Goldman, GIC Differ on Whether Inflation Is Risk or Opportunity
Senior bank and money management professionals made this claim while speaking at the Bloomberg New Economy Forum in Singapore. Although Lim Chow Kiat, CEO of […]
Blogs
Oil Advances After Saudi Arabia and Russia Reaffirm Supply Cuts
Brent crude increased toward $86 per barrel, while West Texas Intermediate traded near $81. The OPEC+ heavyweights’ announcement on Sunday comes after the fading Israel-Hamas […]
Oil Falls as Fading War Premium Revives Angst Over Rates, Growth
West Texas Intermediate slipped 1.6% to almost $81 a barrel after Hamas assured mediators it would release foreign detainees in the coming days, easing concerns […]
Stock market today: Asian shares slip after S&P 500 slips ahead of Fed interest rate decision
Over the weekend, Israeli ground forces made incursions into Gaza, and Prime Minister Netanyahu warned of a “long and difficult” conflict. A jumbled collection of […]
Oil Falls for a Fourth Day as Wider Middle East War Fears Ease
West Texas Intermediate traded near $83, while benchmark Brent crude fell below $88 a barrel and has already lost over half of its gains since […]
Oil Rises for Second Week Amid Israel-Hamas War Developments
According to the news outlet which cited people involved with the initiative, Israel first resisted a holdup in what officials said would be a large […]
Analysis-WhatsApp clampdown highlights video call compliance threat for finance firms
Business-related text messages sent over unapproved platforms, like WhatsApp, that went undetected and unrecorded by regulated firms, primarily during COVID-19 lockdowns when thousands of employees […]
Higher Rates Contribute to Rising Home Prices, Fed’s Harker Says
According to Patrick Harker, president of the Federal Reserve Bank of Philadelphia, increased interest rates are making it harder for first-time home purchasers by increasing […]
Fed Officials Prepare to Extend Rate Pause Without Saying Hikes Are Done
The Federal Open Market Committee is unlikely to rule out more rate rises, given that data on the labor market and inflation show that the […]
Argentina Central Bank Hikes Rate to 133% on Inflation Data
According to a statement, the monetary authority boosted its benchmark rate by 15 percentage points to 133%. The action comes after September inflation data showed […]