Interest rate
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Business
Stock market rally to be tested next week, after yields drop and tech spike
The stock market’s rally after the October inflation report will be tested next week, as investors watch the earnings of…
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Business
HKMA director defends currency peg, says it brings stability
The Hong Kong Monetary Authority chief executive defended Hong Kong’s currency rate, saying it has helped the city weather some…
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Business
Asia will lose the most if economic fragmentation worsens
The International Monetary Fund warned that the Asia-Pacific has more to lose than any other region if the global trading…
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Business
Australian borrowers in good standing to withstand higher interest rates
According to Shayne Elliott, managing director at major Australian bank, ANZ, many Australian borrowers are ahead and this will help…
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Business
ARK’s Cathie Wood sends open letter to Fed, says they are at risk of economic ‘bankruptcy’
Cathie Wood, Founder, CEO and CEO of ARK Invest, speaks at the Milken Institute Global Conference 2022 in Beverly Hills,…
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Business
Job growth in September confirms the Fed has a long way to go in the fight against inflation
Go Go! To go! A curry restaurant with a sign in its window that reads “We Are Hiring” in Cambridge,…
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Business
Here’s why good news about jobs is bad news for the Fed and the stock market
The good news-is-bad news theme was the overarching reason behind Friday’s sharp sell-off in equities and the sharp rise in…
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Business
The biggest threat right now is recession, not inflation
Jeremy Siegel, professor emeritus of finance at the Wharton School of the University of Pennsylvania, said the US Federal Reserve…
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Business
UK’s Liz Truss pledges future tax cuts in speech thwarted by protest
Prime Minister Liz Truss is seeking to rally MPs around her tax cuts following political infighting and market turmoil. King…
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Business
Business leaders say impending recession will be short and sharp: KPMG
In Singapore, nearly 90% of Singapore CEOs have embarked on or are planning to stop hiring in the next six…
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