S&P 500, Nasdaq advance, turning the page on a tumultuous week
The S&P 500 and Nasdaq rose after a volatile week, driven by tech gains, while the Dow fell. High Treasury yields and oil prices kept inflation worries alive.
Finance
BOJ rate hike signals faster pace of tightening amid inflation risks, weak yen: Economists
The Bank of Japan raised interest rates to a 31-year high of 1.25%. Economists suggest inflation risks and a weak yen could drive a faster pace of policy tightening ahead.
Stocks climb as oil retreats, Fed calms inflation fears
Stock markets rose as falling oil prices and the Federal Reserve's rate hike to curb inflation reassured investors, defying President Trump's demands for lower rates.
US securities regulator rolls out five-year exemption for tokenized stock trading
The US SEC has launched a five-year exemption allowing platforms to trade tokenized stocks, aiming to integrate digital assets more deeply into traditional financial markets.
US Fed raises rates to tackle 'too high' inflation, sees more tightening ahead
Defying President Trump's demands, the US Federal Reserve raised interest rates by 0.25 percentage points to combat high inflation, signaling further hikes ahead.
BOJ set to raise interest rates to 31-year high as inflation risks loom
The Bank of Japan is set to raise its interest rate to a 31-year high of 1.25% to combat persistent inflation driven by rising fuel and import costs.
UOB shares rise after Fed hikes rates; yen weakens against Singdollar: Markets this week
Following the US Fed's rate hike, UOB shares rose while the yen weakened against the Singdollar. Volatile oil prices also led to a downgrade for Singapore Airlines.
US Fed raises interest rates for first time in 3 years, sees more tightening ahead
The US Federal Reserve raised interest rates for the first time in three years to combat persistent inflation, signaling further rate hikes ahead.
Singapore, Asia markets fall on Tuesday amid calls for AI slowdown; STI down 1.4%
Singapore and Asian markets fell on Tuesday, with the STI down 1.4%, after US tech executives called for a slowdown in AI development due to safety concerns.
All eyes on US Fed chair Warsh as rate-hike fever spreads across G7 central banks
Rising inflation is pressuring G7 central banks, including the US Fed and Bank of Japan, to raise interest rates, signaling a shift toward tighter global monetary policy.
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
Ahead of a Federal Reserve meeting, President Donald Trump argued that the US should have the world's lowest interest rate, despite expectations of a potential rate hike.
Trump administration to sanction unnamed ‘large’ bank on Sept 14, Bessent says
US Treasury Secretary Scott Bessent announced that the Trump administration will sanction an unnamed large bank on Sept 14 to increase economic pressure on Iran.