Business Times6h
US inflation rises in December; consumer spending accelerates
US PRICES increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption expenditures ...
STI up 1.4% as Singapore shares track regional gains on Friday
SINGAPORE - Singapore shares tracked regional gains on Friday (Jan 31), ending the week higher after markets reopened ...
The Edge Singapore11h
RHB’s chief economist reiterates forecast of three Fed rate cuts this year, one per quarter starting 2Q2025
The US Federal Reserve voted unanimously earlier this week to keep the US Federal Funds Rate in a range of 4.25% to 4.5%.
Business Times13h
Markets price in fewer rate cuts as Fed holds on tariff uncertainty, persistent inflation
GLOBAL markets are pricing in fewer rate cuts for the year as the US Federal Reserve unsurprisingly kept rates on hold on ...
Federated Hermes leverage Singapore HQ to target Asia’s wealth market
SINGAPORE - Federated Hermes, a global asset management firm, is leveraging its Asia headquarters in Singapore to target wealth management clients and family offices in the region.
Asia stocks ease; dollar, gold firms as tariff threat lingers
Asian shares wavered on Friday, weighed down by the return of tech-heavy South Korean stocks from holidays, but relatively ...