Funding & Business
Gold Holds Gain as Markets Lock in September Rate Cut From Fed
Gold held an advance as the momentum for US interest-rate cuts grew, after Federal Reserve Chair Jerome Powell opened the door to a reduction in September.
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FTSE 100 Live: Pound Drifts Lower, UK Stocks Set to Rise
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Hong Kong’s short-term funding costs have come off their highs this week, with analysts saying local interest rates look to be peaking after they spiked higher last month.
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Indonesia’s state-owned oil giant PT Pertamina is seeking a $2.5 billion short-term loan, according to people familiar with the matter, in what could be among the biggest dollar deals in the nation this year.
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