Bank
Bank of Japan chief vows to support economy with monetary stimulus
BANK of Japan Governor Kazuo Ueda said on Thursday the central bank will continue to support the economy by maintaining accommodative monetary conditions for the time being. “Japan’s medium-...
Barclays readies hundreds of job cuts in investment bank
BARCLAYS is preparing to cut several hundred jobs within its investment bank division as the firm embarks on a yearslong efforts to trim costs and boost profits within the...
Philippine central bank says its policy decisions not dependent on Fed’s
THE Philippine central bank said on Wednesday (Mar 20) it is “closely” watching the US Federal Reserve’s actions, but its own monetary policy decisions are not dependent on what...
Malaysia’s central bank calls for reforms with economy on firmer footing
MALAYSIA’S central bank on Wednesday called for an acceleration of structural reforms to ensure long-term strength, with economic growth set to benefit from a recovery in exports and robust...
Europe: Financials, energy boost shares; central bank verdicts eyed
EUROPEAN stocks ended higher on Tuesday buoyed by strength in financial and energy sectors, while investors turned their focus to upcoming interest rate decisions from global central banks, including the...
Deutsche Bank hires ex-Morgan Stanley Asia banker Michael Hufton
DEUTSCHE Bank has hired Michael Hufton as co-head of its infrastructure and utilities division for Asia Pacific, continuing to build out its investment banking presence in the region. Hufton...
Easy does it: The Bank of Japan’s experiment
THE Bank of Japan (BOJ) announced a seismic change in direction on Tuesday (Mar 19), hiking interest rates for the first time in 17 years. The move represents an...
Australia’s central bank holds rates as expected, waters down tightening bias
AUSTRALIA’S central bank held interest rates steady on Tuesday and watered down its tightening bias, signalling greater confidence that inflation is moving back to its target as the economy slows. Wrapping...
