Daily Debrief: What Happened Today (Sep 19)

Published Thu, Sep 19, 2024 · 06:30 PM
    • The move to cut interest rates by half a percentage point reflects the Fed’s “growing confidence” that it can maintain strength in the labour market.
    • The move to cut interest rates by half a percentage point reflects the Fed’s “growing confidence” that it can maintain strength in the labour market. PHOTO: BLOOMBERG

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    BUT longer-term impact on markets might be muted given uncertainties around the US economy.


    Condo leasing volumes dipped in August; demand for HDB rentals muted: SRX, 99.co

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    Sand mining requests surge after Indonesia lifts 20-year export ban

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    NEARLY 70 companies are awaiting approval for sediment sand extraction permits as the government reviews applications.


    Market fundamentals limit rate cut support to commodity prices; gold set to inch higher: analysts

    ON THE oil market, rate cuts would only indirectly affect the prices as it secures the US economy’s soft landing.


    Cordlife’s business reset may give minority shareholders the best chance to bail out fast

    THERE is much uncertainty for the company’s minority shareholders amid substantial shareholder dispute, possible lawsuits.

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