Business
Trust Bank hits one million customers, launches investment products
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the…
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Australian central bank cuts rates for first time since November 2020
Inflation has dropped from a peak of 7.8 per cent in December 2022 and now sits at 2.4 per cent, according to the RBA AUSTRALIA’S central…
Business
Bank of Japan nearing end of bank stock sales shifts focus to ETF assets
THE Bank of Japan (BOJ) is on course to finish offloading millions of US dollars of stocks that it bought from beleaguered banks during…
Business
BlackRock, FDIC seek to end regulatory row over bank stakes
The FDIC wants disclosures on any potential effort by large asset managers to sway banks where they have sizeable stakes BLACKROCK and the…
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China’s central bank maintains gold buying momentum in January
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on…
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US Federal Reserve releases its Wall Street bank stress-test plans
THE US Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and…
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Philippine central bank to take ‘measured approach’ in easing as inflation steadies
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held…
Business
Bank of Japan’s rate likely to go higher than consensus, ex-official says
THE Bank of Japan (BOJ) is likely to keep raising its benchmark rate to a level exceeding the current market consensus, and there’s a…
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Palestinian agency: Youth, 16, killed in Israeli W Bank drone attack
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
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Several people killed in exchanges of fire in the West Bank
Two Palestinians were killed in Jenin, in the northern West Bank, in an exchange of fire with Israeli forces, according to Palestinian…
Business
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate - The Business Times
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new…
Business
Spain's Sabadell bank to move HQ back to Catalonia
Sabadell was one of some 7,000 firms to move its headquarters out of Catalonia druing the region's failed 2017 independence bid (JOSE…
Business
Bank of Korea cuts growth view on political instability, Trump impact - The Business Times
THE Bank of Korea (BOK) cut its growth forecast for this year as the political turmoil triggered by President Yoon Suk-yeol’s short-lived…
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Israeli soldier killed by West Bank roadside bomb
An Israeli soldier died and an officer was seriously injured overnight when their jeep detonated a bomb planted at the roadside in the…
Business
US: Wall St opens higher after inflation data, strong bank earnings
Wall Street’s main indexes opened higher on Wednesday (Jan 15), as data showed core inflation rose less than expected in December and…
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Israeli drone strike in West Bank kills two children, Palestinians say
Two children were among three Palestinians from the same extended family killed in an Israeli drone strike in the occupied West Bank on…
Business
JPMorgan quits climate finance group, following Citi, Bank of America
JPMORGAN Chase just became the last of Wall Street’s biggest banks to abandon the industry’s largest climate-finance alliance. The No 1 US…
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Israeli airstrike targets armed group in West Bank
The Israeli military said early on Tuesday its Air Force attacked a group of armed "terrorists" in the West Bank. A fighter jet targeted…
Business
Thai central bank says interest rate hold was robust policy amid uncertainty
THAILAND’S central bank said on Monday (Jan 6) that a decision to hold the key interest rate steady last month was a robust policy as the…
Business
Thai government says Bank of Thailand chair appointment won’t take too long
THAILAND’S government expects a selection panel to quickly conclude the process to pick a new chairman for the nation’s central bank after…
Business
Thai economic uncertainty has increased, central bank minutes say
UNCERTAINTY around the Thai economy has significantly increased primarily due to the unclear impact of possible US economic policies,…
Business
Bank of Korea governor says monetary easing this year will be flexible
SOUTH Korea’s central bank governor said on Thursday (Jan 2) that the pace of monetary policy easing would need to be flexible this year…
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…
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…