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Bank of England to cut rates in decision that will be overshadowed by budget, Trump

THE Bank of England (BOE) is likely to lower interest rates for only the second time this year in a decision that...

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DBS beats estimates as Q3 net profit rises 17% to S$3.03 billion; sets up S$3 billion share buyback programme

DBS’ net profit for the third quarter ended March 2024 rose 17 per cent year on year to S$3.03 billion – crossing...

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Hot stock: DBS crosses S$40 for first time to hit new record on strong results, S$3 billion share buyback plan

SHARES of DBS rose to a historic level after it announced the establishment of a S$3 billion share buyback programme in tandem...

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Hot stock: DBS crosses S$40 for first time to hit new high on strong results, S$3 billion share buyback plan

SHARES of DBS rose to a historic level after it announced the establishment of a S$3 billion share buyback programme in tandem...

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Trump’s election victory puts Fed on path for fewer rate cuts

US PRESIDENT-ELECT Donald Trump’s impending return to the White House appears to put the Federal Reserve on a slower and shallower path...

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NAB profit meets expectations amid business lending growth

NATIONAL Australia Bank’s (NAB) profit was in line with analyst expectations, supported by strength in its flagship business lending unit.

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ECB’s Guindos warns of ‘huge’ impact of Trump tariff plans

THE global economy faces potentially detrimental shocks to growth and inflation if US President-elect Donald Trump implements the kind of import tariffs...

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BlackRock readies US$1.3 billion private credit continuation fund

BLACKROCK is setting up a private credit loan fund that will allow it to raise as much as US$1.3 billion it can...

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Bank Indonesia signals rate-cut caution as Trump nears victory

BANK Indonesia’s monetary policy will focus on maintaining stability in the short-term as a likely victory for Donald Trump in the US...

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Thai inflation stays below central bank target for fifth month

THAILAND’S inflation stayed below the central bank’s target for a fifth straight month, building pressure on the monetary authority to continue with...

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