New Zealand central bank cuts rates to three-year low, flags more easing; kiwi dollar tumbles
New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
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New Zealand’s central bank cut its policy rate by 25 basis points to a three-year low of 3 per cent on Wednesday (Aug 20), and flagged…
China stocks closed at their highest level since 2015 on Monday (Aug 18), extending a months-long rally driven by easing trade tensions…
Chinese airlines took delivery of three Boeing aircraft on Sunday (Jul 13), a rare same-day triple handover that points to easing trade…
BUENOS AIRES/MEXICO CITY (Reuters) -Mexican headline inflation likely eased in June after rising for four straight months, though core…
Wall Street stocks jumped on Tuesday after President Donald Trump pushed back tariffs on Europe while US Treasury bond yields retreated…
New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade…
A US Supreme Court ruling on Thursday in a legal battle over President Donald Trump’s firing of two federal labour board members contained…
European shares surged on Friday (May 2), capping off a week filled with earnings across the continent, as signs of a potential…
Gold prices fell on Tuesday (Apr 29) as easing trade tensions between the US and its trading partners dented the metal’s safe-haven…
Markets rose on Friday, setting the stage for their fourth straight positive day, as investors continued to look for signs of easing trade…
Stocks on the Singapore bourse ended higher on Wednesday (Apr 23), tracking gains in the region. The uptick followed remarks from US…
Hyundai Motor’s top executive expects car prices to remain relatively steady over the coming months despite added costs from the…
The US dollar rebounded against major currencies such as the euro and yen on Friday (Apr 4) after Federal Reserve Chairman Jerome Powell…
Gold prices are expected to consolidate in the near term after breaking record highs earlier this week, said market watchers. Spot gold…
The Securities and Exchange Commission is scaling back its cryptocurrency enforcement unit. Why does this matter? Because crime pervades…
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held…
WASHINGTON — Stocks largely recovered from an early tumble Monday after President Trump confirmed he would delay imposing tariffs on…
THE European Central Bank (ECB) is all but certain to cut interest rates on Thursday (Jan 30) and is likely to keep open the door to…
SINGAPORE shares ended slightly lower on Friday (Jan 24), following the Monetary Authority of Singapore (MAS) easing monetary policy…
The S&P 500 clambered back to a record high on Thursday, inching above a peak reached in early December, after a rally that began with…
EUROPEAN Central Bank policymakers are likely breathing a sigh of relief that the new US administration did not impose the blanket trade…
Germany has advocated a relaxation of some EU sanctions against Syria following the ouster of long-time ruler Bashar al-Assad as Saudi…
German Foreign Minister Annalena Baerbock has advocated a relaxation of some EU sanctions against Syria following the ouster of long-time…
THE US dollar rallied on Friday (Jan 10) after data showed that the world’s largest economy created more jobs than expected last month,…