Tag: global inflation
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Global inflation debate puts BOJ rate-hike pace in spotlight
BANGKOK, Oct 16 : The Bank of Japan may face renewed pressure to increase the pace of interest rate hikes ahead of a key rate review this month, after global inflationary pressures from the Iran war and AI-driven demand shock dominated discussions at this week’s IMF meetings.BOJ Governor Kazuo Ueda will bring
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MAS warns of fresh global shocks and AI pullback, but says Singapore firms and households well-buffered
Economies benefitting from AI-related exports and investments can handle higher debt costs for now, but they are also the most vulnerable if the AI boom cools.
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US tech shares resume sell-off while oil prices retreat
Global stocks mostly fell Tuesday (Jun 9) as US tech shares faced another round of selling followed recent outsized gains and markets weighed the latest uptick in US-Iran tensions.Oil prices retreated, with
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Oil rises, stocks slip on fragile Mideast peace hopes
NEW YORK: Oil prices rose on Wednesday (Jun 3), edging closer to US$100 a barrel while stocks fell as further attacks between the United States and Iran dented hopes of an imminent peace deal.Wall Street indexes tumbled and European stocks were mostly in the red, following a mixed showing
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