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The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday (Dec 5), in line with a consensus view, as record low retail inflation and a benign outlook for prices…
The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points (bps) on Friday (Dec 5) and left the door open for further easing, as it took steps to boost banking-sector…
As US President Donald Trump continues to push regulatory relief for the asset class, crypto has been benefiting from widespread institutional adoption Bank of America will begin allowing…
India’s central bank will tolerate a weaker rupee as the country’s external sector confronts multiple headwinds including a wider trade gap and stalling of dollar inflows into the world’s…
The Fed’s deferred asset reflects losses that must be covered before it can resume payments to Treasury The Federal Reserve appears to have finally turned the corner on a three-year-long…
The model will attempt to replace a transaction-driven view of how banks manage interest rate risks Banks could give investors a clearer view on how they manage risks, such as those…
Data last month showed annual growth slowed to a four-year low of 4.0% in the third quarter A slower growth outlook for the Philippines raises the chances of another policy rate cut at a…
Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si Digital bank GXS is cutting 82 jobs or about 10 per cent of its workforce…
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago Oversea-Chinese Banking Corp (OCBC) shares hit a fresh record as the wealth-management business…
Indonesia will assign US$1 billion to the Brics-led New Development Bank, further boosting ties with the group of developing nations. The country expects its contribution to help fund…
The Bank of Thailand (BOT) plans to roll out additional measures to ease appreciation pressure on the baht and tighten oversight of gold-related foreign-exchange transactions after the…
The Bank of Japan (BOJ) will consider the “pros and cons” of raising interest rates at its next policy meeting, governor Kazuo Ueda said on Monday (Dec 1), giving the strongest signal yet…
Tariff worries have made the rupiah South-east Asia’s worst-performing currency this year Bank Indonesia (BI) will strike a balance between encouraging currency stability and supporting…
Bank of Singapore (BOS) plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks within five years after assets under management rose nearly 20…
Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank of New Zealand Governor Christian Hawkesby told a…
Policymakers signal likely end to easing cycle as economy shows early signs of picking up New Zealand’s central bank cut its benchmark official cash rate (OCR) by 25 basis points to 2.25…
The bank says that there are already worrisome signs in some indicators of consumer stress, citing a US News survey Bank of America (BOA) is sounding the alarm over the explosive growth of…
It underplayed risks in its balance sheet and gave misleading picture of its financial health The European Central Bank is examining claims that Deutsche Bank underplayed risks in its…
It made the decision after failing to get approval for its initial request to buy as much as 49% Singapore’s biggest bank has withdrawn an application to start talks to buy as much as 49…
The Reserve Bank of Indian likely intervened to support the rupee before the local spot market opened on Monday, four traders told Reuters, putting the currency on track to open above its…
THAILAND’S newly-appointed central bank governor says the baht should be weaker to reflect economic fundamentals, and there is room to ease monetary policy further. The baht’s strength is…
The Swiss arm has been increasing compensation of staff, including relationship managers HSBC Holdings’ Swiss private bank is boosting the pay of some of its staff as it looks to ward off…
The Indian rupee weakened to a lifetime low against the greenback on Friday (Nov 21), pressured by shrinking risk appetite amid fading expectations of a Federal Reserve rate cut and…
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19 The Bank of Japan (BOJ) will discuss at upcoming policy meetings the feasibility…
