Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

Fed’s Powell Signals No Rush for Rate Cuts as Economy Remains Strong

Malaysia’s Growth Slows in Q3; China’s Consumption Rebounds, Home Prices Decline at Slower Pace

In a key market update, Federal Reserve Chairman Jerome Powell stated that there is no immediate need for rate cuts, despite ongoing economic strength in the US. Meanwhile, Malaysia’s economy showed slower growth in the third quarter of the year, signaling potential challenges ahead. On the other hand, China saw a rebound in consumer spending, although home prices continued to fall at a slower rate, reflecting a gradual stabilization in the housing market.

In Singapore, Goodwill Entertainment made its trading debut, starting at S$0.21, which is 5% above its IPO price, signaling positive investor sentiment. This daily roundup offers insight into key market developments in the region.

Leave a Reply

Your email address will not be published.