Vietnam central bank readies measures to counter tariff impact
The Vietnamese dong has been under pressure in recent weeks, dropping to a record low in June Vietnam’s central bank stands ready to take steps to curb inflation and support…
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Saudi Arabia’s PIF invests in New York City property near Central Park
Saudi Arabia’s Public Investment Fund (PIF) is investing in Related’s site for a tower in midtown Manhattan. PIF has already invested about US$200 million and plans to take about a…
Hong Kong’s de facto central bank intervenes to defend currency peg
Hong Kong’s de-facto central bank said it intervened twice on Friday and sold US$3.78 billion against the Hong Kong dollar after the local currency hit the weak end of its trading…
‘Digman’ Season 2 Release Date Pushed Back at Comedy Central Alongside ‘South Park’
The Comedy Central animated series “Digman!” is the latest show to shift its premiere at the basic cabler. The second season of “Digman!” was slated to debut on July 9, but it will now…
Central banks are ditching the greenback: What’s in favour instead?
Central banks hold a variety of assets, each serving a specific purpose tied to their mandate of maintaining monetary and financial stability. Beyond mandate, a central bank’s holdings are…
Thailand central bank vows to step in if baht moves are unhinged
Thailand’s central bank is ready to tackle excessive baht volatility by managing any moves “unhinged” from its fundamentals, a deputy governor said, amid calls from local businesses to…
Central banks in Asia are becoming wary of currency intervention
Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market. The central banks of India and Malaysia have reduced the size of some…
Taiwan central bank says US debt rising too fast may impact trust in Treasuries
Taiwan’s central bank governor warned on Saturday (Jun 21) that rapidly rising US debt could be “unfavourable” to the outlook for US Treasuries and that US President Donald Trump’s trade…
Indonesia central bank makes market intervention after rupiah depreciation
Indonesia’s central bank intervened in the foreign exchange market in a measured way on Thursday (Jun 19), an official said, after the rupiah had fallen to a one-month low against…
India's central bank to use cash reserve ratio as active liquidity tool
India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather than deploying it only during extreme cash swings, a…
New Zealand central bank says former head quit over funding dispute
Former New Zealand central bank governor Adrian Orr’s surprise resignation in March was due to his disagreements with the treasury over proposed cuts to the bank’s operating…
Karlovy Vary Film Festival Revamps Industry Section With Focus on Central European Co-Production and Inclusion of Series
The Karlovy Vary Film Festival’s Industry Days program, which runs July 6 to 9, has undergone a revamp and is a day longer than in previous years. The program will have a sharpened focus…
India central bank set to deliver third straight rate cut to lift growth
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…
Australia central bank pondered outsized rate cut in May, decided to be predictable
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…
Reebok Taps Slam Jam as Partner in Europe, North and Central America
Authentic Brands Group is partnering with Slam Jam to increase the exposure of its Reebok brand in Europe as well as North and Central America. As part of the deal, the Italy-based…
China's central bank injects 700 billion yuan of outright reverse repos in May
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…
South Korea central bank cuts rate, slashes 2025 growth forecast
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…
New Zealand central bank cuts cash rate by 25 bps
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…
India’s central bank seeks approval for overseas rupee lending: sources
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…
Former central bank deputy governor to head Bank of China: sources
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.…
Australia’s central bank cuts rates to two-year low of 3.85%
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 cuts two key rates to historic lows
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…
Thailand to shortlist central bank chief candidates by July 2, official says
A Thai selection committee plans to shortlist candidates to be the next central bank chief by Jul 2, an official said on Thursday (May 8), ahead of the end of incumbent Governor Sethaput…
New Zealand central bank sees AI adoption posing risk to financial stability
The rapid acceleration of artificial intelligence adoption in financial services presents a risk to financial stability, the Reserve Bank of New Zealand said in a report on Monday.…