PBOC's mortgage rate cut is one of two measures that could 'really save' China's real estate: UOB Kay Hian
Qi Wang, CIO, wealth management at UOB Kay Hian, discusses "two concerns" he has about the Chinese market and the recent ...
The Reason China Will Devalue The Yuan
Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...
China's central bank pledges to adjust policy to support growth
China's central bank said on Thursday it would adjust its monetary policy at the appropriate time to support the economy, ...
Fed to wait for months on next rate cut as tariffs risk inflation flare up: Reuters poll
Faced with the threat of rising inflation, the U.S. Federal Reserve will wait until next quarter before cutting rates again, ...
Tariffs Could Reduce Chance Of Fed Interest Rates Cuts In 2025
Tariffs on U.S. goods and services may complicate the Federal Reserve’s decision making as market expectations for 2025 ...
Trump: Fed's interest rate pause was 'the right thing to do'
Donald Trump said Sunday the Federal Reserve was right to keep interest rates unchanged, a new comment that comes as Fed ...
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China's tax cuts boost high-tech, manufacturing growth in 2024
BEIJING - China's main policies supporting sci-tech innovation and the development of the manufacturing industry saw tax cuts ...
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Reserve Bank of Australia to cut rates amid turbulent conditions
Headline CPI corrected meaningfully from 3.8% in June 2024 to 2.4% in the third quarter, slightly below the mid-point of the ...
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Mortgage Rate Predictions for Week of Feb. 3-9, 2025
Mortgage rates fluctuate daily, so a little volatility can always be expected. On Monday, the average rate on a 30-year fixed ...
Porsche Will Cut 1,900 Jobs Amid Sluggish EV Growth
Porsche will cut 1,900 jobs in Germany amid profitability concerns linked to the sluggish electric vehicle uptake rate in Europe and slowing overall growth in China. The job cuts will come on top of ...