Hong Kong central bank cuts interest rate, tracking Fed move
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…
Tag
Central
China's central bank to resume bond trading on open market
China’s 10-year government bond yield fell sharply by 2 basis points following comments by PBOC governor China’s central bank will resume buying and selling treasury bonds on the open…
Philippine central banker sees more easing as graft woes weigh
The Philippine central bank may cut its key interest rate again in December and further next year, as the economic fallout from a corruption scandal may linger to the end of 2026, an…
China’s central bank pledges flexible monetary policy to support growth
China’s central bank pledged on Friday (Oct 24) to calibrate the intensity, timing and pace of monetary policy based on economic conditions to support stable growth. The People’s Bank of…
Indonesia’s central bank surprises with decision to hold rates steady
The overnight deposit and lending rates were also kept at 3.75 per cent and 5.50 per cent Indonesia’s central bank unexpectedly held its key interest rate steady on Wednesday, surprising…
Thailand monetary policy should remain accommodative, central bank minutes show
The Bank of Thailand will keep monetary policy accommodative to support an economic recovery and remains ready to adjust policy settings as needed, the minutes of the central bank’s Oct 8…
Malaysia central bank says it will transition to transaction-based benchmark market rates
Malaysia’s central bank said on Thursday that it will transition from the Kuala Lumpur Interbank Offered Rate (KLIBOR) to the Malaysia Overnight Rate (MYOR) and the Malaysia Islamic…
Why Grand Central Station just replaced all of its ads with art
Commuting in New York City can be a relentless sensory overload—the hustling, the pushing, the yelling, the ads whirling from every side. Getting to work can feel like a frantic race of…
Thai central bank worried over disconnect as global markets soar
The disconnect between the real economy and record-high financial markets worldwide is worrying, according to the Bank of Thailand (BOT), as asset prices soar despite mounting shifts in…
Central banks seen holding Bitcoin, gold as key reserves by 2030, Deutsche Bank says
Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening US dollar, according to Deutsche Bank. Marion Laboure, a…
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75% The Philippine central bank unexpectedly cut the benchmark interest rate by a quarter point on…
Indian central bank steps up offshore FX defence to shield rupee
The local currency’s one-month volatility against the US dollar has fallen sharply this month India’s central bank has ramped up its interventions in offshore currency markets to defend…
Thai central bank unexpectedly holds rates; trims growth forecast
The forecast for headline inflation this year is cut to zero, from 0.5% previously Thailand’s central bank left its key interest rate steady on Wednesday (Oct 8), surprising markets which…
Australia’s central bank swings to A$11 billion profit, again skips paying dividend to government
Australia’s central bank swung to an accounting profit last financial year on lower bond yields and a depreciating currency, though it remained in negative equity and did not pay a…
NetLink opens S$110 million Seletar Central Office to serve northern Singapore
The facility will benefit upcoming developments including the North-South Corridor and 40,000 new homes Internet service provider NetLink NBN Trust opened a S$110 million new central…
Vietnam central bank vows to push growth, limiting credit risks
The trade levies are putting upward pressure on inflation and adding pressure on the currency The State Bank of Vietnam plans to keep pursuing policies to spur growth while containing…
New Thai central bank chief says he will work with government but maintain independence
Thailand’s new central bank chief said on Wednesday that he will maintain the independence of the central bank while collaborating with the government to address the country’s economic…
New Thai central bank chief’s arrival fuels bets of larger cut
The leadership transition at the bank also comes as the country sees its third government change in just over two years When Vitai Ratanakorn takes over on Wednesday (Oct 1) as the new…
Chase Infiniti Says Regina Hall Is the ‘Central Force’ of ‘One Battle After Another’ and Teyana Taylor Made Perfidia ‘Even More Colorful’
Chase Infiniti is living the dream she never fully believed would come true. The 24-year-old Indianapolis native makes her feature debut in Paul Thomas Anderson’s “One Battle After…
Central Park SummerStage Benefit Party, Honoring Questlove, Raises Nearly $1 Million
On Thursday night, the City Parks Foundation 2025 Dinner & Dance Party Benefit, this year honoring Grammy-and-Oscar-winning drummer, filmmaker, author, DJ and producer Ahmir “Questlove”…
China's central bank pledges to step up policy support for growth
China’s central bank said on Friday (Sep 26) it will step up monetary policy adjustments and strengthen coordination between monetary and fiscal policies to support economic growth amid a…
Indonesia central bank to use all available instruments 'boldly' to stabilise rupiah
The central bank is certain that currency stabilisation efforts will guide the rupiah to reflect fundamental value Indonesia’s central bank is committed to maintaining rupiah stability by…
Dallas Fed President says central bank should consider replacing its benchmark rate
LORIE Logan, president of the Federal Reserve Bank of Dallas, has proposed replacing the central bank’s benchmark federal funds rate - the primary tool the central bank has used to steer…
China central bank unveils steps to boost yuan bond market in Hong Kong
China’s central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global use of its currency, a senior official said on…