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.…
ECB keeps interest rates unchanged as economy withstands trade shock – POLITICO
ECB President Christine Lagarde confirmed during her press conference that “from a monetary policy point of view, we are in a…
Dollar Rallies to Highest Since August on Fed Hawkishness
The dollar climbed to the highest level in three months, propelled by a weakening yen and the Federal…
Gold Rises as Traders Weigh Trump Comments on China Trade Deal
Gold jumped after a run of losses as traders digested comments from President Donald Trump following his closely…
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…
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…
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…
China Grows Bolder in Yuan Push as PBOC Drops Cautious Tone
China’s central bank is communicating more confidently about its push to expand the yuan’s role in the global…
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,…