Business
Trump, Fed chief Powell bicker during tense central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the…
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Thai Cabinet approves Vitai Ratanakorn as next central bank chief
Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a…
Business
Australia central bank wary of cutting rates too quickly, prudent to await more data
Australia’s central bank judged lowering interest rates for a third time within four meetings was not consistent with its strategy of…
Business
Gold steady as investors await US trade updates, central bank meetings
GOLD prices were little changed on Monday as investors monitored developments in US trade talks and awaited potential market-moving…
Business
G20 finance chiefs back central bank independence in first communique since October
[DURBAN, South Africa] Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging…
Business
Thailand to name Vitai as central bank chief, reports say
Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, local media reported ahead of a…
Business
Thailand to name Vitai Ratanakorn as central bank chief, reports say
Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, local media reported ahead of a…
Business
Thailand to pick rate-cut advocate Vitai Ratanakorn as central bank chief
Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, sources familiar said, selecting an…
Business
Thailand unexpectedly delays naming new central bank chief
Thailand’s expected appointment of veteran banker Vitai Ratanakorn as the next central bank governor was delayed by at least a week, a…
Business
Australia takes another step toward a central bank digital currency
Australia’s central bank said on Thursday it was taking another major step toward a wholesale central bank digital currency (CBDC) with a…
Business
Australia’s central bank keeps rates steady at 3.85%, stuns markets
Australia’s central bank on Tuesday (Jul 8) left its cash rate steady at 3.85 per cent, a shock for markets that had confidently wagered…
Business
Vietnam central bank readies measures to counter tariff impact
The Vietnamese dong has been under pressure in recent weeks, dropping to a record low in June Vietnam’s central bank stands ready to take…
Business
Saudi Arabia’s PIF invests in New York City property near Central Park
Saudi Arabia’s Public Investment Fund (PIF) is investing in Related’s site for a tower in midtown Manhattan. PIF has already invested…
News
Central Nairobi sealed off ahead of Kenyan protests
Kenya's security forces have blocked all major roads leading into central Nairobi, ahead of planned nationwide protests. Much of the city…
Business
Hong Kong’s de facto central bank intervenes to defend currency peg
Hong Kong’s de-facto central bank said it intervened twice on Friday and sold US$3.78 billion against the Hong Kong dollar after the local…
Business
Central banks are ditching the greenback: What’s in favour instead?
Central banks hold a variety of assets, each serving a specific purpose tied to their mandate of maintaining monetary and financial…
Business
Thailand central bank vows to step in if baht moves are unhinged
Thailand’s central bank is ready to tackle excessive baht volatility by managing any moves “unhinged” from its fundamentals, a deputy…
Business
Israel Labels Iran's Central Bank as Terror Entity Amid Rising Tensions
Israel has officially labelled Iran's Central Bank a terrorist entity, citing its alleged role in financing militant operations across the…
Business
Migrant money from Russia a lifeline for Central Asia
In a remote town in southern Kyrgyzstan, teacher Nur Akhmatov watched workers building a library, conference hall and women's sports…
Business
Central banks in Asia are becoming wary of currency intervention
Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market. The central banks of…
Business
Taiwan central bank says US debt rising too fast may impact trust in Treasuries
Taiwan’s central bank governor warned on Saturday (Jun 21) that rapidly rising US debt could be “unfavourable” to the outlook for US…
Business
Indonesia central bank makes market intervention after rupiah depreciation
Indonesia’s central bank intervened in the foreign exchange market in a measured way on Thursday (Jun 19), an official said, after the…
Business
China’s central bank says to promote digital yuan, multi-polar currency system
Pan Gongsheng expects several key global currencies to coexist in mutual competition and checks and balances China’s central bank governor…
News
At least 45 killed in central Nigeria raid
Officials say at least 45 people have been killed during an overnight attack in central Nigeria's Benue state. Eyewitnesses said the…