Economy

(Reuters) -Singapore Telecommunications (SingTel) reported a 42% fall in its half-year profit on Wednesday, as the firm was hurt by the absense of S$1.2 billion ($896.59 million) it had logged…

By Michael S. Derby NEW YORK (Reuters) – Even with some recent bouts of volatility, it appears money market liquidity levels still remain robust, a top New York Federal Reserve…

By Alden Bentley (Reuters) – A look at the day ahead in Asian markets.  Investors sobered up from post-election euphoria over Republican Donald Trump’s victory and took some profits ahead…

Investing.com — A upside surprise in inflation in weeks leading up to the Federal Reserve’s December meeting, could encourage the central bank to pause rate cuts, Minneapolis Federal Reserve Bank…

(Reuters) -Commonwealth Bank of Australia’s first-quarter cash earnings came in slightly better than market expectations on the back of improved volumes in its home lending and household deposits portfolio and…

By Carolina Mandl NEW YORK (Reuters) – Bridgewater Associates Co-Chief Investment Officer Karen Karniol-Tambour said on Tuesday U.S. stocks are a “good thing” to hold, adding she expects robust economic…

(Reuters) – U.S. banks saw weaker demand for a key category of business loans during the third quarter, while the demand picture for consumer credit card and auto loans also…

(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari said he feels U.S. monetary policy is currently “modestly restrictive,” with short-term borrowing costs continuing to slow inflation and the economy,…

Investing.com — Federal Reserve chair Jerome Powell has made it clear that he is willing to remain in place even if President-elect Donald Trump demands his resignation, but could Trump appoint…

By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management said Honeywell (NASDAQ:HON) should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have…