Developed, emerging markets diverge as Fed keeps rates steady
September 18, 2015
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World

Developed, emerging markets diverge as Fed keeps rates steady

The dollar slumped on Thursday after the U.S. Federal Reserve held interest rates steady amid…

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US consumer prices decrease 0.1 pct in August
September 18, 2015
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Business

US consumer prices decrease 0.1 pct in August

Prices paid by American households declined in August as cheaper gasoline helped keep inflation below…

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Federal Reserve officials cited worries that economic activity could be
September 18, 2015
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World

Federal Reserve officials cited worries that economic activity could be

“When they start to move, they’re going to move slowly”, likely raising rates by no…

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China’s yuan firms on stronger midpoint, Fed decision to hold rates
September 18, 2015
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Business

China’s yuan firms on stronger midpoint, Fed decision to hold rates

“If we can stabilise growth, yuan depreciation expectations could be changed”, said an influential economist…

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Asian shares hit three-week high ahead of crunch Fed meeting
September 17, 2015
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Business

Asian shares hit three-week high ahead of crunch Fed meeting

For Citi, that means buying the yen and selling the Brazilian real, Australian dollar and…

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No liftoff: Federal Reserve leaves rates near 0%
September 17, 2015
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Business

No liftoff: Federal Reserve leaves rates near 0%

However, the market already seems to have accounted for a Fed rate hike by now…

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Bond prices pare gains ahead of Fed decision
September 17, 2015
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Business

Bond prices pare gains ahead of Fed decision

The auctions come after Germany failed to attract enough bids for the amount offered at…

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Dollar underpinned by rising US yields before Fed meets
September 17, 2015
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Business

Dollar underpinned by rising US yields before Fed meets

Westpac is among those expecting the Fed to hike its federal funds rate by 25…

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China’s fiscal revenue growth plummets
September 17, 2015
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Business

China’s fiscal revenue growth plummets

Unsteady global demand and a wobbly Chinese housing market are expected to drag full-year growth…

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Beijing seizes up to $220b in unspent funds from local govts
September 16, 2015
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Business

Beijing seizes up to $220b in unspent funds from local govts

Previously, local governments asked for money, money was given and then no one took action,…

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