Culture
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…
Tag
Bank
Business
Sirens sound in Dead Sea, West Bank areas as Houthis fire ballistic missile from Yemen
The IDF announced that the missile was intercepted. Sirens sounded in the Dead Sea and parts of the West Bank as a ballistic missile was…
Business
Israeli settlers attack Deutsche Welle reporters in West Bank
Israeli settlers have attacked two Deutsche Welle (DW) reporters in the occupied West Bank, Germany's international broadcaster said on…
Culture
Bank of England’s policymaker warns neutral rate question can’t be avoided
Bank of England (BOE) policymaker Alan Taylor said UK officials cannot sidestep the question of where interest rates will settle, in a…
Business
Dozens of Palestinian Bedouin families flee Israeli violence in West Bank
At least 50 Palestinian families from a Bedouin community in the occupied West Bank have fled their homes, following repeated assaults and…
Culture
Deutsche Bank, SeaTown join VinFast’s US$510 million private debt: sources
Deutsche Bank and SeaTown Holdings International are among the lenders providing a US$510 million private credit loan to VinFast Auto,…
Culture
Ripple applies for US national bank charter as crypto eyes next frontier
The move reflects a broader push by crypto firms for regulatory clarity and deeper integration with the traditional financial system…
Culture
Standard Chartered faces US$2.7 billion lawsuit over alleged role in 1MDB fraud; bank ‘emphatically rejects’ claims
Liquidators seeking to recoup misappropriated funds from Malaysia’s sovereign wealth fund 1Malaysia Development Berhad (1MDB) have…
Fashion
Sorry Not Sorry —30 Makeup, Skin, and Haircare Finds That Will Eventually Fill My Bank Statement
I'll just come right out and say it: My self-control is lacking in the beauty department. I want to test, swatch, and order just about…
Culture
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…
Culture
Bank of Korea overhauls repo framework amid changing liquidity conditions
The Bank of Korea (BOK) said it’s revamping its open market operation framework to increase its operational flexibility to manage…
Culture
Indonesia’s yield curve may steepen as Bank Indonesia unwinds intervention
Indonesia’s sovereign yield curve is set to steepen as the central bank reduces its use of short-term rupiah securities, prompting a shift…
Culture
US Federal Reserve releases plan to relax key bank capital rule
The US Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more…
Culture
Bank of Korea warns of housing, debt risks as easing continues
Persistent housing price gains, particularly in the Seoul metropolitan area, could accelerate debt accumulation in South Korea and pose…
Culture
World Bank and IMF climate snub ‘worrying’, says COP29 presidency
The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost…
Culture
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…
Culture
Slow rate hikes could cause wage-price spiral, Bank of Japan paper says
Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and consumer prices,…
Culture
Top Thai billionaires-backed groups win digital bank permits
Three groups led by Charoen Pokmhand Group, Gulf Development and SCB X have clinched Thailand’s new virtual bank licences to boost…
Culture
Bank of England keeps rates steady, sees further loosening as jobs market weakens
The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker…
Culture
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…
Culture
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc. The quarter-point…
Culture
Julius Baer’s new CEO takes on old guard to revamp Swiss bank
On his first day as chief executive officer, Stefan Bollinger told staff at Julius Baer Group that they should not be afraid to speak up…
Culture
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while also leaving its benchmark interest…
Culture
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…