Posts Tagged ‘US Federal Reserve’

World’s richest economies enjoy biggest pay raise in a decade

JPMorgan reckons pay growth in advanced economies hit 2.5% in 2Q and predicts wages will accelerate to near 3% next year
By ...

RM1,035t in debt — the world’s post-Lehman legacy

By Brian Chappatta / BLOOMBERG
In MANY ways, all the talk about global central banks beginning a “great unwind” of their extraordinary monetary ...

HK currency intervention seen intensifying

By BLOOMBERG
HONG KONG • The Hong Kong Monetary Authority (HKMA) could be even busier with currency buying in September. The city’s de facto ...

EMs — Any silver lining amid volatility?


By SHERMAN TAM CHENG WEI / PIC BY TMR Investors got a blunt reminder that emerging markets (EMs) are risky assets. The MSCI Emerging Market Index has ...

PBoC joins forces with Powell on dollar rally

By BLOOMBERG
NEW YORK • The People’s Bank of China (PBoC) and US Federal Reserve (Fed) delivered a one-two punch to the dollar last Friday, spurring ...

Turkey just a test case as tightening era nears

By BLOOMBERG
HONG KONG • Turkey is just a drill. A push by major central banks to reverse crisis-era policies is primed to accelerate into 2019 amid ...

Rupiah headwinds blow as rate decision looms

By BLOOMBERG
MUMBAI • This week may prove to be a crucial one for the Indonesian rupiah. As Wednesday’s policy decision approaches, Bank Indonesia ...

HK mortgage rates rise most since 2013

HONG KONG • Hong Kong’s home loan rates are seeing their biggest jump in five years as higher global funding costs boost speculation local lenders will ...

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

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 ...

DBS 20% gain in 2Q profit disappoints

It benefitted from rising interest rates in S’pore and HK, and fee income from its expanding wealth management ops
By BLOOMBERG ...

In EM rout, Asian economies financially healthy

By BLOOMBERG
SINGAPORE • Asian emerging economies, particularly those in South-East Asia, are in a stronger position financially than their global ...

Are we headed for a bear market?

Pic By HUSSEIN SHAHARUDDIN
Against a backdrop of rising interest rates in the US and equities hitting fresh lows, it’s hard for investors to not think ...