Bank
Bank of Japan chief vows to keep raising interest rates
[TOKYO] Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if economic and price developments move in line with its...
In Depth: China bad-debt managers’ bet on bank stocks could backfire
A NEW player has emerged in the boardrooms of China’s major banks: the “Big Four” state-owned asset management companies (AMCs) created to clean up the bad debts of four...
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending[SYDNEY] Australia’s central bank on Tuesday (Dec 9) left...
India central bank cuts repo rate by 25 basis points, boosts liquidity
[MUMBAI] The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday (Dec 5), in line with a consensus view, as record low...
Israeli forces kill two Palestinians suspected of West Bank attacks
Israeli forces have killed two suspected Palestinian attackers in the West Bank, the Israeli military said on Tuesday.In one case, soldiers arrived at a location near the city of...
Bank Indonesia seeks rate cuts while balancing stability, growth
Tariff worries have made the rupiah South-east Asia’s worst-performing currency this year[JAKARTA] Bank Indonesia (BI) will strike a balance between encouraging currency stability and supporting economic growth, even as...
New Zealand central bank says economic recovery picking up
[AUCKLAND] Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank of New Zealand Governor Christian Hawkesby told...
Deutsche Bank joins Barclays, Apollo targeting energy transition deals
[LONDON] Deutsche Bank increased its environmental, social and governance (ESG)-related financing goals to target deals in high-carbon sectors.Germany’s biggest bank said on Monday (Nov 17) that its new ambition...
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[AMSTERDAM] ABN Amro Bank said it will acquire NIBC Bank from Blackstone for...
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[BEIJING] China’s central bank will resume buying and selling treasury bonds on the open...
