Showing 1 - 10 of 211
Wall Street quiet as Yellen bows out, SET barely moves
Business, Nuntawun Polkuamdee & Darana Chudasri, Published on 03/02/2018
» Recap: The US stock market moved in a narrow range this past week with few market-moving developments. The US Federal Open Market Committee, as expected, left its benchmark interest rate unchanged at the last meeting chaired by Janet Yellen. Her successor as Federal Reserve chief, Jerome Powell, officially takes over today.
US Fed leaves key interest rate unchanged
AFP, Published on 03/05/2018
» WASHINGTON: The US central bank kept its key interest rate unchanged as expected on Wednesday and at the same time signaled that policymakers were not overly concerned by the recent uptick in inflation.
Does the corporate debt mountain pose an avalanche risk?
AFP, Published on 20/01/2019
» PARIS - During the years of ultra cheap money, companies loaded up on debt but now the concern is whether they will be able to handle the mountain of debt as interest rates rise.
Under Donald Trump, Fed faces politicisation
AFP, Published on 07/04/2019
» WASHINGTON: The US Federal Reserve has regularly faced criticism from Donald Trump, but in recent days the president took matters into his own hands -- raising concerns that the Fed is being politicised.
Forced labour to high finance: Hong Kong investor's unlikely journey
AFP, Published on 28/07/2019
» HONG KONG - Exiled to the Gobi Desert at the age of 15, Weijian Shan's days were marked by gnawing hunger and back-breaking forced labour. But his sense of hope was kept alive by an unlikely source -- insecticide manuals.
Is politics at last grasping the Fed?
News, Robert J. Barro, Published on 30/07/2019
» From the early 1980s until the start of the financial crisis in September 2008, the US Federal Reserve seemed to have a coherent process for adjusting its main short-term interest rate, the federal funds rate. Its policy had three key components: the nominal interest rate would rise by more than the rate of inflation; it would increase in response to a strengthening of the real economy; and it would tend toward a long-term normal value.
Former Fed chiefs back bank's independence after Trump criticism
AFP, Published on 06/08/2019
» WASHINGTON - Four former US Federal Reserve chairs published an essay on Monday advocating for the independence of the institution, which has been the target of recent criticism by President Donald Trump.
Korea adds 505 cases, deaths top 2,800: Virus update
Bloomberg and online reporters, Published on 27/02/2020
» Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.
Fed Unlikely to Order Big U.S. Banks to Suspend Dividends
Business, Andrew Ackerman & Nick Timiraos, Published on 06/04/2020
» U.S. banks will likely be allowed to keep paying dividends to shareholders, according to people familiar with the matter, even as the coronavirus pandemic threatens to create a mountain of bad loans that could eventually weaken the lenders.