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The Bank of Japan said it will start selling its holdings of exchange-traded funds on Monday (Jan 19), a project that may take more than a century if it proceeds at the currently planned…
Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect with April a distinct possibility, as a sliding yen risks adding to already broadening…
Bank of Japan (BOJ) officials are paying increasing attention to the yen’s potential impact on inflation, with possible implications for future rate hikes after a likely hold decision next…
International Monetary Fund chief Kristalina Georgieva on Thursday underscored the importance of keeping central banks independent and threw her support behind beleaguered Federal Reserve…
The group is in ‘active discussions with hyperscalers and neoclouds’ on the site’s future capacity Asset manager Keppel on Thursday (Jan 15) announced that it has secured a 720 megawatt…
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances China’s central bank will lower interest rates on its structural monetary policy tools by 0.25…
South Korea’s central bank left its benchmark interest rate unchanged in a widely expected move, as authorities monitor the weakening won along with risks of financial imbalances stemming…
Bank of America’s profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets. Softening US labour…
The Bank of Japan’s absence from a list of central banks lining up to support Federal Reserve chair Jerome Powell reflects its aversion to politics and the government’s reluctance to cross…
RICHMOND Federal Reserve President Tom Barkin on Tuesday declined to comment on “stuff that’s been in the news,” a reference to the Trump administration’s threat of indictment against Fed…
Nationwide protests took place over the weekend after Agent Jonathan Ross shot and killed Renee Nicole Good Wednesday. More than 1,000 individual demonstrations were planned. Good was a…
The lender warns the proposal would add huge costs and threaten the continuation of its successful business model UBS on Monday (Jan 12) rejected government proposals to strengthen…
The Philippines’ central bank will keep weighing a feeble growth outlook against gradually rising inflation to set monetary policy in a balancing act that could bring an end to its easing…
Thailand will expand the authority of its central bank in order to better supervise online gold trading, the bank’s governor Vitai Ratanakorn said on Friday (Jan 9). The Bank of Thailand…
Shareholders of Hang Seng Bank on Thursday (Jan 8) voted for a plan floated by its majority owner HSBC to take the bank private, in a landmark move to further boost the Asia-focused…
The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce support for the rupee, traders said. The rupee…
The company says that it plans to allow conversion services between US dollars and USD1 without fees at launch World Liberty Financial, a crypto venture backed by the family of US…
The Chinese authorities have fast-tracked IPOs in the AI and chipmaking sectors due to US’ curbs on high-tech exports China’s leading artificial intelligence (AI) server provider xFusion…
A 41-year-old professional caregiver admitted in court on Monday, December 29, to stealing from two elderly men under his care, including taking one patient's bank card and withdrawing…
Bank of America CEO Brian Moynihan says he's feeling good about where the U.S. economy is headed -- even if consumers don't quite feel the same way yet. Source link
South Korea’s central bank will decide whether and when to implement any further interest rate cuts next year based on a comprehensive assessment of incoming data, it said on Thursday (Dec…
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent Australia’s central bank this month considered whether a rise in…
HSBC Holdings has hired former Citigroup executive Ida Liu to run its global private banking business, according to people familiar with the matter. Liu replaces Gabriel Castello, who was…
THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30 years. The bank decided by a unanimous vote to raise…
