RAKUTEN Bank and its main shareholder priced shares at 1,400 yen (S$13.95) each in Japan’s largest initial public offering in five years, marking the top of a target range that had been lowered earlier this month.
THE Australian dollar extended its gains on Thursday after a blockbuster jobs report added to the case for another rise in interest rates and shoved bond yields higher.
THE Ethereum blockchain, the most important commercial highway in the digital-asset sector, successfully implemented a widely anticipated software upgrade.
BANK of Japan Governor Kazuo Ueda said on Wednesday the central bank must pay more attention to the risk of failing to meet its 2 per cent inflation target with premature monetary tightening, rather than being behind the curve in combating too-high price growth.
FEDERAL Reserve economists were projecting a “mild recession” when the US central bank decided to further raise interest rates last month, according to the minutes of the meeting published Wednesday.
FEDERAL Reserve economists were projecting a “mild recession” when the US central bank decided to further raise interest rates last month, according to the minutes of the meeting published Wednesday.
THE World Bank should take on added reform measures this year, US Treasury Secretary Janet Yellen said on Wednesday, after initial steps to update the global lender’s mission and boost its financing capacity.
THANKS to rising interest rates, Singapore’s lenders are doing well. DBS Group, OCBC Bank and UOB Group posted strong growth in net interest margins (NIMs) and net profit in 2022.
THE Philippines’ central bank could pause its interest rate-hiking cycle at its meeting next month due to easing inflation, its governor said on Wednesday (Apr 12).
