Bps
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Company Behind Qoin Crypto Token Fined $14 Million
BPS Financial Limited, the company behind the crypto token known as Qoin, has been fined over “serious and unlawful misconduct” by the Federal Court. The fine has been set at…
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Thai central bank cuts policy rate by 25 bps, as expected
The reduction is the fifth since October 2024, with rates down by a total of 125 basis points [BANGKOK] Thailand’s central bank cut its key interest rate on Wednesday (Dec…
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Divided US Fed lowers rates by 25 bps, signals pause and one 2026 cut as growth rebounds
The pace of price increases has risen steadily from 2.3 per cent in April, above the Fed’s 2 per cent inflation target [WASHINGTON] A sharply divided Federal Reserve cut interest rates on…
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New Zealand central bank cuts cash rate by 25 bps to 2.25%
Policymakers signal likely end to easing cycle as economy shows early signs of picking up [AUCKLAND] New Zealand’s central bank cut its benchmark official cash rate (OCR) by 25 basis…
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India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
[MUMBAI] The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, and slashed the reserve ratio for…
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New Zealand central bank cuts cash rate by 25 bps
Published Wed, May 28, 2025 · 10:39 AM [WELLINGTON] New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as…
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Thailand’s central bank cuts key rate by 25 bps
Published Wed, Apr 30, 2025 · 03:46 PM [BANGKOK] Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30),…
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Saudi Aramco weighs bid for BP’s Castrol lubricant assets
SAUDI Aramco is considering a potential offer for lubricant assets being sold by BP, as the Middle Eastern company pushes for acquisitions that deepen its reach in oil consuming countries,…
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US dollar falls on 50 bps Fed cut wagers
THE greenback hovered near its lowest levels of the year on Tuesday (Sep 17), a day before the expected start to a US easing cycle that markets are wagering may…
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Thai central bank seen cutting rates by 50 bps this year, bond market association says
THAILAND’S Bond Market Association (ThaiBMA) on Thursday (Apr 4) said it expects the country’s central bank to cut rates twice this year starting from June and totalling 50 basis points…
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India Central Bank Set To Raise Rates 25 Bps On Elevated Inflation, Keep Hawkish Stance
A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. Reuters India’s central bank is widely expected to…
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RBA To Hike Rates 25 Bps On April 4 But Decision On A Knife Edge- Reuters Poll
Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. Reuters Australia’s central bank is expected to go for a final 25…
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RBNZ To Downshift To 25 Bps Increase In April As Tightening Nears An End- Reuters Poll
Pedestrians walk past as a security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. Picture taken…
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Bitcoin Slumps As Federal Reserve Stays Focused On Inflation Hiking Interest Rate By 25 Bps
Bitcoin (BTC), the world’s largest crypto asset by market capitalization, sunk below $26,700 and fell 7.2% following the U.S. Federal Open Market Committee’s (FOMC) announcement of another quarter-point hike in…
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Philippines Central Bank Stays In Inflation-fighting Mode, Hikes Rates By 25 Bps
Bangko Sentral ng Pilipinas Governor Felipe Medalla poses for a photograph in his office at Manila, Philippines, November 18, 2022. Reuters The Philippine central bank stayed in an inflation-fighting mode…