Risks
ECB seen making fewer rate cuts in fight to curb inflation risks
Economists are dialling back their expectations for how far the European Central Bank (ECB) will lower interest rates after it starts cutting next week, according to a Bloomberg survey.Respondents...
Temu’s parent PDD trades near cheapest level ever as geopolitical risks bite
SHARES of Temu parent PDD Holdings are being held back by geopolitical risks and fierce competition in China’s e-commerce sector.Granted, it US-listed stock has surged 43 per cent surge...
Ghost staff scandal risks shakeup at Philippine central bank
A SCANDAL involving ghost employees at the Philippine central bank threatens to shake up the monetary authority at a time when policy decisions are crucial amid elevated inflation and...
Australia central bank pondered raising rates on higher inflation risks
AUSTRALIA’S central bank decided to stand pat on interest rates at its May meeting in part to avoid “excessively fine-tuning” policy, but judged a hike might be needed if...
Digitalisation of banking creates new risks, says global watchdog
THE digitalisation and entry of Big Tech into finance create new vulnerabilities and amplify existing risks in the banking system that may need new rules to mitigate, global banking...
AI risks to financial stability are already a central bank worry
DANGERS to financial stability posed by the development of artificial intelligence (AI) tools are already starting to become a worry, two central bank chiefs told a conference on Tuesday...
Australia’s central bank sees no need to hike rates but wary of price risks
AUSTRALIA’S central bank chief said on Tuesday (May 7) interest rates were at the right level after holding steady for a sixth month, but cautioned that inflation risks were...
TD risks an earnings hit from US laundering probe, analysts say
WITH new allegations emerging surrounding US anti-money-laundering investigations into Toronto-Dominion (TD) Bank, the lender could face a much higher fine than previously expected as well as a significant hit...
