Business

Prospect of steeper Fed cuts boosts stocks, drives record gold prices

By Pete Schroeder (Reuters) -U.S. stocks advanced on Friday and gold continued to hit record highs as investors looked to whether the Federal...

Strong case for 50 bp Fed cut, says former NY Fed chief Dudley

SINGAPORE (Reuters) - Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest...

Dollar droops, gold at record high as bets for big Fed cut ramp up

By Kevin Buckland TOKYO (Reuters) -The dollar on Friday slumped against the yen while gold hit an all-time peak as investors ratcheted up...

Bank Indonesia to keep rates steady on Sept 18, cut in Q4: Reuters poll

By Rahul Trivedi BENGALURU (Reuters) - Bank Indonesia (BI) will leave interest rates unchanged next week to support the rupiah but was expected...

Dollar weak as traders add to wagers of big rate cut from Fed

By Ankur Banerjee SINGAPORE (Reuters) - The dollar softened on Friday, with the euro and the yen on the rise as investors remained...

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