Bank
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South Korea’s property market rally clouds case for central bank rate cut
[SEOUL] South Korea’s property market extended its rally to a 35th week, with price gains accelerating despite government measures to cool demand – complicating the case for the central bank…
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Indonesia’s central bank faces growing threats to independence
As governments look to raise spending and borrow more, investors have reacted by selling longer-dated bonds in US, Europe and Japan [SINGAPORE] Indonesia’s finance minister once wanted to run the…
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New Thai central bank chief says he will work with government but maintain independence
[BANGKOK] Thailand’s new central bank chief said on Wednesday that he will maintain the independence of the central bank while collaborating with the government to address the country’s economic challenges.…
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New Thai central bank chief’s arrival fuels bets of larger cut
The leadership transition at the bank also comes as the country sees its third government change in just over two years [BANGKOK] When Vitai Ratanakorn takes over on Wednesday (Oct…
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Nubank applies for US bank charter in global expansion push
Most of the biggest Brazilian traditional banks have operations in the America, mainly aimed at Brazilian companies and individuals with investments abroad [SAO PAULO] Nu Holdings said that it applied…
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Bank of Israel keeps rates on hold as Gaza war endures
[JERUSALEM] The Bank of Israel left short-term interest rates unchanged on Monday (Sep 29) after inflation eased further in August, remaining cautious amid economic uncertainty due to the two-year old…
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Stuffcool Nemo 10,000mAh power bank review: MagSafe snap and all-in-one charging
Stuffcool Nemo power bank review: MagSafe snap and all-in-one charging Smartphones are getting more and more powerful and a new trend has set in where these phones are getting sleeker…
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China’s central bank pledges to step up policy support for growth
[BEIJING] China’s central bank said on Friday (Sep 26) it will step up monetary policy adjustments and strengthen coordination between monetary and fiscal policies to support economic growth amid a…
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Indonesia central bank to use all available instruments ‘boldly’ to stabilise rupiah
The central bank is certain that currency stabilisation efforts will guide the rupiah to reflect fundamental value [JAKARTA] Indonesia’s central bank is committed to maintaining rupiah stability by using all…
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Dallas Fed President says central bank should consider replacing its benchmark rate
LORIE Logan, president of the Federal Reserve Bank of Dallas, has proposed replacing the central bank’s benchmark federal funds rate – the primary tool the central bank has used to…
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Swiss Central Bank Keeps Zero-rate As Tariffs Take Their Toll
Switzerland’s central bank kept its policy rate at zero percent on Thursday, warning that massive US tariffs are weighing on the country’s export-dependent economy. The Swiss National Bank (SNB) maintained…
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Swiss National Bank keeps interest rate at zero, warns of tariff impact
[ZURICH] The Swiss National Bank (SNB) held its key interest rate at zero on Thursday (Sep 25), the lowest among major central banks, as it warned that US President Donald…
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China central bank unveils steps to boost yuan bond market in Hong Kong
[SHANGHAI] China’s central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global use of its currency, a senior official…
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Some Bank of Japan policymakers called for future rate hikes, July minutes show
[TOKYO] Some Bank of Japan board members, at a policy meeting in July, called for resuming interest rate hikes in the future, even as the board decided unanimously to keep…
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US Treasury Says In Talks To Support Argentina’s Central Bank
US Treasury Secretary Scott Bessent said Wednesday that Washington is in talks with Argentina for a swap line allowing the country access to billions of dollars, as its right-wing leader…
