Central
Australia’s central bank warns of another tough year for borrowers, businesses
AUSTRALIA’S central bank expects another tough year for households and businesses, signalling little rate relief in months ahead, but judged the banking sector was well capitalised to absorb any...
Taiwan central bank raises benchmark rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), and also lifted its inflation forecast for the year as inflationary pressures persist. The central...
Wary of inflation, Taiwan central bank raises key rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), wary of continued inflationary pressures and ahead of an expected rise in electricity prices next...
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...
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...