Featured Archives • Page 7 of 1175 • Financial News

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Japan’s top banks said to mull joint ATM operation to cut costs

MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said sources...

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Australian dollar out of gas as economy sputters

The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers that...

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Global funds weigh whether Indonesia market rebound was too fast

Debate is growing on whether Indonesian assets have reached an inflection point after initial signs of a recovery.

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Fed’s Bostic wants more progress on inflation, in no rush to cut

Policymakers are widely expected to leave rates unchanged when they meet Jun 17 to 18 in Washington, according to pricing in futures...

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Julius Baer focuses on costs as CEO sets ‘realistic’ goals

The Zurich-based wealth manager will seek 130 million Swiss francs (S$205 million) in cost reductions to 2028

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Julius Baer’s new goals fail to impress in setback for CEO

The Zurich-based wealth manager will seek 130 million Swiss francs in cost reductions to 2028

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Online broker Tiger to double Hong Kong headcount, targets offshore China wealth

The Singapore-headquartered firm currently employs 60 people in the financial hub

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Bank of Japan urged to keep or slow bond taper pace from fiscal 2026

The requests heighten the chance the central bank will proceed slowly in reducing its huge balance sheet

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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 risks,...

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Australia cracks down on crypto ATMs as scams, fraud uncovered

There are now more than 1,800 machines in the country compared to just 23 in 2019, according to Austrac data

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