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IDF arrests West Bank terror cell members after finding rocket launchers aimed at Israel
The members of the terrorist cell were suspected of attempting to launch a rocket from the West Bank toward Israeli territory last week.…
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Bank
Business
Philippines central bank tightens rules on large cash withdrawals amid graft crackdown
The new rule comes amid a government-led anti-corruption crackdown on infrastructure projects The Philippine central bank has tightened…
Business
Thai central bank intervenes to slow currency moves
The currency’s strength relative to regional peers is seen as a threat to exports and tourism Thailand’s central bank has intervened to…
Business
Bank of Japan keeps interest rates unchanged
THE Bank of Japan said on Friday it would keep its main interest rate unchanged at 0.5 per cent, as expected, with economists forecasting…
Business
Bank of Japan keeps interest rates unchanged at 0.5 per cent, decides to start selling ETFs
The Bank of Japan (BOJ) kept interest rates steady on Friday (Sep 19) but decided to start selling its holdings of risky assets, taking…
Business
Asia: Markets fluctuate as focus turns to Trump-Xi, Bank of Japan
ASIAN markets swung on Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to…
Business
Bank of Japan to keep interest rates steady as tariff, US slowdown risks loom
The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can…
Business
South Korea central bank to expand forward guidance on policy rate path
The Bank of Korea (BOK) plans to expand its forward guidance scheme by offering a dot plot of the likely path of future interest rates to…
Business
Hong Kong central bank cuts interest rate, tracking Fed; banks follow
Hong Kong’s central bank on Thursday (Sep 18) lowered its base interest rate by 25 basis points to 4.5 per cent, tracking a cut by the US…
Business
Bank of Japan may raise rates in October even if Takaichi wins leadership race, says ex-central bank official
The Bank of Japan could raise interest rates in October even if Sanae Takaichi, a proponent of aggressive monetary easing, wins the ruling…
Business
Deutsche Bank sees gold at US$4,000 next year on Fed cuts, China
Deutsche Bank expects gold to average US$4,000 an ounce in 2026, as US Federal Reserve rate cuts and buying by China’s central bank ensure…
Business
Bank of Canada cuts rates to 2.5%, says ready to cut again if risks rise
The Bank of Canada reduced its key policy rate to a three-year low of 2.5 per cent on Wednesday (Sep 17), the first cut in six months, and…
Business
Indonesia central bank delivers surprise rate cut to boost growth
Indonesia’s central bank delivered another surprise interest rate cut on Wednesday (Sep 17), its sixth cut since it kicked off an easing…
Business
Indonesia weighs new central bank mandate; rupiah weakens
INDONESIAN lawmakers are weighing changes at the central bank that include a broader mandate and a lower bar for removing senior…
Business
Veteran banker sees Bank Negara keeping rates unchanged
A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting…
Business
UOB Private Bank the first to distribute Asia-focused private equity evergreen fund
The move caters to rising demand from rich investors for private assets that offer a measure of liquidity UOB, South-east Asia’s…
Business
Bank of Japan watchers expect hike by January with 36% touting October
The central bank will kick off its September meeting shortly after the US Federal Reserve is expected to cut its policy rate Most Bank of…
Business
Deutsche Bank hires trio for Asia Pacific credit trading, sales
Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals…
Business
NAB to cut 410 support roles, shift some bank work to India
Australian lenders are slashing headcount as falling benchmark interest rates put pressure on margins National Australia Bank (NAB), the…
Business
World Bank Reports Vietnam's GDP Growth at 6.6% in 2025
The World Bank (WB) predicted in its 'Taking Stock – Vietnam Economic Update, September 2025' in Hanoi that as export growth and the…
Business
ANZ bank plans to cut 3,500 employees within the next year
ANZ Group Holdings expects 3,500 employees to leave the bank by September 2026, the lender said on Tuesday (Sep 9). ANZ also plans to…
Business
Bank Indonesia, government allay concerns that 'burden sharing' deal will reduce independence
Indonesia’s government and central bank sought to allay concerns on Monday (Sep 8) about their unusual collaboration to fund government…
Business
Bank of America sees two US Fed rate cuts this year vs none before
Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak…
Business
BlackRock to run US$80 billion for Citi as bank refocuses wealth unit
The move highlights a growing trend among big banks to partner with specialist asset managers Citigroup said on Thursday (Sep 4) it will…