Culture
Bank of Japan debated weak-yen risk, scope for more rate hikes at January meeting, summary shows
BANK of Japan (BOJ) policymakers discussed the likelihood of raising interest rates further with some warning of upside inflation risks…
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Bank
Culture
India central bank injects US$5.10 billion via FX swap to ease cash crunch
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…
Fashion
Hong Kong central bank keeps base rate unchanged as Fed holds steady
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…
Business
Two militants killed in Israeli drone strike in West Bank
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Fashion
DBS raises stake in Shenzhen Rural Commercial Bank
SINGAPORE’S largest lender DBS Bank has acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB), increasing its stake from…
Fashion
Philippine peso may test record low as central bank cuts rates
THE Philippine peso is veering towards an all-time low as the nation’s central bank plans to cut interest rates further in the face of…
News
Bank of Japan Raises Interest Rates to Highest Level Since 2008
In a number of ways, Japan’s economy seems to have gone back in time. Inflation and wage growth are mostly back where they were in the…
Culture
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate - The Business Times
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new…
Business
Spain's Sabadell bank to move HQ back to Catalonia
Sabadell was one of some 7,000 firms to move its headquarters out of Catalonia druing the region's failed 2017 independence bid (JOSE…
Business
Palestinians in West Bank wait anxiously for prisoners to be released
The families of 90 Palestinian prisoners are waiting anxiously in the occupied West Bank for them to be released from Israeli jails as…
Fashion
US: Wall St opens higher after inflation data, strong bank earnings
Wall Street’s main indexes opened higher on Wednesday (Jan 15), as data showed core inflation rose less than expected in December and…
News
Cookies, Cocktails and Mushrooms on the Menu as Justices Hear Bank Fraud Case
In a lively Supreme Court argument on Tuesday that included references to cookies, cocktails and toxic mushrooms, the justices tried to…
Culture
China’s central bank chief vows to supply ample liquidity
CHINA’S central bank chief said on Monday (Jan 13) the government will support moderately loose monetary policy to maintain ample…
Culture
BlackRock faces new deadline from US regulator over bank stakes
BLACKROCK is facing a new demand from a top US regulator over its stakes in banks after the asset manager failed to meet a January…
News
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government…
Business
Israeli drone strike in West Bank kills two children, Palestinians say
Two children were among three Palestinians from the same extended family killed in an Israeli drone strike in the occupied West Bank on…
Culture
Thai central bank rebuffs demand for steps to boost inflation
THAILAND’S central bank is comfortable with the outlook for subdued inflation as it focuses the monetary policy to ensure financial…
Fashion
JPMorgan quits climate finance group, following Citi, Bank of America
JPMORGAN Chase just became the last of Wall Street’s biggest banks to abandon the industry’s largest climate-finance alliance. The No 1 US…
Business
Israeli airstrike targets armed group in West Bank
The Israeli military said early on Tuesday its Air Force attacked a group of armed "terrorists" in the West Bank. A fighter jet targeted…
News
Fed’s Vice Chair to Step Down From Role as Top Bank Supervisor
Michael Barr will step down from his role as the Federal Reserve’s vice chair for supervision by Feb. 28, or sooner if President-elect…
Fashion
Thai central bank says interest rate hold was robust policy amid uncertainty
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…
Culture
Singapore bank earnings to continue riding higher-for-longer rates, wealth sector growth in 2025
SINGAPORE banks will likely post earnings growth in 2025, led by higher-for-longer rates and a strong wealth management business, analysts…
Fashion
Thai government says Bank of Thailand chair appointment won’t take too long
THAILAND’S government expects a selection panel to quickly conclude the process to pick a new chairman for the nation’s central bank after…
Fashion
Thai economic uncertainty has increased, central bank minutes say
UNCERTAINTY around the Thai economy has significantly increased primarily due to the unclear impact of possible US economic policies,…