Posts Tagged ‘interest rates’

Financial repression reappears. This time, it could stay awhile

Opinion
by OBIYATHULLA ISMATH BACHA/ pic by BLOOMBERG
GOVERNMENTS, especially in the developed world, have often manipulated financial markets to favour ...

Singapore sees negative rates creep in with flush liquidity

Money | World
by BLOOMBERG / pic by BLOOMBERG
Negative interest rates are creeping into Singapore. The nation’s overnight borrowing rate was less than two basis ...

ECB keeps policy unchanged as euro-area battles slowdown

World
By BLOOMBERG
FRANKFURT • The European Central Bank (ECB) pledged to keep interest rates at record lows at least through the summer after policymakers ...

Indonesia resurgence gathers pace as global investors pile in

World
SINGAPORE • The return of yield-hungry investors is signalling the worst may be over for Indonesia.
Global funds are piling back into Asia’s bellwether ...

Bank employees to get up to 12% salary hikes

News
by NG MIN SHEN/ graphic by TMR
SOME 20,000 clerical and non-clerical bank employees will receive salary hikes of up to 12%, alongside enhanced benefits ...

Fed still on track for hike as jobs data deepens debate

Money
NEW YORK • A slight miss on monthly US payroll data hasn’t shifted odds that the US Federal Reserve (Fed) will raise interest rates at its Dec 18-19 ...

HK housing correction of 15% possible, Gaw Capital says

World
SINGAPORE • A correction in Hong Kong property prices of as much as 15% in the first half of 2019 is possible as interest rates rise and the tide of money ...

Fed raises rates, emerging markets roil — it’s déjà vu

Islamic Finance | Islamic Finance
For the second time this year, the US Federal Reserve (Fed) has raised interest rates. With the recent 25 basis-point hike, the Fed funds rate is now near ...

World Bank CEO adds to voices of worry over global debt pileup

World
Central banks across the world are under pressure to follow Fed’s interest-rate hike, putting particular stress on EMs and developing economies
by ...

ECB faces ghost of rate hikes

World
In 2008, the ECB hiked borrowing costs to combat inflation that was running more than twice as high as its target
By BLOOMBERG ...

Carney pushes back as BoE debates publishing rate-path forecast

World
LONDON • Mark Carney (picture) pushed back against the Bank of England (BoE) publishing a more explicit forecast for interest rates as he defended his ...

Rout in Indonesian markets worsens before central bank decision

Markets | World
By BLOOMBERG
JAKARTA • Indonesian stocks and rupiah retreated for a third day, with the currency hitting a 31-month low as foreign investors dumped the ...