soft landingTHE commodity sector in general will be supported by the...
Boeing, striking union set to resume contract talks on Wednesday
Boeing, striking union set to resume contract talks on Wednesday
CONTRACT talks between Boeing and its largest union will restart on Wednesday (Sep 18), with federal mediators present, the International Association of Machinists and Aerospace Workers said.This comes after...
US Fed begins two-day meeting set to end with rate cut
US Fed begins two-day meeting set to end with rate cut
The US Federal Reserve began a two-day interest rate discussion on Tuesday (Sep 17) that is all-but-certain to end with its first cut since March 2020, as inflation continues...
Trafigura says oil set for USs, but do not be too bearish
Trafigura says oil set for US$60s, but do not be too bearish
TWO of the largest commodities traders in the world have painted a bleak picture on the outlook for the oil market, echoing concerns over Chinese demand and plentiful supply...
Centurion unit to set up JV companies to retrofit, manage China residential housing
Centurion unit to set up JV companies to retrofit, manage China residential housing
ACCOMMODATION assets operator Centurion Corporation’s indirect wholly owned subsidiary, Centurion China Investments, will set up two joint venture companies with Xiamen City Home Apartment Management. The companies will retrofit,...
Couche-Tard set to affirm Seven & i interest after rejection
Couche-Tard set to affirm Seven & i interest after rejection
ALIMENTATION Couche-Tard plans to tell Seven & i Holdings that it’s still keen to pursue an acquisition, even after the Japanese convenience store operator rejected its initial proposal, people...
Thai electric vehicle sales set to miss target as banks tighten car loans
Thai electric vehicle sales set to miss target as banks tighten car loans
Thailand’s electric vehicle (EV) sales are set to miss targets this year as lenders turn more cautious in sanctioning new car loans with the nation’s household debt hovering near...
China EVs, Hybrids set to cement sales lead over petrol cars
China EVs, Hybrids set to cement sales lead over petrol cars
SALES of electric vehicles (EVs) and hybrid vehicles in China likely surged in August, surpassing faltering deliveries of conventional petrol cars for the second month in a row.Sales of...