Business
Singapore’s central bank chief on crypto, AI and battling inflation
AS THE central bank of a leading global financial powerhouse, the Monetary Authority of Singapore’s (MAS) policy decisions can have a…
Tag
Central
Business
Thai government suffers setback in bid to influence central bank
THE Thai government’s campaign to pressure the Bank of Thailand (BOT) to cut interest rates suffered a significant setback, with the…
Business
Philippine central bank extends 2% to 4% inflation target through 2028
THE Philippines’ central bank said on Friday (Dec 27) it will maintain its current annual inflation target of 2 to 4 per cent through to…
Business
UN food agency says 40 million people are struggling to feed themselves in West and Central Africa
DAKAR, Senegal (AP) — More than 40 million people are now struggling to feed themselves across West and Central Africa with that number…
Business
Philippines may open 2025 with rate cut, central banker says
THE Philippine central bank is open to delivering another rate cut in its first monetary policy meeting next year, governor Eli Remolona…
Business
Hong Kong central bank cuts interest rate, tracking US Fed move
THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by 25…
Business
China central bank urges financial institutions to guard against rate risks in bond market
CHINA’S central bank on Wednesday (Dec 18) urged financial institutions to guard against interest rate risks when trading in bonds,…
Business
South Korea’s central bank vows to stabilise markets amid political turmoil
SOUTH Korea’s central bank vowed to stabilise financial markets and highlighted the importance of “uninterrupted implementation” of key…
News
Report: 10 killed in Israeli attack in central Gaza
At least 10 Palestinians were killed and dozens more were injured in Israeli airstrikes on the city of Deir al-Balah in the centre of the…
Business
Yankees-Brewers Trade Leaves Door Open For Cubs, Reds In NL Central
Share ✓ Link copied to clipboard! The New York Yankees and Milwaukee Brewers have agreed to terms on a deal that sends All-Star closer…
Business
Bank of England set to stay in central bank slow lane and keep rates on hold
THE Bank of England (BOE) looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central…
Business
India appoints Sanjay Malhotra as new central bank chief
INDIA named Sanjay Malhotra, a career bureaucrat, as the new governor of the nation’s central bank, ending weeks of speculations over who…
News
Reports: 21 killed, 30 injured in Israeli airstrike in central Gaza
At least 21 people have been killed and 30 injured in an Israeli airstrike in Gaza, Palestinian reports said on Saturday, as Hamas…
Business
India central bank holds rates steady; cuts banks’ cash reserve ratio
THE Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday (Dec 6) but cut the cash reserve ratio (CRR) that banks are…
News
Statue of Russia's Wagner founder Prigozhin unveiled in Central Africa
A monument in honour of the late leader of Russia’s mercenary Wagner Group, Yevgeny Prigozhin, has been unveiled in the Central African…
Business
China’s central bank chief signals support for economy in 2025
CHINA’S central bank governor reaffirmed plans for a supportive monetary policy to promote growth next year, as the economy faces fresh…
Business
Australia’s central bank says risks from non-bank lenders limited
AUSTRALIA’S central bank said on Monday (Dec 2) that risks from non-bank lenders in securitisation are limited as the labour market…
News
Israeli Strike in Gaza Kills More World Central Kitchen Aid Workers
An Israeli airstrike on a car in the Gaza Strip has killed five people, including employees of charity organization World Central Kitchen.…
Business
Australia central bank says inflation too high for near-term rate cut
AUSTRALIA’S top central banker said on Thursday (Nov 28) that core inflation was too high to allow for rate cuts in the near term, all but…
Business
New Zealand’s central bank to debate 25 or 50 basis points rate cut in February
NEW Zealand’s central bank will debate whether to cut interest rates by 25 or 50 basis points in February, a senior central banker said on…
Business
Australia’s central bank overhaul revived in last minute talks
AUSTRALIA’S plans to overhaul the Reserve Bank of Australia (RBA), including splitting the current board in two, may be back on the agenda…
Business
Thai banks’ bad loans highest in nearly 3 years, but manageable: central bank
THAI banks’ non-performing loans (NPLs) rose to 2.97 per cent of outstanding loans at the end of September, the highest level in nearly…
Business
Thai banking system has large excess liquidity: central bank
THAILAND’S banking system has large excess liquidity and the central bank has not tightened its lending supervision, an assistant governor…
News
Lawsuit Update: Donald Trump Rebuked by Central Park 5
The exonerated Central Park 5 have mounted a forceful challenge to Donald Trump's attempt to dismiss their defamation lawsuit, arguing his…