Rates
China leaves benchmark lending rates unchanged for eighth straight month
[SHANGHAI] China left benchmark loan prime rates unchanged on Tuesday for the eighth consecutive month in January, matching market expectations. Leaving the rates steady suggests policymakers are in no hurry to...
Singapore bourse targets global macro funds in Japan rates push
[SINGAPORE] Singapore Exchange will introduce futures on longer-dated Japanese government bonds as trading in the world’s third-biggest debt market heats up.SGX will make 20-year mini JGB futures available for...
White House weighs executive action to cap credit card rates
THE White House is weighing an executive action to enact President Donald Trump’s call for a cap on credit card interest rates, in addition to other measures seeking to ease US...
Some in Bank of Japan see scope to raise rates sooner than markets expect, sources say
[TOKYO] Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect with April a distinct possibility, as a sliding yen risks adding to already...
Oil tanker rates spike as US push into Venezuela redraws flows
The global oil industry is working through the consequences of Washington’s move earlier this month[HONG KONG] The shipping market is being shaken up by Washington’s intervention in Venezuela, as...
How Trump’s proposed cap on credit card rates could reshape consumer lending
It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes[NEW YORK] A proposed one-year cap on credit...
Trump calls for one-year cap on credit card interest rates at 10%
Lawmakers from both the Democratic and Republican Parties have raised concerns about high rates and have called for those to be addressed[WASHINGTON] US President Donald Trump said on Friday...
UOBKH rates top pick DBS a ‘buy’ on 5.6% yield
It also upgrades the overall banking sector to ‘overweight’ and keeps its ‘buy’ call for OCBC[SINGAPORE] A dividend yield of 5.6 per cent this year has led UOB Kay...