TOKYO: The Bank of Japan kept interest rates steady on Friday (Sep 20) and revised up its assessment on consumption, ...
Emerging-market currencies oscillated between gains and losses as the risk-on sentiment following the Federal Reserve’s half-point rate cut faltered.
Federal Reserve Chair Jerome Powell is known for providing clear signals about the central bank’s next interest rate move in ...
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest ...
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve (Fed) delivered an ...
The People’s Bank of China announced that its five-year loan prime rate, which affects borrowing costs for households, would stay at 3.85 per cent and its one-year rate, which is tied to business ...
World stocks hovered near record highs on Friday, underpinned by a big interest rate cut from the Federal Reserve earlier ...
Asian equities were largely higher on high volumes driven by FTSE Russell and S&P index rebalances and triple witching in the ...
Copper rose to a two-month high to cap a strong week for metals, helped by the Federal Reserve’s half-point rate cut.
Mercedes-Benz lowered its full-year earnings outlook, blaming the weaker projections on China’s worsening macroeconomic conditions. The company on Thursday said its car division now anticipated the ...
The Federal Reserve announced Wednesday a deep 50 basis-point cut to its Fed funds rate, which is likely to ease the pressure ...
A combination of bullish news including inventory drawdowns, supply outages and a large Fed interest rate cut sent oil prices ...