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Government & Economy

Fed keeps favourite phrase of markets

JANET Yellen sounded a lot like Santa Claus to traders on Wednesday as the Federal Reserve echoed its promise to hold off on rate hikes for a "considerable time", sparking the biggest rally of the year on the US stock market. European stocks...

Banking & Finance

WITH the easing caution brought on earlier by political changes in the region, bankers are hopeful of more mergers and acquisitions (M&As) in Southeast Asia next year, with Singapore being no exception.

Government & Economy

RUSSIAN President Putin on Thursday attempted to assuage fears of economic collapse and promised rapid recovery as he faced hundreds of journalists during the worst financial crisis of his rule.

Government & Economy

PRESIDENT Barack Obama has the power to further weaken US sanctions against the Communist-run Cuba beyond the normalisation of relations with Havana that he announced on Wednesday, sanctions experts said.

Government & Economy

THE Federal Reserve has built in some wiggle room for rate surprises. The US central bank now puts "patience" above needing "considerable time" for changing monetary policy. It suggests chairwoman Janet Yellen is focusing more on data...

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INFOGRAPHICS

Rouble rousing

Will the rouble rout set off a major currency crisis to rival the shocks of the late 1990s?
 
 

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