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South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their reserves away from the US dollar, according to…
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to support an underperforming economy facing…
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to support an underperforming economy facing…
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to support an underperforming economy facing…
Land parcels along Cross Street in the Central Business District have been earmarked for redevelopment for residential use, according to the Urban Redevelopment Authority (URA). Located…
Pan joins annual meetings of IMF, World Bank talks in Washington with US, EU and G20 members China’s central bank chief Pan Gongsheng urged countries to help maintain confidence…
Vietnam’s central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank (SCB), the lender at the centre of the country’s biggest financial fraud…
Thailand named a panel to pick a new central bank chief, kickstarting a months-long process to find a successor to incumbent governor Sethaput Suthiwartnarueput, whose rocky five-year…
CHINA’S central bank and financial regulators held a symposium with private enterprises and financial institutions, vowing to increase lending to private enterprises and expand their…
THE Indian central bank’s unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as US$11 billion by one estimate, has reduced the…
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on Friday (Feb 7). China’s gold reserves were 73.45…
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held steady at 2.9 per cent in January, staying within…
INDIA’S central bank injected US$5.10 billion through a foreign-exchange swap auction, using the tool for the first time in five years to ease a severe cash crunch plaguing the financial…
THE Hong Kong Monetary Authority (HKMA) left its base rate unchanged at 4.75 per cent on Thursday (Jan 30), tracking a move by the US Federal Reserve to keep rates steady. Hong Kong’s…
BAKERSFIELD — Maria Casarez was washing dishes at noon Tuesday in her three-bedroom duplex, tidying up before her four children arrived home from school when her husband’s nephew called.…
THAILAND’S central bank said on Monday (Jan 6) that a decision to hold the key interest rate steady last month was a robust policy as the economy is facing heightened uncertainty. Monetary…
UNCERTAINTY around the Thai economy has significantly increased primarily due to the unclear impact of possible US economic policies, minutes of the Bank of Thailand’s (BOT) Dec 18…
AS THE central bank of a leading global financial powerhouse, the Monetary Authority of Singapore’s (MAS) policy decisions can have a wide-ranging impact on the global economy and…
THE Thai government’s campaign to pressure the Bank of Thailand (BOT) to cut interest rates suffered a significant setback, with the Office of the Council of State effectively ruling that…
DAKAR, Senegal (AP) — More than 40 million people are now struggling to feed themselves across West and Central Africa with that number set to rise to 52 million by the middle of next…
THE Philippine central bank is open to delivering another rate cut in its first monetary policy meeting next year, governor Eli Remolona said on Friday (Dec 20). While the Federal Reserve…
SOUTH Korea’s central bank vowed to stabilise financial markets and highlighted the importance of “uninterrupted implementation” of key fiscal and economic measures, in its first statement…
At least 10 Palestinians were killed and dozens more were injured in Israeli airstrikes on the city of Deir al-Balah in the centre of the Gaza Strip, the official Palestinian WAFA news…
Share ✓ Link copied to clipboard! The New York Yankees and Milwaukee Brewers have agreed to terms on a deal that sends All-Star closer Devin Williams to the Bronx in exchange for starting…
