Treasury Market Signals Rates Need

Treasury Market Signals Rates Need to Be Higher

BOJ chief to deliver key speech as pressure mounts for June rate hike

BOJ chief to deliver key speech as pressure mounts for June rate hike TOKYO, June 3 : Bank of Japan Governor Kazuo Ueda will deliver a closely watched speech on Wednesday that could reveal his thinking on the prospects of a June rate hike, as surging fuel costs from the Iran war broaden price pressures in an already fragile economy. The speech, due at 0830 GMT, is in focus as a potential signal from Ueda that could reinforce prevailing market expectations that the BOJ will raise short-term...

Asian stocks slide on flare-up in Middle East fighting, oil eases off highs

Asian stocks slide on flare-up in Middle East fighting, oil eases off highs "Financial markets shifted back into a risk-off mode as the US and Iran exchanged fire again," analysts from Westpac wrote in a research report. SINGAPORE: Asian stocks fell on Thursday (Jun 4) as renewed fighting between the US and Iran rattled investors, although oil slipped from recent highs after Israel and Lebanon agreed to a ceasefire. MSCI's broadest index of Asia-Pacific shares outside Japan was down 1.5 per...

CNA Explains: What the US forced labour probe means for global trading partners

CNA Explains: What the US forced labour probe means for global trading partners Dozens of economies, including Singapore, could face a new 12.5 per cent levy if the proposed tariffs are implemented. The United States is mulling new tariffs of between 10 per cent and 12.5 per cent on dozens of economies, including Singapore, following a probe into forced labour practices. Analysts said the move is part of Washington’s effort to rebuild broad tariffs after earlier measures were struck down in...

The American Missile Crisis

Recent global conflicts, from Russia and Ukraine to Iran and Israel, have seen a resurgent awareness of the frailty of US munitions stock, which has been drawn down by both direct and indirect involvement in these events. While exact stockpile volumes are not disclosed, it is estimated that supplies of US warheads and the missiles that carry them have declined by nearly an order of magnitude since their peak during the Cuban Missile Crisis. Analysts have estimated that in the event of a...

The Latest: Scott Bessent testifies before the House on Treasury Department priorities

The Latest: Scott Bessent testifies before the House on Treasury Department priorities Treasury Secretary Scott Bessent is back on Capitol Hill to testify before the House Ways and Means Committee on the department’s priorities, one day after he refused to say whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies - Bookmark Treasury...