Business
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…
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Central
Business
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…
Business
Hong Kong central bank cuts interest rate, tracking Fed move
Hong Kong’s de-facto central bank on Thursday lowered its base interest rate by 25 basis points to 4.25 per cent, tracking a cut by the US…
Fashion
Indonesia to allow central government to lend to local authorities and state companies
Local leaders have said that they may have to raise local taxes to make up the shortfall, which they fear could lead to protests Indonesia…
Business
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…
Business
Philippine central banker sees more easing as graft woes weigh
The Philippine central bank may cut its key interest rate again in December and further next year, as the economic fallout from a…
Business
China’s central bank pledges flexible monetary policy to support growth
China’s central bank pledged on Friday (Oct 24) to calibrate the intensity, timing and pace of monetary policy based on economic…
Business
Indonesia’s central bank surprises with decision to hold rates steady
The overnight deposit and lending rates were also kept at 3.75 per cent and 5.50 per cent Indonesia’s central bank unexpectedly held its…
Business
Thailand monetary policy should remain accommodative, central bank minutes show
The Bank of Thailand will keep monetary policy accommodative to support an economic recovery and remains ready to adjust policy settings…
Business
Malaysia central bank says it will transition to transaction-based benchmark market rates
Malaysia’s central bank said on Thursday that it will transition from the Kuala Lumpur Interbank Offered Rate (KLIBOR) to the Malaysia…
Business
Indian central bank is said to resume FX swaps to aid liquidity
The move highlights the RBI’s effort to balance growth with currency stability as India faces the highest US tariffs in Asia India’s…
Business
Australia central bank to be cautious, data dependent on future policy
Australia’s central bank saw no need for an immediate cut in interest rates at its September policy meeting, given some stickiness in…
News
Why Grand Central Station just replaced all of its ads with art
Commuting in New York City can be a relentless sensory overload—the hustling, the pushing, the yelling, the ads whirling from every side.…
Business
Thai central bank worried over disconnect as global markets soar
The disconnect between the real economy and record-high financial markets worldwide is worrying, according to the Bank of Thailand (BOT),…
Business
Central banks seen holding Bitcoin, gold as key reserves by 2030, Deutsche Bank says
Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening US…
Business
Philippine central bank unexpectedly cuts rates as graft scandal hits confidence
The BSP reduces the overnight target reverse repurchase rate by 25 basis points to 4.75% The Philippine central bank unexpectedly cut the…
Business
Indian central bank steps up offshore FX defence to shield rupee
The local currency’s one-month volatility against the US dollar has fallen sharply this month India’s central bank has ramped up its…
Business
Thai central bank unexpectedly holds key rate at 1.50%
Thailand’s central bank left its key interest rate steady on Wednesday (Oct 8), counter to market expectations for a cut as the economy…
Business
Thai central bank unexpectedly holds rates; trims growth forecast
The forecast for headline inflation this year is cut to zero, from 0.5% previously Thailand’s central bank left its key interest rate…
Business
Australia’s central bank swings to A$11 billion profit, again skips paying dividend to government
The RBA’s equity position improves, led by valuation gains on its gold holdings Australia’s central bank swung to an accounting profit…
Business
NetLink opens S$110 million Seletar Central Office to serve northern Singapore
The facility will benefit upcoming developments including the North-South Corridor and 40,000 new homes Internet service provider NetLink…
Business
Vietnam central bank vows to push growth, limiting credit risks
The trade levies are putting upward pressure on inflation and adding pressure on the currency The State Bank of Vietnam plans to keep…
Business
New Thai central bank chief says he will work with government but maintain independence
Thailand’s new central bank chief said on Wednesday that he will maintain the independence of the central bank while collaborating with…
Fashion
New Thai central bank chief’s arrival fuels bets of larger cut
The leadership transition at the bank also comes as the country sees its third government change in just over two years When Vitai…