Bank
The great central bank policy reversal kicks off
THE world’s biggest central banks are on the starting line of reversing a record string of interest rate hikes but the way down for borrowing costs will look very...
Thai central bank to weigh recalibrating neutral stance in April
THAILAND’S monetary policymakers will weigh the need to adjust the central bank’s neutral interest-rate stance at its meeting next month after reviewing any structural drags on economic growth, assistant...
Australia’s central bank warns of another tough year for borrowers, businesses
AUSTRALIA’S central bank expects another tough year for households and businesses, signalling little rate relief in months ahead, but judged the banking sector was well capitalised to absorb any...
Bank of Japan’s Ueda eyes future decline in bond buying
BANK of Japan Governor Kazuo Ueda said on Friday the central bank will eventually scale back its government bond purchases, but will hold off on doing so for the...
US FDIC draft proposal: bank mergers above $100 bln get extra scrutiny
MERGERS that could result in banks with more than US$100 billion in assets should expect heightened scrutiny from the US Federal Deposit Insurance Corporation (FDIC), according to draft guidance...
Bank mergers face higher hurdle for FDIC approval under plan
US BANKS would have to clear steeper regulatory hurdles to merge with another lender under a plan by the Federal Deposit Insurance Corp (FDIC). The FDIC on Thursday (Mar...
Taiwan central bank raises benchmark rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), and also lifted its inflation forecast for the year as inflationary pressures persist. The central...
Wary of inflation, Taiwan central bank raises key rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), wary of continued inflationary pressures and ahead of an expected rise in electricity prices next...
