Culture
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…
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Bank
News
World Bank: Trump’s Trade War Could Destroy the Global Economy
Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years.…
Culture
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
France’s Societe Generale said on Tuesday (Jun 10) it plans to launch a publicly tradable, dollar-backed stablecoin through its digital…
Culture
Bank of Japan vows to keep raising rates if underlying inflation accelerates
Bank of Japan Governor Kazuo Ueda on Tuesday stressed anew the central bank’s readiness to keep raising interest rates if underlying…
Culture
Barclays cuts more than 200 investment bank jobs to reduce costs
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS…
Culture
Bank of England risks repeat of Brexit pessimism as growth signals diverge
Bank of England (BOE) rate-setters risk underestimating the strength of the UK economy by placing too much faith in downbeat business…
Business
IDF, Shin Bet foil imminent terror attack in northern West Bank
Authorities say the arrest of Muslim Mazarwa, a key figure in the Jenin terror network, could deal a significant blow to planned attacks…
Culture
US Treasury says Bank of Japan should continue to tighten policy
The Bank of Japan should continue to proceed with monetary tightening, which would support a “normalisation of the yen’s weakness” and…
Culture
HSBC chair Tucker to return to Asia insurer AIA after overseeing bank overhaul
HSBC Holdings’ high-profile chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having…
Business
West Bank mayor urges action as illegal entries into Area A endanger lives
"Failure to enforce the law that prohibits Israelis from entering Area A could lead to the next attack, which I want to prevent," the…
Business
World Bank U-turn ends loan ban to Uganda over gay rights
The World Bank says it is lifting a ban on loans to Uganda that it had put in place two years ago when the country passed a draconian new…
Culture
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…
Culture
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…
Culture
Bank of England’s Bailey says uncertain outlook demands careful approach to rate cuts
Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate…
Culture
India bank frauds triple to 360 billion rupees as credit scams swell
The rise in cases underscores the challenges being faced by the banking regulator Bank frauds in India jumped threefold last year, with…
Culture
NTT Docomo to buy SBI’s net bank for 420 billion yen in cutthroat market
The move is part of a capital alliance between the state-backed telecom group and SBI Holdings Docomo is buying SBI Holdings’ online bank…
Culture
NTT Docomo to buy SBI’s online bank for 420 billion yen in cut-throat market
NTT Docomo is buying SBI Holdings’ online bank in a 420 billion yen (S$3.7 billion) deal to shore up the Japanese mobile carrier’s…
Business
Gov't approves establishment of 22 new West Bank settlements
The decision includes plans to renew settlement activity in northern Samaria and develop new communities along the Jordan Valley border.…
Culture
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…
Business
Mapping Israel’s military campaign in the occupied West Bank
Israel is applying many of the tactics used in its war on Gaza to seize and control territory across the occupied West Bank during its…
Culture
Hong Leong Bank forms private banking alliance with Lombard Odier
Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May…
Business
Israeli settlers attack villages in West Bank, several injured
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
Governments condemn Israel for firing towards diplomats in West Bank
More than a dozen governments have condemned Israel after its forces fired in the direction of a diplomatic delegation near the Jenin…
Business
Israeli troops fire ‘warning shots’ at 25 diplomats visiting occupied West Bank
Israeli troops have fired “warning shots” at a group of 25 diplomats who were visiting Jenin, in the Israel-occupied West Bank, on an…