Business
India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio
The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction,…
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Rate
Business
StanChart brings maximum interest rate on savings account to record 8.05%
While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an…
Business
Australia central bank pondered outsized rate cut in May, decided to be predictable
Australia’s central bank considered cutting interest rates by an outsized 50 basis points last month as “insurance” against global trade…
Business
Bank of England’s Bailey says uncertain outlook demands careful approach to rate cuts
Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate…
Business
South Korea central bank cuts rate, slashes 2025 growth forecast
South Korea’s central bank cut interest rates on Thursday (May 29) in a bid to cushion the export-dependent economy from US President…
Business
New Zealand central bank cuts cash rate by 25 bps
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as policymakers sought…
Business
RBNZ set to make sixth rate cut and signal bias to more easing
New Zealand’s central bank is set to cut interest rates for a sixth straight meeting and signal it’s open to further easing as US trade…
Business
CPF Special, MediSave and Retirement Accounts’ interest rate remains at 4% for Q3 2025
The interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will remain at 4 per cent per…
Business
Bank Negara Malaysia holds rate at 3% amid output growth, flags tariff risks
Malaysia’s central bank kept its key interest rate steady at 3 per cent on Thursday (May 8), opting for policy stability amid resilient…
Business
US Fed rate pause keeps Asian markets steady, but watch out for tariffs: market observers
The US Federal Reserve keeping rates steady is a plus for stability in Asia’s financial markets, but trade uncertainty from tariffs…
Business
Bank of Japan split over how US policies impact rate hikes: March minutes
Bank of Japan policymakers were divided in March over how soon the central bank should raise interest rates again as uncertainty stemming…
Business
Europe: Shares slip as investors assess earnings, await Fed rate decision
EUROPEAN shares ended lower on Wednesday, pausing after weeks of strong gains, while investors monitored a raft of corporate earnings…
Business
Hong Kong dollar interest rate falls most since 2008 after intervention
The Hong Kong dollar’s funding costs plunged the most since 2008, as the monetary authority’s intervention to defend the currency peg…
Business
Bank of Japan sees window for rate hikes narrowing but not closed yet
The Bank of Japan’s (BOJ’s) rate-hike cycle is facing its biggest test since Governor Kazuo Ueda took the helm two years ago, with US…
Business
Indonesia seen to cut rate twice this year amid US tariff talks
Indonesia’s central bank is expected to resume monetary easing after holding its rate unchanged for three consecutive meetings, moving to…
Business
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more…
Business
Our Urgent Birth Rate Problem
It has economic dimensions, but it is ultimately a cultural and even spiritual sickness. Source link
Business
Thailand’s central bank cuts key rate by 25 bps
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Thailand’s central bank cuts key rate again, lowers growth forecasts as tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Mortgagee listings climb in Q1 as interest rate strains hit market: Knight Frank
Mortgagee listings in Singapore property auctions rose in the first quarter of 2025 as distressed sales due to the last two years of high…
Politics
Russia holds key rate at two-decade high despite slowdown fears
Economists have warned the Russian economy is showing signs of slowing down (Natalia KOLESNIKOVA) Russia's central bank kept borrowing…
Politics
Trump reversals on Fed chair, China tariffs send markets higher
WASHINGTON — The Trump administration is looking for an off-ramp from the trade war it started with China earlier this month, calling its…
Business
Bank of Korea holds rate steady after inflation sped up and won wobbled
The Bank of Korea (BOK) held its benchmark interest rate steady to foster stability after consumer inflation unexpectedly picked up and…