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HONG KONG: Asia's stocks fell to fresh seven-month troughs on Tuesday, led by a third straight session of heavy selling of Chinese internet giants, while bond and currency markets clung to tight ranges ahead of the Federal Reserve policy meeting.
NEW YORK: U.S. stocks touched record highs in choppy trade on Monday and the dollar weakened, as investors avoided making new, bold bets before this week's Federal Reserve policy meeting, which might offer clues on the outlook for monetary policy.
LONDON: Britain’s biggest financial institutions are on track to meet the Bank of England’s (BoE) deadline to be ready for negative interest rates, giving authorities another tool to aid the economy if the recovery fades.
IF central banks’ policies of zero interest rates and trillions of dollars of bond buying struggled to lift growth and inflation for over a decade, tighter monetary policy may be equally inefficient in reining them in.
Belgian policy maker says new interest rate guidance goes too far
Thai central bank says virus outbreak may cut GDP by 0.8%-2.0% this year but exports are hitting record numbers
Thailand's central bank has announced that a coronavirus outbreak may reduce gross domestic product by 0.8-2.0% this year, as authorities struggle with the country's biggest spread of the virus to date.
The Vietnam Bank for Social Policies has begun accepting applications from businesses for interest-free loans to fund furlough and salary payments, Vietnam news agency (VNA) quoting its deputy director Bui Van Son has said.
NEW YORK: The U.S. dollar on Friday notched a second week of gains, after a few volatile days when currencies moved with shifting risk appetite, as the market shifted focus to next week's Federal Reserve meeting