DBS Profit Tops Estimates as Wealth Management Fees Surge
DBS Group Holdings Ltd. posted higher-than-expected profit supported by sustained momentum in its wealth management business and robust…
AI and the Fed: The Bank’s Wait-and-See Approach Can’t Last
Financial markets are obsessed with AI, and the broader public is aware of its looming impact on jobs…
Australia’s central bank sees core inflation stuck above target out past mid-2026
Australia’s central bank now sees core inflation staying above its target band out to the middle of 2026.…
Fed’s Schmid Cites Inflation Risks in Dissent Against Rate Cut
Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank’s decision…
Şimşek says recent price data don’t alter disinflation perception
Türkiye’s disinflation process remains on track despite recent price data, Treasury and Finance Minister Mehmet Şimşek said on…
US Inflation Traders Dust Off Obscure Alternative to CPI Data
Traders in a $7 trillion market are grappling with the unprecedented scenario of having to price securities tied…
Bessent Calls on Japan to Give BOJ Space to Fight Inflation
US Treasury Secretary Scott Bessent called on Japan’s new government to give the nation’s central bank the space…
RBA Faces Tough Balancing Act on Interest Rates, Governor Bullock Says – Bloomberg.com
RBA Faces Tough Balancing Act on Interest Rates, Governor Bullock Says Bloomberg.comAustralian Dollar holds gains as US Dollar declines…
Australia Jobs Still Tight, Inflation Sticky, RBA Chief Says
Australia’s labor market is still tight while inflation is proving sticky, Reserve Bank Governor Michele Bullock said, signaling…
Bessent Says Japan’s Expansionary Policy Helping Stocks
US Treasury Secretary Scott Bessent spoke favorably of Japanese Prime Minister Sanae Takaichi’s expansionary fiscal stance, telling his…
Ex-PBOC Adviser Says China Should Let Investment Play Larger Role for Economy
China should let investment play a larger role in boosting the economy, a former central bank adviser said,…
Euro Zone to Get Hard Data on Tariff Damage as ECB Sets Rates
Europe will get a rigorous economic health-check this week, helping gauge the impact of US tariffs on growth…