Culture
Indian rupee slides to record low, central bank likely intervenes near 89.50/USD
The Indian rupee weakened to a lifetime low against the greenback on Friday (Nov 21), pressured by shrinking risk appetite amid fading…
Tag
Bank
Business
Israel plans to seize major Roman-era historical site in occupied West Bank
Israel plans to seize parts of a key occupied West Bank historical site, according to a government document, as settlers put up a new…
Culture
Bank of Japan drops fresh hints of near-term rate hike as yen slides
The remarks keep alive the possibility of a rate hike as soon as its next policy meeting on Dec 18 and 19 The Bank of Japan (BOJ) will…
Culture
Bank Indonesia policy juggle makes rate moves harder to predict
The central bank has spurned market expectations at half of its 10 policy meetings so far this year Bank Indonesia’s (BI) balancing act…
Blog
Federal Reserve releases new guidance for bank oversight in move praised by industry
The Federal Reserve's top banking regulator on Tuesday released new guidelines for the agency's supervision of the financial system,…
Culture
US Fed official defends easing of bank oversight as concerns mount
THE US central bank’s top banking regulator on Tuesday defended efforts to revamp oversight of the sector, as she faces warnings that…
Culture
Deutsche Bank unveils more ambitious cost and profit targets for 2028
It wants to increase revenue to around 37 billion euros in 2028, up from around 32 billion euros in 2025 Deutsche Bank on Monday (Nov 17)…
Business
Terror in the West Bank is exploding - can the IDF avert it?
The West Bank has been largely ignored by the media due to Israel's other fronts - but that does not mean it was ignored by the IDF and…
Business
Knesset advances first reading for tax benefits bills for Ashkelon, southern Israel, West Bank
The bills will now be brought to the Knesset’s committees for further discussion before being brought back to the plenum, where they will…
Business
Italian government faces a high-stakes bank merger clash with Brussels
On Wednesday, the Eurogroup — the meeting of finance ministers from eurozone countries — will discuss whether the Italian government's use…
Culture
ABN Amro to buy NIBC Bank from Blackstone for 960 million euros
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing ABN Amro Bank said it will acquire NIBC Bank…
Business
Israeli forces kill three in Gaza as settlers attack in occupied West Bank
Israeli forces have killed at least three people in Gaza in the last 24 hours, according to Palestinian officials, as Israeli settlers in…
Culture
China’s central bank to maintain accommodative policy as challenges persist
It will keep liquidity ample, keep prices reasonable, and lower the costs of banks’ liability and social financing China’s central bank…
Culture
Thailand’s central bank chief breaks tradition with a simple ‘hello’
“JUST popping in to say hello.” Late one Tuesday night, Bank of Thailand Governor Vitai Ratanakorn surprised more than a hundred…
Culture
Phishing for trouble: The returning physical bank token is no silver bullet
Singapore is looking to implement what would be a world-first national roll-out of bank tokens Physical banking tokens are making a…
Culture
Bank of England keeps rates on hold in knife-edge vote that hints at cut soon
The Bank of England kept borrowing costs on hold on Thursday (Nov 6) but a narrow vote and signs that governor Andrew Bailey might soon…
Culture
Malaysia's central bank holds key rate at 2.75%, as expected
Malaysia’s central bank held its benchmark interest rate steady at its final policy review of the year on Thursday (Nov 6), as expected by…
Culture
Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility
Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su The US dollar has lost…
Culture
India freezes over 75 billion rupees in assets tied to Anil Ambani in bank fraud probe
India’s top financial crimes agency said it had seized properties worth over US$846 million from firms linked to beleaguered tycoon Anil…
Culture
Indonesia central bank chief sees room for another rate cut
Indonesia’s central bank governor said on Monday (Nov 3) there was still room for another interest rate cut, but the timing would depend…
Culture
Bank of China delivers 5% gain in profit as margin stabilises
Bank of China reported a 5 per cent increase in third-quarter profit, as the lender managed to stabilise its net interest margin despite…
Business
Israeli military says three militants killed in northern West Bank
The Israeli military on Tuesday said it killed three militants in the north of the West Bank in a "counterterrorism operation." The Israel…
Culture
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…
Culture
Swiss National Bank likely intervening to weaken franc: UBS
The Swiss National Bank (SNB) is probably stepping into the market to weaken the franc, according to economists at UBS Group. “Current…