Signals
South Korea holds rates, signals tight policy to stay over short term
South Korea’s central bank held interest rates at a 15-year high on Thursday (May 23), and struck a balanced policy tone while reiterating risks around inflationary pressures in the...
Huawei flagship store surge in China signals showdown with Apple
HUAWEI is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone’s throw away from Apple shops, as it seeks to retake the...
London’s FTSE 100 hits new high after BOE signals rate cuts
Britain’s FTSE 100 scaled a record high on Thursday (May 9) after the Bank of England kept interest rates unchanged, but investors cheered increasing indications that more policymakers are...
Bank of Japan’s Ueda signals chance of policy action if yen moves affect inflation
BANK of Japan Governor Kazuo Ueda said on Wednesday the central bank may take monetary policy action if yen moves have a big impact on inflation, escalating his warning...
Bank of Japan to hold rates with focus on hawkish signals to buoy yen
THE Bank of Japan (BOJ) is widely expected to leave its benchmark interest rate unchanged on Friday (Apr 19), with investors focusing on any hints of a less dovish...
Powell signals rate-cut delay after run of inflation surprises
FEDERAL Reserve chair Jerome Powell signalled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings.Powell pointed to the lack...
Europe: Banks weigh down Stoxx 600 after ECB signals rate cuts
EUROPE’S benchmark stock index fell to a one-month low on Thursday, as banks took a hit after the European Central Bank held rates steady but signalled imminent cuts, while Deutsche Telekom...
BOJ’s Ueda signals scope to reduce monetary stimulus
BANK of Japan Governor Kazuo Ueda said the central bank must consider whittling down stimulus further if inflation continues to accelerate, signalling the chance of another interest rate hike...
