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…
BOJ Minutes Highlight Caution Rooted in Japan’s Deflationary Era
Some Bank of Japan board members debating the timing for a rate hike cited the need for caution…
Brazil Finance Minister Says It’s Time to Ease 15% Interest Rate – Bloomberg
Brazil Finance Minister Says It’s Time to Ease 15% Interest Rate BloombergBrazil’s Haddad urges rate cuts, sees 2025 inflation…
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.…
Swiss Inflation Slowdown Sparks Fresh Negative Rate Speculation
Switzerland’s inflation unexpectedly slowed to near zero, adding pressure on the central bank to push back against the…
New World Plans $1.9 Billion Debt Swap With Creditor Haircuts
New World Development Co. plans to issue up to $1.9 billion of new debt in an exchange offer…
Real Estate CEO Says Gen Z’s Housing Struggles Aren’t Special — ‘It Is Just As Tough’ As It Was For Boomers
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Big Tech Earnings Reveal Cracks in Case for Massive AI Spending
A week that saw the Federal Reserve cut interest rates and dozens of US companies report earnings nevertheless…
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…
AI Boom Drives US GDP Growth
I’m Ben Holland, an economics editor in Washington. Today we’re looking at the US AI boom and its…