Business
Israel's Katz says military to remain in West Bank refugee camps
Tel Aviv - Israeli troops will remain in parts of the West Bank that are heavily populated by Palestinian refugees at least until the end…
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Bank
Culture
Thai king endorses Vitai’s appointment as central bank chief
Vitai Ratanakorn is set to take office from Oct 1, according to a Royal Gazette notification Thailand’s King Maha Vajiralongkorn has…
Culture
US regulators to play key role in next crypto, bank fight
[WASHINGTON, DC] A major battle between crypto firms and traditional lenders over interest and bank charter applications is poised to be…
Culture
India’s central bank holds rates as expected, but growth risks linger
The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50 per cent on Wednesday, in line with expectations, as policymakers…
Culture
Wall Street bonus pool to grow as bank revenue boosted by rally
The outlook for Wall Street bonuses is improving, with payouts now set to rise across most sectors of the finance industry as the market…
Culture
Bank of England rate cuts deliver £11 billion hit to households
Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing…
Business
In Ramallah, German top diplomat warns Israel not to annex West Bank
German Foreign Minister Johann Wadephul has issued a stern warning to Israel not to annex the West Bank, during a visit to the Palestinian…
Culture
Australia’s green bank makes record A$3.5b in clean energy investments
Australia’s green bank on Monday (Jul 28) said that it invested a record A$3.5 billion (S$2.9 billion) in clean energy projects and grid…
Culture
Trump, Fed chief Powell bicker during tense central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the…
Culture
Deutsche Bank posts better-than-expected Q2 profit
Deutsche Bank returned to a better-than-expected profit in the second quarter from a year ago despite mixed results at its global…
Culture
Bank of Japan watchers still predict next rate hike in October or January
Bank of Japan (BOJ) watchers increasingly expect authorities to raise the benchmark interest rate either in October or January, according…
Culture
PNC taps Coinbase to create crypto trading offering for bank customers
The banking industry has fiercely resisted accusations that it denies services based on ideological reasons Bank is working with…
Culture
Instead of being a universal bank across Asean, CIMB wants to have niche in each market: group CEO
CIMB wants to find its niche in each of the markets it operates in, instead of trying to serve every customer segment across Asean, said…
Culture
Bank of England considers shelving plans for a digital pound
Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism…
Culture
Gold steady as investors await US trade updates, central bank meetings
GOLD prices were little changed on Monday as investors monitored developments in US trade talks and awaited potential market-moving…
Culture
IPCG accuses Deutsche Bank of breaching agreement, files lawsuit
Asset manager Invest Partners Capital Group (IPCG) is suing Deutsche Bank for allegedly breaching a contractual agreement governing their…
Culture
G20 finance chiefs back central bank independence in first communique since October
[DURBAN, South Africa] Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging…
Culture
US: S&P 500, Nasdaq open higher after inflation data; focus on bank earnings
The Nasdaq and the S&P 500 opened higher on Tuesday (Jul 15) after fresh inflation data, while banking heavyweights kicked off the…
Culture
SMFG said to eye US$1.1 billion additional investment in Yes Bank: sources
The fresh investment would bring the total amount to US$2.7 billion, giving SMFG a roughly 25% stake in Yes Bank Sumitomo Mitsui Financial…
Culture
BOJ finishes offloading bank stocks, bringing focus to ETFs
The Bank of Japan (BOJ) finished selling millions of US dollars of stocks it bought from besieged banks during a domestic banking crisis…
Culture
Bank of Japan is said likely to consider raising inflation forecast
The central bank will update its quarterly outlook report at the end of its meeting on Jul 31 Bank of Japan (BOJ) officials are likely to…
Culture
Bank of England governor Bailey warns banks against issuing own stablecoins
The governor is also chair of the Financial Stability Board, which is responsible for monitoring risks in financial markets globally Bank…
Culture
Europe: Stocks down with bank and healthcare drag, US-EU tariffs in focus
European shares closed lower on Friday (Jul 11), as losses in banks and healthcare stocks weighed at the end of a week marred by US…
Culture
US bank profits to climb on stronger trading, investment banking
Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.…