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Business News > Mint Authors > Richard Leong

Richard Leong

ARTICLES BY RICHARD LEONG

Kevin Warsh, who was a Fed governor between 2006 and 2011 and resigned from the board due to disagreements over the central bank’s bond-buying programme, has long been regarded as one of the front-runners to succeed current chair Janet Yellen. Photo: AP

Donald Trump met Kevin Warsh over potential Fed chair nomination

1 min read . 29 Sept 2017

Private payroll gains in the month earlier were revised down to 245,000 from the originally reported 298,000. Photo: Bloomberg

US companies hire most workers in over two years: ADP report

1 min read . 05 Apr 2017

Bank of Japan building in Tokyo. Photo: Reuters

Bank of Japan may rattle global bond markets as Fed seen on hold

4 min read . 20 Sept 2016

Bond and gold prices fell on expectations the Federal Reserve may raise interest rates by year-end following the recent batch of encouraging US economic data.

US stocks keep winning streak, sterling drops

2 min read . 23 Jul 2016

The Dow Jones industrial average was up 14.72 points, or 0.08%, to 18,573.73, the S&P 500 was up 3.23 points, or 0.15%, to 2,167.01 and the Nasdaq Composite was 27.29 points, or 0.54% higher, at 5,063.66. Photo: Bloomberg

S&P, Dow set records; dollar hits 4-month high

2 min read . 20 Jul 2016

Federal Reserve to ‘probably’ hike rates in October: New York Fed chief

1 min read . 28 Sept 2015

The Dow Jones fell 47.61 points, or 0.26%, to 17,982.24, the S&P 500 slipped 3.66 points, or 0.17%, to 2,096.02 and the Nasdaq declined 3.03 points, or 0.06%, to 4,903. Photo: AFP34.

Global stocks retreat on Greek uncertainty, oil tumbles

2 min read . 19 Feb 2015

In midday US trading, the Dow Jones was down 190.51 points, or 1.09%, at 17,311.14. The S&P 500 was down 22.72 points, or 1.12%, at 1,997.86. The Nasdaq was down 73.11 points, or 1.57%, at 4,579.46. Photo: Bloomberg

Global stocks sink, bonds rise on oil, euro zone worries

2 min read . 06 Jan 2015

The Dow Jones fell 5.52 points, or 0.03 percent, to 17,953.27, the S&P 500 slipped 0.88 point, or 0.04 percent, to 2,074.49, and the Nasdaq shed 9.00 points, or 0.19 percent, to 4,789.75. Photo: Bloomberg

US, European stocks fall; oil hits 5-year low

2 min read . 08 Dec 2014

The dollar index, which measures it against a basket of six major currencies, has gained almost 8% over the last three months, the biggest quarterly gain since 2008 and a record-breaking 11 successive weeks of gains. It was last up 0.4% at 85.93. Photo: AFP

Dollar hits 4-year high, heads for best quarter in 6 years

2 min read . 30 Sept 2014

Oil prices in London fell to a two-year low on rising supply and muted demand, which outweighed concerns over growing US involvement in Iraq and Syria. Photo: AFP

Global stocks slip, sterling rebounds on Scotland poll results

2 min read . 11 Sept 2014

The MSCI world equity index, which tracks shares in 45 nations, rose 0.37% or 0.09%, to 432.01. Photo: AFP

US stocks near record high, European yields slip further

2 min read . 27 Aug 2014

On Wall Street, the Dow Jones industrial average gained 82.04 points, or 0.50%, at 16,442.22. The Standard & Poor’s 500 Index was up 7.15 points, or 0.38%, at 1,880.96. The Nasdaq Composite Index was up 7.17 points, or 0.16%, at 4,365.14. Photo: AFP

Global stocks rise on Ukraine diplomacy, euro climbs on ECB

2 min read . 07 Mar 2014

The Dow Jones industrial average was up 5.43 points, or 0.03%, at 16,483.84. The Standard & Poor’s 500 Index was down 1.49 points, or 0.08%, at 1,839.91. The Nasdaq Composite Index was down 3.02 points, or 0.07%, at 4,153.57. Photo: Getty Images/AFP

World share markets rise to 6-year high, euro gains

3 min read . 31 Dec 2013

The MSCI world equity index, which tracks shares in 45 nations, fell 0.2% to 393.41, giving back some of Monday’s 0.6% gain. Photo: Getty Images/AFP

Global stocks, dollar dip as Fed policy-makers meet

3 min read . 18 Dec 2013

Prolonging the budget impasse that caused the government shutdown, which has kept hundreds of thousands of federal employees and contractors out of work, would exact a toll on consumer spending and the overall economy. Photo: Bloomberg (Bloomberg)

Washington hammers US consumer sentiment to 9-month low

3 min read . 11 Oct 2013

The dollar fell against major currencies, hitting a six-month low against the euro on uncertainty whether the US Federal Reserve will reduce its bond purchases, though the weaker US currency helped steady gold prices. Photo: AFP (AFP)

US bond yields fall from 2-year peaks; Wall Street rebounds

3 min read . 21 Aug 2013

MSCI’s world equity index was down 0.25% on the day at 375.09, held back partly due to weakness in Asian shares on concerns over China’s outlook and a subsequent downturn on Wall Street from its record highs. Photo: AFP (AFP)

US stocks fall on earnings, bonds sag on data

3 min read . 25 Jul 2013

A file photo of traders on the floor of the New York Stock Exchange. Photo: AFP (AFP)

World stocks rise on China economic signal, dollar falls

3 min read . 24 Jul 2013

Traders work on the floor of the New York Stock Exchange. Photo: AFP (AFP)

Stocks near 5-year high on Japan elections; yen jumps

3 min read . 23 Jul 2013