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India’s central bank seeks approval for overseas rupee lending: sources
India’s central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency…
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Israeli settlers attack villages in West Bank, several injured
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
Deutsche Bank plans SRT deal tied to US$3 billion corporate loans
Deutsche Bank is selling a significant risk transfer (SRT) linked to a portfolio of US$3 billion in corporate loans, according to people…
Business
Bank of Japan to closely watch bond market situation: governor
[BANFF, Canada] Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will closely monitor the bond market amid surging…
Business
Former central bank deputy governor to head Bank of China: sources
China will appoint financial veteran Liu Guiping as chairman of Bank of China (BOC), the nation’s fourth-largest state-owned bank, two…
Business
Bank of Japan policymaker rules out intervention to stem bond yield spike
Bank of Japan board member Asahi Noguchi said on Thursday (May 22) he saw no need for the central bank to intervene in the bond market to…
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Israeli troops fire ‘warning shots’ at 25 diplomats visiting occupied West Bank
Israeli troops have fired “warning shots” at a group of 25 diplomats who were visiting Jenin, in the Israel-occupied West Bank, on an…
Business
Australia’s central bank cuts rates to two-year low of 3.85%
Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global…
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China’s central bank cuts two key rates to historic lows
China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid…
Business
Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty
The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of…
Business
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way…
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Thailand to shortlist central bank chief candidates by July 2, official says
A Thai selection committee plans to shortlist candidates to be the next central bank chief by Jul 2, an official said on Thursday (May 8),…
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Japan’s SMFG said to be in talks to buy minority stake in India’s Yes Bank
The Mumbai-based bank also counts private equity firms Carlyle Group and Advent International as minority investors Sumitomo Mitsui…
Business
Japan’s SMBC is closer to acquiring 51% stake in India’s Yes Bank: sources
Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a majority 51…
Business
New Zealand central bank sees AI adoption posing risk to financial stability
The rapid acceleration of artificial intelligence adoption in financial services presents a risk to financial stability, the Reserve Bank…
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'I saved my ID card and my dog': Israel expands demolitions of West Bank refugee homes
On the night Israeli forces entered Jenin refugee camp in the occupied West Bank and began ordering its 20,000 Palestinian residents to…
Business
'I was born Ivorian' - bank boss barred from running for president tells BBC
Tidjane Thiam, a former international banker and the leader of Ivory Coast's main opposition party, has told the BBC that he will not give…
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US tariffs provide opportunities for Greenlink Digital Bank: chairman
The continued uncertainty with US tariffs could provide more opportunities rather than challenges to Greenlink Digital Bank (GLDB). GLDB…
Business
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty…
Business
Thailand’s central bank cuts key rate by 25 bps
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
BNP looks past tariff slowdown fears after investment bank boost in Q1
FRANCE’S BNP Paribas reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck…
Business
Vietnam central bank preparing restructuring plan for troubled lender SCB
Vietnam’s central bank is drafting a plan to restructure the troubled Saigon Joint Stock Commercial Bank (SCB), the lender at the centre…
Business
Capital One, Discover deal gets US bank regulators’ nod
US banking regulators said on Friday (Apr 18) they approved Capital One’s US$35.3 billion purchase of Discover Financial Services, paving…