Interest rates

Iceland votes on whether to start EU membership talks

A supporter of the ‘No’ campaign displays a placard against the EU (’EU – no thanks’), during a rally in Reykjavik on Aug 27.

Fed chairman Kevin Warsh signals rate hikes if above-target inflation persists

US Federal Reserve chairman Kevin Warsh says the central bank has “work to do” if underlying inflation does not cool.

South Korea announces second successive rate hike

Bank of Korea Governor Shin Hyun-song bangs the gavel to open a Monetary Policy Committee meeting at the central bank in Seoul on Aug 27.

Brazil vote offers opposing politics, similar fiscal outcomes

A combination image shows Brazil's President Luiz Inacio Lula da Silva (left) at a ceremony at the Planalto Palace in Brasilia, Brazil, August 8, 2026, and senator Flavio Bolsonaro (right), the Liberal Party (PL) candidate in Brazil's presidential election, during an event announcing Alfredo Gaspar as Bolsonaro's vice-presidential running mate, in Brasilia, Brazil, August 5, 2026. REUTERS/Adriano Machado

Australia inflation runs hot in July, adding to rate hike risk

Data from the Australian Bureau of Statistics showed its monthly consumer price index rose 1.0 per cent in July from June.

South Korea’s early Aug exports extend gains, supporting rate hike case

An export windfall has also bolstered the country’s external position.

Australia jobless rate hits near five-year high of 4.5% in July

The trend adds to signs of a cooling labour market and easing pressure for another interest rate hike.

US Fed policymakers’ inflation concerns increased at July meeting, minutes show

The US Federal Reserve building in Washington. “Several” policymakers at the Fed’s July meeting were ready to raise interest rates, the minutes of the meeting show.

A $400k lesson on why you should not lend money to others

Gold jumps most in 6 months as Hormuz deal progress lowers rate-hike odds

Bullion rose 1 per cent to US$4,347.90 an ounce as at 9.57am on Aug 6, after jumping 4.1 per cent in the previous session, the biggest rise since Feb 3.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.