Rates
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75%[MANILA] The Philippine central bank unexpectedly cut the benchmark interest rate by a quarter point...
Fed minutes show caution over inflation even as officials cut rates
Federal funds futures contracts suggest investors see rate cuts likely in October and December[NEW YORK] US Federal Reserve officials showed a willingness to lower interest rates further this year,...
Shippers not expected to pay higher freight rates because of US port fees: Bimco
This is because more than half of the Chinese-built ships are below a stipulated size or are US-owned, and several liner operators have pledged not to raise rates [SINGAPORE]...
Thai central bank unexpectedly holds rates, trims growth forecast
Policymakers leave the door open to more easing if the glum outlook for the economy deteriorates further[BANGKOK] Thailand’s central bank left its key interest rate steady on Wednesday (Oct...
US interest rates well-placed to fight inflation: Fed official
US INTEREST rates are in a good place for the Federal Reserve’s inflation fight, a senior central bank official said on Monday, pushing back against President Donald Trump’s calls...
Nomura to boost rates and FX trading units, sees more market volatility
The push reflects growing doubts around the longevity of the current equities bull run[TOKYO] Japan’s Nomura Holdings plans to beef up its interest rate and currency trading operations globally,...
Bank of Israel keeps rates on hold as Gaza war endures
[JERUSALEM] The Bank of Israel left short-term interest rates unchanged on Monday (Sep 29) after inflation eased further in August, remaining cautious amid economic uncertainty due to the two-year...
Income funds with higher yields as lower rates weigh on investors: Morningstar
[SINGAPORE] Investors seeking steady income streams are reassessing their options as the yields on Singapore Treasury bills (T-bills) plummet this year, and the prospect of US interest rate cuts...
