ISSUANCE of investment-grade corporate debt in April so far has hit US$203.4 billion, slightly below March's record, buoyed by the US Federal Reserve's unprecedented intervention into credit...

[WASHINGTON] The US Federal Reserve on Monday widened a new crisis lending programmes to grant many more cities and counties access to funds aimed at blunting the coronavirus pandemic's economic...

CENTRAL-bank balance sheets are expanding to record levels amid their latest buying spree, raising questions about how big they can get and whether those assets can ever be sold back to markets....

[NEW YORK] Federal Reserve officials are entering a two-week quiet period during which their staff will prepare them for their upcoming policy meeting. This time around, the routine will be a...

[WASHINGTON] President Donald Trump's plan for reopening the US economy following the novel coronavirus pandemic "makes sense" and is consistent with the advice of health experts, Minneapolis...

ANALYSIS

IN 2008, as the global financial system was melting down, America's largest banks continued paying dividends. Those shareholder payouts were made both by institutions that were holding up amid the...

[WASHINGTON] The uncertainty around the global coronavirus pandemic's duration and severity creates "major downside risks" to the US economy, the Federal Reserve said on Wednesday.

CHINA'S central bank will ramp up its policy easing to support the novel-coronavirus-ravaged economy but debt worries and property risks will prevent it from following the US Federal Reserve's...

GOLD'S haven reputation took a serious beating, with prices tumbling as investors sought to free up cash amid a broad and devastating market rout.

[WASHINGTON] US President Donald Trump praised Federal Reserve Chairman Jerome Powell on Monday, ending his criticism of the central bank chief while also calling the strong dollar "good," an...