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MALAYSIA’S central bank will probably raise its key rate by another 25 basis points next quarter before it is done with tightening, according to a poll of economists.

FWD Group Holdings, the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a majority stake in Gibraltar BSN Life, a move that allows it to tap into the South-east Asian market’s growth potential ahead of FWD’s planned initial public offering.

EUROPEAN banking regulators have told Deutsche Bank that they’re “not satisfied” with the German lender’s internal review that found that some employees deliberately circumvented controls to make big profits by mis-selling foreign-exchange derivatives, the Financial Times reported.

TEN-YEAR bond yields are expected to rebound as investors begin to price in the possibility that the US Federal Reserve will be more aggressive with its hikes than previously expected. Analysts said the recent fall in bond yields was likely overdone, although rates will still end 2023 lower year...

CHINA’S banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks’ capital adequacy and risk management, in a step to better prevent risks in the country’s financial system.

A WAVE of job cuts that’s swept through the global finance industry hasn’t affected demand for ESG specialists, where hiring growth continued through 2022, according to a study by Barclays Plc.

THE Japanese subsidiary of Sam Bankman-Fried’s failed crypto empire FTX moved a step closer to becoming the first of the group’s businesses to return money to customers.

GERMAN insurance giant Allianz on Friday (Feb 17) reported record results for 2022, as higher prices for policies helped offset a weaker performance in its asset management unit.

GOLDMAN Sachs is expecting the US Federal Reserve to raise interest rates three more times this year by a quarter of a percentage point each, after data this week pointed to persistent inflation and resilience in the labour market.

ABOUT US$2.5 billion flowed out from Binance’s stablecoin this week, Binance’s CEO said on Twitter, after US regulators turned their sights on the cryptocurrency.