Business
HSBC plans to take Hang Seng Bank private in US$37 billion deal
The firm, based in London, is known as an anchor of commerce between the Asia-Pacific region and the rest of the world HSBC Holdings is…
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Bank
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 per cent previously Thailand’s central bank left its key interest…
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
Barclays hires 3 private bankers from JP Morgan, LGT, Deutsche Bank for Singapore
British lender also relocates senior banker from London as it expands coverage across Asia Barclays Private Bank in Singapore has hired…
Business
South Korea’s property market rally clouds case for central bank rate cut
South Korea’s property market extended its rally to a 35th week, with price gains accelerating despite government measures to cool demand…
Business
Indonesia’s central bank faces growing threats to independence
As governments look to raise spending and borrow more, investors have reacted by selling longer-dated bonds in US, Europe and Japan…
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…
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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…
Business
Nubank applies for US bank charter in global expansion push
Most of the biggest Brazilian traditional banks have operations in the America, mainly aimed at Brazilian companies and individuals with…
Business
Man, 25, Caught Trying to Sneak 9,200 Vape Pods into Singapore in Fake Power Bank Shipment
A 25-year-old man was arrested for smuggling more than 9,200 vape pods into Singapore. The police, Immigration and Checkpoints Authority…
Business
Bank of Israel keeps rates on hold as Gaza war endures
The Bank of Israel left short-term interest rates unchanged on Monday (Sep 29) after inflation eased further in August, remaining cautious…
Business
China's central bank pledges to step up policy support for growth
China’s central bank said on Friday (Sep 26) it will step up monetary policy adjustments and strengthen coordination between monetary and…
Business
Indonesia central bank to use all available instruments 'boldly' to stabilise rupiah
The central bank is certain that currency stabilisation efforts will guide the rupiah to reflect fundamental value Indonesia’s central…
Business
Dallas Fed President says central bank should consider replacing its benchmark rate
LORIE Logan, president of the Federal Reserve Bank of Dallas, has proposed replacing the central bank’s benchmark federal funds rate - the…
Business
Swiss National Bank keeps interest rate at zero, warns of tariff impact
The Swiss National Bank (SNB) held its key interest rate at zero on Thursday (Sep 25), the lowest among major central banks, as it warned…
Business
China central bank unveils steps to boost yuan bond market in Hong Kong
China’s central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global…
Business
Some Bank of Japan policymakers called for future rate hikes, July minutes show
Some Bank of Japan board members, at a policy meeting in July, called for resuming interest rate hikes in the future, even as the board…
Business
Australian central bank blasts ASX for trading settlement failures
The Australian Securities Exchange must make “foundational changes” to its governance, culture and risk management after last year’s…
Business
New Zealand appoints Anna Breman as central bank governor
New Zealand Finance Minister Nicola Willis on Wednesday announced that Anna Breman has been appointed as the country’s new central bank...…
Business
Thai central bank wants to avoid side effects from steps to constrain baht, official says
Thailand’s central bank wants to avoid unintended consequences from any measures such as a tax on gold trading that it takes to curb the…
Business
China’s central bank revives liquidity tool before long holiday
CHINA’S central bank has dusted off a liquidity instrument it last used eight months ago, part of a move to flood the banking system with…
Business
Australia’s central bank alert to risks over economic outlook: governor
Australia’s central bank will be on alert to the risk that economic outlook may change, but the flow of data has been roughly in line with…
Business
Europe: Shares finish week flat after key central bank verdicts
European shares were little changed on Friday (Sep 19), capping an eventful week on a benign note with sentiment that was largely shaped…