Central

Hong Kong central bank cuts interest rate, tracks Fed move
Hong Kong central bank cuts interest rate, tracks Fed move
September 18, 2024
THE Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25 per cent, tracking a move...
China’s central bank delays one-year loan operation again
China’s central bank delays one-year loan operation again
September 18, 2024
CHINA’S central bank announced it will inject one-year liquidity to domestic lenders on Sep 25, marking another delay amid a broad overhaul of its policy toolkit.The People’s Bank of...
Swiss watchmakers call on central bank to act on franc as exports slump
Swiss watchmakers call on central bank to act on franc as exports slump
September 17, 2024
SWISS watchmakers urged the central bank and the government to support exporters by curbing the strength of the country’s currency as overseas sales slump. “With inflation currently well below 2...
Central bank digital currency momentum growing, study shows
Central bank digital currency momentum growing, study shows
September 17, 2024
A TOTAL of 134 countries representing 98 per cent of the global economy are now exploring digital versions of their currencies, with almost half at an advanced stage and...
India central bank to stick to higher digital deposit buffer proposal
India central bank to stick to higher digital deposit buffer proposal
September 11, 2024
India’s central bank will stick to its plan to ask lenders to set aside more funds for digitally linked deposits, despite the industry’s plea for a lower buffer to...
Malaysia central banker sees rate hold in 2024, growth at 5%
Malaysia central banker sees rate hold in 2024, growth at 5%
September 10, 2024
MALAYSIA’S resilient economy and contained price pressures should allow it to keep interest rates unchanged for the rest of the year, even as global central banks pivot towards easing,...
Australia central bank reforms in doubt as politics interferes
Australia central bank reforms in doubt as politics interferes
September 9, 2024
LONG-DELAYED reforms to the Reserve Bank of Australia (RBA) could be dead in the water after the Liberal National opposition decided to oppose them in parliament, Treasurer Jim Chalmers...
Europe: Shares rebound from dour week with central banks in focus
Europe: Shares rebound from dour week with central banks in focus
September 9, 2024
EUROPEAN bourses rose on Monday, recovering from steep declines the previous week as focus shifted to an anticipated interest rate cut from the European Central Bank on Thursday.The pan-European Stoxx 600 index closed...
New Zealand’s data fog leaves its central bank flying blind
New Zealand’s data fog leaves its central bank flying blind
September 2, 2024
LAGS in New Zealand’s official economic data are creating a fog for policy makers that recently forced them to veer off course and cut interest rates a whole year...
Japan’s Nikkei ends at 3-week high; focus on central bankers’ comments
Japan’s Nikkei ends at 3-week high; focus on central bankers’ comments
August 22, 2024
Japan’s Nikkei share average closed at a three-week high on Thursday (Aug 22), recovering from the index’s sharpest drop in 37 years hit earlier this month, but caution ahead...