BEIJING – China’s central government is allowing nearly two dozen cities to lower mortgage rates for purchases of primary residences, in a move analysts said…
NEW YORK – At the United States Federal Reserve’s meeting on Wednesday, alongside warnings of pain to come, policymakers sketched out a hopeful scenario in…
TOKYO – The Bank of Japan (BOJ) continued to stand by its ultra low interest rates just hours after the Federal Reserve’s latest rate hike, as…
NEW YORK – US Federal Reserve officials released both an interest rate decision and a fresh set of economic projections on Wednesday. Officials raised borrowing…
WASHINGTON – Federal Reserve chairman Jerome Powell vowed officials would crush inflation after they raised interest rates by 75 basis points for a third straight…
SINGAPORE – Singaporeans are squirrelling away more money in the bank after local lenders raised interest rates on their flagship savings accounts. DBS Bank lifted…
NEW YORK – As concerns around inflation persist, mortgage rates climbed above 6 per cent this week, their highest point since late 2008 and more…
NEW YORK – The euro slid on Thursday against the US dollar despite a record interest rate hike by the European Central Bank as Federal…
NEW YORK – Wall Street stocks fell on Tuesday, extending an equity downturn as worries about tightening central bank policy and Europe’s energy woes offset…
SINGAPORE – Interest rates for fixed deposits are moving up and are now at the same or even higher than pre-Covid-19 levels amid an increasingly…
JACKSON HOLE, WYOMING (BLOOMBERG) – US central bankers stressed the need to keep raising interest rates and St Louis Fed chief James Bullard said officials should…
NEW YORK (AFP) – Wall Street equities finished with solid gains on Thursday (Aug 25), boosted by upbeat economic data and despite more Federal Reserve…
LONDON (REUTERS, BLOOMBERG) – Economic activity weakened from the United States to Europe to Asia, reinforcing concerns that soaring prices and the war in Ukraine will…
BEIJING (BLOOMBERGm REUTERS) – China cut its benchmark lending rates on Monday (Aug 22), adding to last week’s easing measures, as Beijing boosts efforts to revive…
Our median mortgage rates have almost doubled over the past six months. As more rate hikes are on the cards, how will our residential market…
BEIJING (REUTERS) – A Chinese property think-tank apologised on Thursday (Aug 11) for sparking a heated public discussion with its report on rising housing vacancy…
WELLINGTON (BLOOMBERG) – New Zealand house prices fell the most since the global financial crisis in the three months through July as soaring interest rates…
SINGAPORE – DBS Bank on Monday (Aug 1) raised interest rates on its flagship Multiplier deposit account, in a first across-the-board move by a local…
SINGAPORE – Auction listings rebounded by 47.5 per cent in the second quarter of 2022 as interest rates surged, according to Knight Frank’s market update on…
SINGAPORE – If you think you can save more by paying in cash when overseas, it is time to wise up. The intense fight for…