Bank
Australia’s central bank cuts rates to two-year low of 3.85%
[SYDNEY] Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and...
China’s central bank cuts two key rates to historic lows
[BEIJING] China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the...
Bank of Japan to keep hiking rates if economy rebounds from tariff hit: deputy governor
Published Mon, May 19, 2025 · 11:10 AM[TOKYO] The Bank of Japan will continue to raise interest rates if the economy rebounds from an expected hit from higher US...
Dovish Bank of Japan policymaker urges pause in rate hikes on US tariff uncertainty
[TOKYO] The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of growing downward pressure on...
HSBC-backed Hang Seng Bank to cut jobs as part of restructuring
[HONG KONG] Hong Kong-based lender Hang Seng Bank said on Thursday (May 15) that it was restructuring its business and streamlining duplicate roles in a move that would lead...
Standard Chartered’s corporate bank wants to power Asia’s next growth chapter
[SINGAPORE] Asia’s rapid innovation in recent years is the foundation upon which its future will be built, said Standard Chartered’s Stella Choe.As global head of corporate coverage at StanChart’s...
GXS Bank CEO to retire, GX Bank CEO to take over
[SINGAPORE] GXS Bank has announced that chief executive Muthukrishnan Ramaswami will be retiring on May 31.His successor will be Lai Pei-Si, CEO of GX Bank, the Malaysian arm of...
GXS Bank CEO to retire, GX Bank CEO to take over
[SINGAPORE] GXS Bank has announced that chief executive Muthukrishnan Ramaswami will be retiring on May 31.His successor will be Lai Pei-Si, CEO of GX Bank, the Malaysian arm of...
