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Businesses anxious over tariffs, Fed must look at ‘hard data’ in policy response: official

CHICAGO Federal Reserve Bank President Austan Goolsbee on Monday (Apr 6) said that businesses are anxious about US President Donald Trump’s tariffs...

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PBOC set to reveal hand on yuan as depreciation talk mounts

The Chinese currency is already signalling some depreciation risk

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Investors seek refuge in dollar, yen as tariff fallout grips markets

Investors poured into safe havens such as the dollar, yen and Swiss franc on Monday (Apr 7) as the market rout...

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Investors seek refuge in US dollar, yen as tariff fallout grips markets

INVESTORS poured into safe havens such as the greenback, yen and Swiss franc on Monday (Apr 7), as the market rout from...

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Credit gauges in Asia show most concern since early pandemic

Global junk bond spreads widen by most since 2020 on worries that wave of defaults could push economies into recession

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BOJ warns of heightened uncertainty as Trump tariffs batter markets

It warned that “some firms voiced concern over the impact on output and profits” from US trade uncertainty

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Yuan devaluation market chatter grows as trade war worsens

Controversial and non-consensus move would in theory make Chinese exports cheaper but risk capital flight

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Bank Indonesia intervenes in offshore rupiah ahead of reopening

It will aggressively intervene in the onshore markets too when they reopen on Tuesday

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Singapore banks lose over S$37 billion in market value as tariff sell-off continues

Potential rate cuts by US Fed in face of slower growth could weigh on bank earnings

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BlackRock CEO Larry Fink gets 14% compensation bump in 2024

Tthe world’s largest asset manager has also been doling out long-term incentive pay to retain its top brass

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