Central banks need digital currencies to stay relevant
Central banks should consider using digital currencies for both wholesale and retail, according to European Central Bank (ECB) governing council ...
Tag: Banks
Adani in talks with banks to borrow US$600 million for gas unit
Billionaire Gautam Adani’s conglomerate is seeking an offshore loan of about US$600 million to refinance existing debt, according to people ...
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
ABU Dhabi hub carrier Etihad Airways has added banks to its planned initial public offering (IPO) that could raise as ...
Europe: Shares end higher on tech support; banks slide
EUROPEAN shares notched its biggest one-day gain since a week ago on Friday (Apr 4), driven by gains in the ...
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
GLOBAL financial markets may be heaving a sigh of relief for now as analysts believe that the US Federal Reserve ...
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
GLOBAL financial markets may be heaving a sigh of relief for now as analysts believe that the US Federal Reserve ...
China’s mega banks post rare profit drops on margin squeeze
INDUSTRIAL & Commercial Bank of China (ICBC), the nation’s largest lender, reported its first decline in quarterly profit in more ...
China firms go ‘underground’ on Russia payments as banks pull back
AN APPLIANCE maker in southern China is finding it hard to ship its products to Russia, not because of any ...
Singapore banks unlikely to surprise at Q1 earnings, but expect upside from delayed rate cuts: analysts
SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay ...
Delayed rate cuts expected to benefit Singapore banks’ otherwise uneventful Q1 earnings
SINGAPORE’S local banks are unlikely to surprise in their earnings for the first quarter of 2024. But a potential delay ...
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