Central
Citi pitches money-moving ‘crown jewel’ as central to revamp
CITIGROUP is putting one of its least glamorous businesses front and centre in its upgrade project, aiming to show how a sprawling system of moving money around the world...
Hong Kong central bank keeps key rate steady, tracking Fed move
THE Hong Kong Monetary Authority (HKMA) left its base rate through the overnight discount window unchanged at 5.75 per cent on Thursday (Jun 13), tracking a move by the...
Malaysian central bank weighs new measures to stabilise ringgit
BANK Negara Malaysia is exploring new measures to ensure that the ringgit remains stable, according to the central bank’s deputy governor.“We are still looking at what are the various...
Philippine central bank wants inflation firmly settled near target midpoint, governor says
THE Philippine central bank wants inflation firmly settled near the middle of its 2.0 to 4.0 per cent target range, its governor said on Tuesday.“We are hawkish, but less...
China’s central bank to return to gold buying as prices ease: analysts
CHINA, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from the record highs hit in May, as the fundamental...
Oil settles higher on hopes Fed will track European Central Bank rate cuts
OIL settled up 2 per cent on Thursday (Jun 6) after the European Central Bank (ECB) opted to cut interest rates, spurring hopes that the Fed will follow suit,...
Thai government eyes tighter grip on central bank after spat
THAI Prime Minister Srettha Thavisin’s administration is discussing ways to exert more control over the country’s central bank after repeatedly clashing with the monetary authority on economic policy, according...
Indonesia central bank to continue intervention to stabilise rupiah
Indonesia’s central bank will continue to intervene in the foreign exchange market to stabilise the rupiah, its governor said on Wednesday (Jun 5), adding that the currency would strengthen...
