Business
China’s central bank asks state lenders to reduce dollar purchases: sources
China’s central bank will not allow sharp renminbi declines and has asked major state-owned banks to reduce US dollar purchases, people…
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Central
Business
Malaysia central bank to look beyond interest rates amid tariffs
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Business
Malaysia central bank to look beyond interest rates amid tariff challenges
Malaysia’s central bank is looking beyond monetary policy to weather the fallout from US President Donald Trump’s duties, arguing that the…
Politics
Crops under threat as surprise March heatwave hits Central Asia: study
A surprise heatwave hit Central Asia in March, a new study published Friday showed, putting in danger crops and water supply in a largely…
Business
Australia’s central bank holds rates steady, warning of ‘pronounced’ global risks
Australia’s central bank on Tuesday left its cash rate steady as widely expected, saying it was still cautious about the outlook, although…
Business
Australia’s central bank holds rates as it frets over trade war risk
Australia’s central bank on Tuesday (Apr 1) left its cash rate steady as widely expected but took a small step towards further easing in a…
Politics
"Putin motorcade" limo burns down in central Moscow: What to know
A limousine said to be part of Vladimir Putin's presidential fleet has been gutted by fire. Social-media users viewed the viral footage of…
News
Kenyan UN peacekeeper killed in an ambush in the Central African Republic, spokesperson says
BANGUI, Central African Republic (AP) — The United Nations on Saturday condemned the killing of a Kenyan peacekeeper in an ambush of a…
Business
Malaysia central bank sees significant growth hurdles ahead
Malaysia’s central bank said that growth risks loom large in its monetary policy considerations, as brewing global trade disputes and…
Business
China’s central bank says it will boost forex market resilience
The bank will study creating new structural monetary policy tools and support the investment and financing of technology innovation,…
Business
Role of Indonesia central bank must be strengthened to support growth ambitions, top lawmaker says
Indonesia’s economic growth has hovered at around 5 per cent in the past few years The role of the Indonesia’s central bank must be…
Politics
Central bankers move slowly through fog of Trump’s trade wars
[LONDON, FRANKFURT, WASHINGTON, HONG KONG] US President Donald Trump has already upended global trade and the postwar international…
Politics
Trump trade upheaval leaves foreign central banks guessing
Slowing economic growth mixed with a bout of renewed inflation risks moving the US from global overachiever to a drag on the rest of the…
Business
Europe: Shares slip after global central banks flag economic uncertainty; Switzerland cuts rates
EUROPEAN shares closed lower on Thursday, after four sessions of gains, as investors booked some profits and assessed interest rate…
Business
Thai central bank surprises with rate cut as risks to growth increase
THE Bank of Thailand unexpectedly cut its key interest rate for the first time in four months, acting after disappointing growth data and…
News
Rhenus launches its new central distribution centre for IKEA in India
German logistics provider Rhenus Logistics has opened a new warehouse facility in Haryana, India in collaboration with IKEA, which is…
Business
Aussie “Big Four” banks cut rates, mirroring central bank
AUSTRALIAN “Big Four” lenders cut their interest rates by 25 basis points on Tuesday (Feb 18), in tandem with the central bank cutting its…
Business
Australian central bank cuts rates for first time since November 2020
Inflation has dropped from a peak of 7.8 per cent in December 2022 and now sits at 2.4 per cent, according to the RBA AUSTRALIA’S central…
Politics
Some Indonesia lawmakers eye removing central bank governor, Tempo magazine reports
JAKARTA (Reuters) - Some members of Indonesia's parliament plan to propose the president remove the central bank governor because they…
Business
Indian central bank’s surprise, outsized intervention eases bearish bias on rupee
THE Indian central bank’s unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as…
Business
China’s central bank maintains gold buying momentum in January
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on…
Business
Philippine central bank to take ‘measured approach’ in easing as inflation steadies
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held…
Business
India central bank injects US$5.10 billion via FX swap to ease cash crunch
INDIA’S central bank injected US$5.10 billion through a foreign-exchange swap auction, using the tool for the first time in five years to…
Business
European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank cut interest rates on Thursday, for the fifth consecutive time, amid slowing growth in the region’s economy.…