ECB tipped to pause one last time before June rate cut
FRANKFURT: Buoyed by falling inflation, the European Central Bank (ECB) is expected to keep borrowing costs on hold one last…
Category: Banking
Real wages likely to keep BoJ on hold for now
Tokyo: Japanese workers’ real wages fell in February for a 23rd consecutive month after consumer price growth accelerated, exerting a…
Vietnam lenders required to maintain loan standards
HANOI: The central bank is calling on lenders to facilitate access to capital for businesses, while also maintaining lending standards…
JPMorgan says CEO transition is a top priority, cites potential Dimon successors
JPMorgan Chase's board said an orderly CEO transition is a top priority for the largest U.S. bank in the medium…
OCBC Malaysia customers can activate the OCBC kill switch via the mobile banking app
KUALA LUMPUR: OCBC Bank (M) Bhd customers can now activate the OCBC Kill Switch via the bank’s mobile banking app…
Bank Negara: Coordinated efforts have strengthened the ringgit, no plans for capital controls
KUALA LUMPUR: Ongoing coordinated efforts by government-linked companies (GLCs), government-linked investment companies (GLICs), Malaysian corporates and businesses have strengthened the…
Philippine central bank keeps interest rates steady at 6.50%
MANILA: The Philippine central bank kept its benchmark rate unchanged at 6.50% for a fourth straight meeting on Monday, as…
HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says
LONDON: HSBC's European chief is betting on rising regional wealth and overseas expansion by Asian corporate clients to boost his…
MBSB Bank discontinues e-Wallet platform
KUALA LUMPUR: MBSB Bank Bhd today announced the discontinuation of its e-wallet platform effective from May 31, 2024.