RBA’s policy highlights its inflation worries
SYDNEY: It’s been five months since Australia last raised interest rates and in the interim inflation has moderated and the…
Banking
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…
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.
BoJ governor lauded for smooth policy change
TOKYO: Tomorrow will mark one year since Bank of Japan (BoJ) governor Kazuo Ueda took office.