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Search Result for “Fed”

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GENERAL

Oil prices dip as demand concerns outweigh Middle East supply fears

Reuters, Published on 17/04/2024

» TOKYO: Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in the near term outweighed supply fears on heightened tensions in the Middle East.

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GENERAL

Dollar firm after Fed comments; yen under close watch

Reuters, Published on 28/03/2024

» TOKYO: The U.S. dollar received a boost against major currency peers on Thursday, as a Federal Reserve official said he wasn't in a hurry to cut rates amid sticky inflation, and as traders braced for key economic data.

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INVESTMENT

Soaring bitcoin set for sharpest monthly jump since 2020

Reuters, Published on 29/02/2024

» SINGAPORE - Bitcoin headed for its biggest monthly gain in more than three years on Thursday and is within range of a record high as cash rushing to listed bitcoin funds propels a strong rally.

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TECH

Tech activists write code to save migrants

Reuters, Published on 27/02/2024

» LONDON - When a migrant rescue non-profit asked Nik Zemke if he could design an app to pinpoint ships in distress in the Mediterranean, the German web developer headed to a hackers' convention to look for like-minded volunteers.

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WORLD

Serbia’s strongman seeks final act that will decide his legacy

Reuters, Published on 15/12/2023

» BELGRADE - Serbian President Aleksandar Vucic joked earlier this year about how he saw the mood of the country he has led for almost a decade: "People are getting fed up with me."

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GENERAL

Baht tumbles to 10-month low, hurt by high oil prices

Reuters, Published on 20/09/2023

» The baht fell to a 10-month low on Wednesday, while stocks and bonds also slid under foreign selling pressure, with investors worried that high oil prices and government spending plans would widen the country’s current account deficit.

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GENERAL

Vietnam joins Southeast Asian effort on cross-border payments

Reuters, Published on 25/08/2023

» JAKARTA: Vietnam's central bank signed an agreement on Friday to be part of an initiative by five other Southeast Asian countries to establish a cross-border payments mechanisms between them.

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GENERAL

Asian stocks hit 9-month lows

Reuters, Published on 17/08/2023

» SINGAPORE - Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over China's sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors.

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GENERAL

Easing political uncertainty pushes baht to 2-month high

Reuters, Published on 18/07/2023

» The Thai baht led gains among Asian currencies on Tuesday, scaling a two-month peak, as hopes of a resolution of a political logjam in Thailand and a softer United States dollar improved investor sentiment.

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WORLD

Asean struggles for unity on Myanmar conflict

Reuters, Published on 13/07/2023

» JAKARTA: Finding unity over how to deal with Myanmar’s junta continued to evade Southeast Asian nations on Thursday, as foreign ministers meeting in Jakarta struggled to agree on a communique that would include a reference to their neighbour’s internal strife.