Tag
India’s central bank will likely cut interest rates for the third straight meeting to boost growth, with market watchers focused on the extent of easing in this cycle. The Reserve Bank of…
Israeli soldiers on Monday blocked an international media tour organized by “No Other Land” directors Basel Adra and Yuval Abraham in the occupied West Bank, preventing journalists from…
The Bank of Japan (BOJ) received a sizeable number of requests to maintain or slightly slow the pace of tapering in its bond purchases from fiscal year 2026 onward, minutes of a meeting…
Australia’s central bank considered cutting interest rates by an outsized 50 basis points last month as “insurance” against global trade risks, but decided to go the predictable route with…
Thailand’s finance ministry is set to issue three virtual banking licences by mid-June – a move that could jolt the country’s lucrative but tightly held financial sector, long dominated by…
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bonds China’s central bank has injected 700 billion yuan (S$125.5…
Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate cuts was justified by ongoing uncertainty about the…
While consumer tools like ChatGPT dominate headlines, IT leaders face an even tougher challenge: keeping pace with an explosion of data demands while making the right infrastructure bets…
The rise in cases underscores the challenges being faced by the banking regulator Bank frauds in India jumped threefold last year, with loans contributing to bulk of the cases,…
NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s financial offerings in a hyper-competitive market. Nippon…
South Korea’s central bank cut interest rates on Thursday (May 29) in a bid to cushion the export-dependent economy from US President Donald Trump’s tariff war, as it almost halved its…
The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would mark its biggest…
The Asian Infrastructure Investment Bank is looking to open new offices in Hong Kong and Singapore, according to people familiar with the matter, in a plan that would mark its biggest…
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as policymakers sought to revive a struggling economy and buffer…
President Donald Trump has fully pardoned Todd and Julie Chrisley after the reality stars were convicted of tax evasion and bank fraud in 2022. White House communications advisor Margo…
Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May 26) announced it has formed a strategic alliance…
India’s central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two…
Deutsche Bank is selling a significant risk transfer (SRT) linked to a portfolio of US$3 billion in corporate loans, according to people with knowledge of the matter, the latest deal to…
[BANFF, Canada] Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will closely monitor the bond market amid surging yields on super-long Japanese government…
China will appoint financial veteran Liu Guiping as chairman of Bank of China, the nation’s fourth largest state-owned bank, two sources with knowledge of the matter said. Liu,…
China will appoint financial veteran Liu Guiping as chairman of Bank of China (BOC), the nation’s fourth-largest state-owned bank, two sources with knowledge of the matter said.…
Bank of Japan (BOJ) board member Asahi Noguchi said on Thursday (May 22) that he saw no need for the central bank to intervene in the bond market to stem recent sharp rises in super-long…
Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and cooling inflation at home, though it…
China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid see-saw trade tensions with the US. Beijing and…
