SOUTH-EAST Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves this quarter.
SOUTH-EAST Asian central banks look like they are close to done fighting inflation using interest rates, with economists seeing the tightening cycle ending after 25- to 50-basis points of moves this quarter.
CRYPTO companies are once again tightening their belts, as the bear market enters the second year and the industry suffers from major meltdowns that damage its outlook.
ILLICIT use of cryptocurrencies hit a record US$20.1 billion last year as transactions involving companies targeted by US sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday (Jan 12).
CRYPTOCURRENCY broker Genesis owes creditors more than US$3 billion, prompting its owner Digital Currency Group (DCG) to explore selling assets in its venture portfolio to raise money, the Financial Times reported on Thursday (Jan 12).
JPMORGAN Securities asked a court to order one of its former employees to stop poaching its customers for his new employer, Morgan Stanley Smith Barney.
HSBC has won an appeal against a decision by European antitrust regulators to fine Europe’s second-largest bank 33.6 million euros (S$48.1 million) over its role in a cartel to manipulate benchmark Euribor interest rates in 2007.
JPMORGAN Chase has hired executives from Bank of America Corp. and Deutsche Bank AG to expand its corporate banking services for mid-sized companies outside the US.
THE Bank of Japan (BOJ) on Thursday (Jan 12) offered a more optimistic view on the country’s economic health, and pointed to a growing number of firms planning wage increases, underscoring its conviction that Japan is on track to achieve its 2 per cent inflation target.
THE Bank of Japan (BOJ) on Thursday (Jan 12) offered a more optimistic view on the country’s economic health, and pointed to a growing number of firms planning wage increases, underscoring its conviction that Japan is on track to achieve its 2 per cent inflation target.













