Central Banks Will Probably Cut Only Half as Much as They Hiked

Higher-for-longer rate settings reshape market outlook Guggenheim favors corporate bonds, Standard likes German bunds Major advanced economy central banks are likely to take back less than half of the interest-rate hikes they rammed through over the past two years —...

Xi Warns Blinken Against ‘Vicious Competition’ Between US, China

China’s Wang Yi sees rising ‘negative factors’ in relationship Blinken warns Asian nation on supporting Russia’s war machine President Xi Jinping warned America’s top diplomat that the US shouldn’t target or oppose China, as the world’s largest economies wrapped two...

Rapidly Weakening Yen Threatens Higher Power Bills in Japan

Yen’s decline is pushing fossil fuel import costs higher Power bills already set to rise as government curbs subsidies The yen’s relentless decline risks pushing power prices higher for Japan’s households and businesses. Japan buys its fuel in US dollars, and the weak...

Singapore Home Price Rises Slow, Rents Fall as Market Cools

Slowing economy may weigh on prices in coming months Rents remain high despite second quarter of declines Singapore home prices grew at a slower pace last quarter and rents fell, as the city-state’s property boom began to lose steam. Prices for private residences rose...