Business
Sa'ar calls out foreign criticism of West Bank settlements, says it's 'discriminatory against Jews'
"Foreign governments will not restrict the right of Jews to live in the land of Israel, and any such call is morally wrong and…
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Bank
Culture
Australia central bank saw risk of rate rise in 2026 to contain inflation
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent Australia’s…
Business
Three Palestinians, three settlers wounded in West Bank clash near Route 437
MDA evacuated five of the wounded individuals, including two of the Palestinians, to the Shaare Zedek Medical Center and…
Culture
HSBC hires ex-Citi executive Ida Liu to lead its private bank
HSBC Holdings has hired former Citigroup executive Ida Liu to run its global private banking business, according to people familiar with…
Culture
Bank of Japan hikes interest rates to 30-year-high of 0.75%
THE Bank of Japan on Friday hiked interest rates to 0.75 per cent, marking the first increase since January and its highest level in 30…
Culture
Bank of Japan raises interest rates to 30-year high, signals more hikes
The Bank of Japan (BOJ) raised interest rates on Friday (Dec 19) to levels unseen in three decades and signalled its readiness for further…
Culture
Bank of England lowers rates after tight vote but signals caution about further cuts
Five MPC members vote to lower the benchmark rate for the fourth time in 2025 to 3.75% The Bank of England (BOE) cut interest rates on…
Culture
Thai central bank proposes controls on gold trade, ready to cut rates further
The Thai central bank is calling on the finance ministry to control gold trading after a surge in transactions helped drive up the value…
Culture
OCBC users hit by short-lived mobile and online log-in error; bank says issue resolved
OCBC digital users are now able to access mobile and online banking services, following a short-lived outage on Thursday (Dec 18) morning.…
Culture
South Korea central bank sees upside inflation risk with a weaker won
South Korea’s central bank said on Wednesday (Dec 17) that headline inflation in 2026 could exceed earlier forecasts, if the won stays at…
Culture
Thai central bank is 'taking action' on baht, worried by rapid rise
Thailand’s central bank has taken action to tackle the appreciation of the baht, governor Vitai Ratanakorn said on Tuesday (Dec 16). It is…
Culture
German regulator orders oversight, limits on GIC-backed online bank N26
Germany’s financial regulator BaFin on Monday (Dec 15) announced stricter oversight of Berlin-based online bank N26, including limits on…
Culture
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year Hong Kong’s Hang…
Culture
In Depth: China bad-debt managers’ bet on bank stocks could backfire
A NEW player has emerged in the boardrooms of China’s major banks: the “Big Four” state-owned asset management companies (AMCs) created to…
Business
Russian bank sues Belgium's Euroclear after movement on frozen assets
Inclusion of the financial institution Euroclear. Ansgar Haase/dpa Russia's central bank has filed a lawsuit against Belgian firm…
Culture
Philippine central bank chief tempers hawkish view, sees one more cut
PHILIPPINE central bank Governor Eli Remolona said monetary authorities may cut the benchmark interest rate one more time in the current…
Culture
Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut The Swiss National Bank kept its…
Culture
Bank of Japan reluctant to intervene on rising yields, sources say
The recent rises are due to investors taking a wait-and-see approach on uncertainty over how far the BOJ can eventually raise rates The…
Business
Smotrich approves nearly hundreds of housing units in multiple West Bank settlements
The units will be spread out between Hashmonaim, just over the Green Line in central Israel, and Givat Zeev and Beitar Illit near…
Culture
Barclays joins bank rivals in buying stake in United Fintech
It has bought two fintechs this year, bringing its total to seven and giving it more than 200 employees across 11 locations globally…
Culture
Australia’s central bank holds rates steady, signals no rush to hike
The mood among consumers, long stuck in the doldrums, has turned positive in a boost to the outlook for household spending Australia’s…
Culture
Bank of England plans staffing cuts because of budget pressures
The Bank of England is planning to reduce head count as its finances become strained by the cost of the modernisations recommended by Ben…
Culture
India central bank cuts repo rate by 25 basis points, boosts liquidity
The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday (Dec 5), in line with a consensus view, as record low…
Culture
India central bank cuts key rate, boosts liquidity to support ‘Goldilocks’ economy
The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points (bps) on Friday (Dec 5) and left the door open for further…