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Concerns over Takaichi’s spending plans have sent government bond yields to multi-decade highs and the yen has weakened to its lowest level since January Sanae Takaichi’s spending plans…
Beijing is trying to cultivate first-class domestic investment banks capable of standing up to global heavyweights China International Capital Corporation (CICC) plans to acquire two…
The central bank has spurned market expectations at half of its 10 policy meetings so far this year Bank Indonesia’s (BI) balancing act between stability and growth has lately led to more…
The Federal Reserve's top banking regulator on Tuesday released new guidelines for the agency's supervision of the financial system, earning praise from industry trade groups and criticism…
THE US central bank’s top banking regulator on Tuesday defended efforts to revamp oversight of the sector, as she faces warnings that weakened supervision could destabilise the financial…
Transition is supposed to convey the notion of transforming an asset to green from brown Deutsche Bank increased its environmental, social and governance (ESG)-related financing goals to…
It wants to increase revenue to around 37 billion euros in 2028, up from around 32 billion euros in 2025 Deutsche Bank on Monday (Nov 17) unveiled new profit and revenue targets for the…
Last week, Fast Company reported that regional banking giant TD Bank is planning to close more than 50 U.S. locations by the end of January. But TD Bank isn’t the only regional bank…
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing ABN Amro Bank said it will acquire NIBC Bank from Blackstone for about 960 million euros (S$1.45…
It will keep liquidity ample, keep prices reasonable, and lower the costs of banks’ liability and social financing China’s central bank said on Tuesday (Nov 11) that it would maintain an…
“JUST popping in to say hello.” Late one Tuesday night, Bank of Thailand Governor Vitai Ratanakorn surprised more than a hundred journalists in the bank’s media group chat with a direct…
Singapore is looking to implement what would be a world-first national roll-out of bank tokens Physical banking tokens are making a comeback. The Monetary Authority of Singapore (MAS) is…
The central bank is committed to achieving a 15% total budget reduction over the 2026 to 2028 period The Bank of Canada is planning to eliminate hundreds of jobs, about 10 per cent of its…
The Bank of England kept borrowing costs on hold on Thursday (Nov 6) but a narrow vote and signs that governor Andrew Bailey might soon join those seeking a rate cut keeps the door open…
NAB and the rest of Australia’s ‘Big Four’ banks rely heavily on the strength of the housing market National Australia Bank (NAB) chief executive Andrew Irvine said Australia needs to…
Malaysia’s central bank held its benchmark interest rate steady at its final policy review of the year on Thursday (Nov 6), as expected by economists, amid subdued inflation and steady…
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su The US dollar has lost significant value in 2025 amid tariff uncertainty,…
US stocks closed sharply lower on Tuesday as big banks warned that equity markets could be headed for a drawdown, reflecting mounting concerns over stretched valuations. All three major US…
India’s top financial crimes agency said it had seized properties worth over US$846 million from firms linked to beleaguered tycoon Anil Ambani as part of a bank fraud probe. Anil, the…
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend on rupiah stability and the effectiveness of…
Could Netflix become the future home of the DC Universe’s Superman and Batman superhero films, the Harry Potter and Barbie film franchises — and owner of a trove of classics like…
The Bank of Japan kept interest rates on hold Thursday at 0.5 per cent, as widely expected by economists. The announcement came after the first monetary policy meeting since Sanae Takaichi…
The Bank of Japan is widely expected to keep interest rates steady on Thursday, but reiterate its resolve to continue pushing up still-low borrowing costs to fend off the risk of further…
Hong Kong’s de-facto central bank on Thursday lowered its base interest rate by 25 basis points to 4.25 per cent, tracking a cut by the US Federal Reserve. It was the second easing by the…
