Bank
Gold listless as central bank meetings loom, US dollar holds firm
GOLD struggled for momentum in early Asian hours on Monday (Mar 18) as the US dollar held firm and investors braced for a series of major central bank policy...
China central bank approves Tencent’s Tenpay capital boost to 15.3 billion yuan
CHINA’S central bank has approved Tencent Holdings’ online payment platform Tenpay boosting its registered capital to 15.3 billion yuan (S$2.8 billion), according to a central bank statement on Friday...
China central bank leaves key policy rate unchanged, as expected
CHINA’S’ central bank on Friday left a key policy rate unchanged as expected when rolling over maturing medium-term loans. The People’s Bank of China (PBOC) said it was keeping...
Deutsche Bank CEO’s 2023 pay dips to 8.7 million euros
DEUTSCHE Bank CEO Christian Sewing earned 8.7 million euros (S$12.68 million) in 2023, down slightly from 8.9 million euros in 2022 after a fall in profit, the bank said...
Bank of Korea cautious in final stage of inflation fight
SOUTH Korea’s central bank said on Thursday it needed to be cautious about a policy shift amid persistent economic risks, such as likely US interest rate cuts and uncertainty...
Deutsche Bank CEO Sewing vows to keep expenses in check
DEUTSCHE Bank chief executive officer Christian Sewing vowed to meet previous cost targets, saying he’s working on additional measures. The German lender will hit a goal of keeping expenses...
CapitaLand secures European Central Bank as new anchor tenant
CAPITALAND Integrated Commercial Trust (CICT) and CapitaLand Investment (CLI) have secured the European Central Bank (ECB) as an anchor tenant for their jointly owned office building in Frankfurt. CLI...
Bank of Japan chief Ueda slightly tones down optimism on economy
BANK of Japan Governor Kazuo Ueda said on Tuesday the economy was recovering but also showing some signs of weakness, offering a slightly bleaker assessment than in January in a nod...
