New Home Construction Could Be Headed For a 'Revival'
Cooling mortgage rates and falling prices have helped boost demand for new houses and could spark a home-building "revival," ...
Channel NewsAsia Singapore44m
Dollar firm after Powell pushes back on aggressive easing bets
The U.S. dollar rallied broadly on Tuesday after Federal Reserve Chair Jerome Powell pushed back against bets on more ...
Zawya4m
Fed sees no 'hurry' to cut rates as confidence in economy grows, Powell says
"This is not a committee that feels like it is in a hurry to cut rates quickly," Powell told a National Association for Business Economics conference ...
Sensex, Nifty turn flat; IT stocks rally while FMCG, pharma witness selling pressure
Nifty IT was the top gainer amongst sectoral indices, rising by nearly 1 percent. Excluding TCS which was flat, the remaining ...
Zawya7m
Gold off record highs as Fed's Powell signals smaller rate cuts
Lower interest rates reduce the opportunity cost of holding gold, which is also viewed as a safe asset during economic and political turmoil. The bullion posted its best quarterly gain since 2020 last ...
Dollar Stays Higher After Powell Signals Gradual Easing
The dollar was continuing to rise after Federal Reserve Chair Jerome Powell on Monday indicated that further interest-rate cuts would be gradual after last month's 50 basis-points cut. Speaking at the ...
KTEN31m
Tokyo recovers some losses to lead markets higher
Tokyo led most markets higher Tuesday as a weaker yen boosted exporters and helped traders recover some of their hefty losses ...