Fed hikes interest rate by 75bps, flags weakening economic data
WASHINGTON: The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage… Read More
2 years ago
Federal Reserve
Goldman skeptical of ‘insurance’ U.S. rate cuts from Fed
Goldman Sachs economists said on Sunday they are skeptical of “insurance” U.S. interest rate decreases… Read More
5 years ago
Federal Reserve officials say hike in interest rate not expected in 2019
The committee members forecast a median federal funds rate this year of 2.4 percent, down… Read More
6 years ago
Asian market sell-off picks up pace, Shanghai tumbles
HONG KONG: Asian markets fell on Monday, extending last week’s sell-off as another strong US… Read More
6 years ago
Oil dips in Asia after hitting 2016 high
SINGAPORE: Oil prices dipped in Asia Thursday as traders took profits after costs hit a… Read More
9 years ago
Largest US banks face $120 billion shortfall under new rule
Six big US banks need to raise an additional $120 billion, most likely in long-term… Read More
9 years ago
Dollar extends gains against euro
SINGAPORE: The dollar extended gains against the euro in Asia on Monday ahead of the… Read More
10 years ago