Bank

Bank of Japan board divided over rate pause and inflation risks, June summary shows
Bank of Japan board divided over rate pause and inflation risks, June summary shows
[TOKYO] Some Bank of Japan (BBOJ) policymakers called for keeping interest rates steady for the time being due to uncertainty over the impact of US tariffs on Japan’s economy,...
World Bank and IMF climate snub ‘worrying’, says COP29 presidency
World Bank and IMF climate snub ‘worrying’, says COP29 presidency
[BONN] The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries’ response to global...
Taiwan central bank says US debt rising too fast may impact trust in Treasuries
Taiwan central bank says US debt rising too fast may impact trust in Treasuries
[TAIPEI] Taiwan’s central bank governor warned on Saturday (Jun 21) that rapidly rising US debt could be “unfavourable” to the outlook for US Treasuries and that US President Donald...
Slow rate hikes could cause wage-price spiral, Bank of Japan paper says
Slow rate hikes could cause wage-price spiral, Bank of Japan paper says
[TOKYO] Hiking interest rates only gradually as raw material costs rise could heighten the risk of an upward spiral in wages and consumer prices, the Bank of Japan said...
Top Thai billionaires-backed groups win digital bank permits
Top Thai billionaires-backed groups win digital bank permits
[BANGKOK] Three groups led by Charoen Pokmhand Group, Gulf Development and SCB X have clinched Thailand’s new virtual bank licences to boost competition in the nation’s banking industry, according...
Bank of England keeps rates steady, sees further loosening as jobs market weakens
Bank of England keeps rates steady, sees further loosening as jobs market weakens
[LONDON] The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker labour...
Indonesia central bank makes market intervention after rupiah depreciation
Indonesia central bank makes market intervention after rupiah depreciation
Published Thu, Jun 19, 2025 · 05:17 PM[JAKARTA] Indonesia’s central bank intervened in the foreign exchange market in a measured way on Thursday (Jun 19), an official said, after...
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
Swiss National Bank cuts interest rate to zero in effort to stop franc inflows
[ZURICH] The Swiss National Bank (SNB) cut its interest rate to zero, seeking to deter investors from pushing up the franc.The quarter-point reduction on Thursday (Jun 19) is the...
Bank of Japan’s gloomy projections suggest no rate hike this year: ex-top economist
Bank of Japan’s gloomy projections suggest no rate hike this year: ex-top economist
[TOKYO] The Bank of Japan is likely to hold off raising interest rates this year unless a dramatic, positive turn of events in US tariffs allows it to overhaul...
China’s central bank says to promote digital yuan, multi-polar currency system
China’s central bank says to promote digital yuan, multi-polar currency system
Pan Gongsheng expects several key global currencies to coexist in mutual competition and checks and balances.Published Wed, Jun 18, 2025 · 12:07 PM[SHANGHAI] China’s central bank governor announced plans...