Federal Reserve
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Business
Asian stocks rise on AI sentiment, dollar near 3-month high
Traders lowered the December rate cut probability to 68% after the Fed’s anticipated 25-basis-point cut, leaving the dollar firmer. (EPA…
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Business
Resilient stocks rally faces earnings wave after AI, Fed wobbles
The S&P 500 is up 16% year-to-date, while the Nasdaq Composite has gained 22%. (Wikimedia Commons pic) NEW YORK: A…
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Business
Asian markets mostly up on heels of Apple, Amazon earnings
The Nikkei rose over 1% despite Nissan shares plunging nearly 8% after the automaker warned of an operating loss. (AP…
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Business
Bursa opens lower, tracking Wall Street weakness
KUALA LUMPUR: Bursa Malaysia opened lower on Friday, tracking Wall Street’s downbeat session overnight. At 9.10am, the FTSE Bursa Malaysia…
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Business
Ringgit opens flat as markets digest Fed’s hawkish rate cut
KUALA LUMPUR: The ringgit opened almost flat against the US dollar as traders and investors reacted to the US Federal…
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Business
Stocks mostly fall as investors digest Trump-Xi talks, earnings
Anticipation of the US-China meeting lifted stocks to record highs, but momentum faded as Wall Street indices retreated. (AP pic) …
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Business
Nomura expects no more Fed rate cuts in 2025 after October easing
Federal Reserve chair Jerome Powell said internal policy disagreements and insufficient federal data could hinder further rate cuts this year.…
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Business
Bursa opens higher on US Fed’s second rate cut
KUALA LUMPUR: Bursa Malaysia opened higher on Thursday, taking its cue from the mixed performance on Wall Street overnight as…
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Business
Asian stocks wobble as Fed cuts, BOJ and Trump-Xi meeting in view
Global markets faced a wave of central bank decisions offering clues on future interest rates as the US imposed blanket…
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Business
Ringgit climbs for 7th straight session after US rate cut
KUALA LUMPUR: The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported…
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