Rates
Fed expected to hold rates and signal September cut
FEDERAL Reserve officials are likely to move closer to lowering interest rates from a two-decade high this week by signalling a potential rate cut in September, though they may...
Shipping giant CMA CGM reports solid volumes, sees rates peaking
CMA CGM, the world’s third-largest container carrier, reported a second-quarter jump in cargo volumes and signalled freight rates have probably peaked for now despite bottlenecks at Mediterranean ports.The French...
China central bank surprises by lending again at lower rates
CHINA’S central bank surprised markets for a second time this week by conducting an unscheduled lending operation at steeply lower rates, suggesting authorities are trying to provide heavier monetary...
China banks trim deposit rates to bolster record-low margins
INDUSTRIAL & Commercial Bank of China (ICBC) and Agricultural Bank of China lowered rates on some deposit products, easing pressure on profit margins following earlier cuts to lending rates.ICBC...
How to rein in rising auto insurance rates
EVEN as inflation has eased, car insurance rates are rising by double digits. But drivers have some options for reining in premiums.According to the Bureau of Labour Statistics, auto...
China likely to maintain lending rates even as economy slows
CHINA is expected to leave benchmark lending rates unchanged on Jul 22, while more market participants project further monetary easing to aid the economy following weaker-than-expected second-quarter economic data,...
ECB keeps rates unchanged, offers no guidance on next move
THE European Central Bank (ECB) kept interest rates unchanged as expected on Thursday (Jul 18) and gave no hints about its next move, arguing that domestic price pressures remain...
Mapletree Logistics Trust manager expects lower rates to persist among renewed leases in China in coming quarters
MAPLETREE Logistics Trust (MLT) expects negative rental reversions in China to persist over the next few quarters, with expiring rental rates being marked to market, said its manager on...
