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New Zealand central bank sees AI adoption posing risk to financial stability
The rapid acceleration of artificial intelligence adoption in financial services presents a risk to financial stability, the Reserve Bank of New...
Indonesia seen to cut rate twice this year amid US tariff talks
The Indonesian government is currently negotiating with Washington to avert the tariffs that are seen to hit the exports sector
Westpac’s first-half profit slips 1%, misses estimates
AUSTRALIA’S Westpac Banking Corp recorded a marginal 1 per cent drop in its first-half net profit on Monday, as a rise in...
DBS, OCBC, UOB may cut guidance in Q1 as macro uncertainty weighs on outlook:...
Q1 results likely to stay resilient, but expect softer growth for the full year, they say