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…
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…
BoJ governor lauded for smooth policy change
TOKYO: Tomorrow will mark one year since Bank of Japan (BoJ) governor Kazuo Ueda took office.
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…