Market Focus Daily: Thursday, December 19, 2024

US Fed lowers rate by quarter point but projects slower pace of further cuts, firmer inflation; Bank of Japan keeps rate at 0.25% amid economic uncertainty; Asian currencies slip further, Indian rupee at all-time low; Alibaba, BlackBerry among companies selling assets for peanuts after splurging billions buying them.

Synopsis: Market Focus Daily is a closing bell roundup by The Business Times that looks at the day’s market movements and news from Singapore and the region.

Written and hosted by: Emily Liu (emilyliu@sph.com.sg)

Recording engineer: Chai Pei Chieh

Produced and edited by: Claressa Monteiro

Produced by: BT Podcasts, The Business Times, SPH Media

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SEE ALSO

Asia: Stocks track Wall Street down after Fed forecast, BOJ hits yen

Bank of Japan keeps interest rates steady, hawkish board member dissents

Alibaba, BlackBerry among companies selling assets for peanuts after splurging billions buying them

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