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Gold poised for weekly fall as bets fade for big Fed rate cut
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a…
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Oil prices climb 2% to one-week high as Fed rate cut, Trump-Putin talks loom
Oil prices climbed about 2 per cent to a one-week high on Thursday after US President Donald Trump warned of “severe consequences” if his…
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Europe: Shares near two-week highs on Fed rate cut expectations
EUROPEAN shares hit a near two-week high on Wednesday, underpinned by gains in heavyweight healthcare and technology stocks, as…
Business
Wall Street stocks surge on hopes for interest rate cuts by the Fed
U.S. stocks are ticking higher on Wednesday after a rally spurred by hopes for lower U.S. interest rates wrapped around the world. The S&P…
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US: S&P 500, Nasdaq hit record highs at open on September rate cut hopes
Wall Street’s main indexes opened higher on Wednesday (Aug 13) with the benchmark S&P 500 and the Nasdaq hitting record highs, underpinned…
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Thailand’s central bank cuts key rate by 25 bps, as expected
Thailand’s central bank lowered its key interest rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months as it looks to…
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US: Nasdaq posts record closing high with tech gains, rate cut optimism
US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday (Aug 8) as technology-related…
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How Trump’s new tax rate on college endowments is threatening university jobs and financial aid
A big increase in the tax on university endowments is adding to financial uncertainty for the wealthiest colleges in the U.S., leading…
Business
BOJ debated chance of resuming rate hike, July summary shows
Some Bank of Japan policymakers warned of mounting inflationary pressures and one signaled the chance of resuming interest rate increases…
Business
Gold inches higher as US dollar weakens on Fed rate cut hopes
Gold prices edged higher on Thursday (Aug 7), helped by a weaker US dollar on growing expectations of a Federal Reserve rate cut next…
Business
US: Wall Street opens higher on Fed rate cut hopes; earnings in focus
Wall Street opened higher on Wednesday (Aug 6), as ongoing optimism about Federal Reserve interest rate cuts kept markets afloat and…
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Asia: Investors walk fine line as Trump tariffs temper rate hopes
Asian investors trod warily on Wednesday amid lingering uncertainty over Donald Trump’s trade war, while another round of data indicated…
Business
Gold extends gains on rate cut hopes, markets eye Fed appointments
Gold prices extended gains for a fifth straight session on Wednesday (Aug 6), helped by prospects of lower US interest rates, while…
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Project 2025’s Success Rate So Far Will Terrify You
The White House, for which Project 2025 had 13 listed objectives, is currently 92 percent complete, according to the tracker. Another 64…
Business
US: Wall Street opens higher on rate cut hopes; earnings in spotlight
Wall Street futures opened higher on Tuesday (Aug 5), supported by ongoing optimism over potential Federal Reserve interest rate cuts,…
Business
Asia: Markets track Wall Street rally on Fed rate cut bets
Stock markets rose on Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite…
Business
Gold rises as Fed rate cut bets pressure dollar, yields
Gold prices rose on Tuesday (Aug 5), after gaining in the last three sessions, supported by a weaker US dollar and lower Treasury yields…
Business
US dollar tumbles;traders bet on more US rate cuts after weak jobs report
THE greenback dropped on Friday (Aug 1) and was on track for its biggest daily loss against the yen since January 2023 after data showed…
Business
Bank of England rate cuts deliver £11 billion hit to households
Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing…
Business
UOB trims One Account interest rate again; maximum 2.5% per annum on first S$150,000
UOB is cutting interest rates on its flagship savings account, the One Account, for the second time in 2025. With effect from Sep 1, the…
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This TikToker is trying to hit every McDonald’s in the U.S. and rate them all
How many McDonald’s locations do you think you’ve been to across the U.S.? Ten, maybe twenty? One TikTok creator is aiming to hit all…
Business
What is the Interest Rate for Pre-Settlement Funding?
Pre-settlement funding offers a financial lifeline to plaintiffs awaiting compensation from personal injury claims or lawsuits. The…
Business
South-east Asia’s key currencies set to strengthen in H2 2025 despite rate cuts
Investors are expected to favour major South-east Asian currencies, with economists projecting continued gains against the US dollar…
Business
US Fed is set for contentious debate as investors eye fall rate cut
US Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly contentious debate…