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Bank of Japan’s Kuroda vows to continue monetary easing for now, focuses on wage

BANK of Japan (BOJ) governor Haruhiko Kuroda said on Monday (Nov 14) the central bank would stick to monetary easing to support the economy for the present in order to achieve sustainable and stable inflation accompanied by wage growth.

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Singapore Fintech Festival draws largest turnout since inception

THE Singapore Fintech Festival (SFF) this year drew the largest turnout yet, receiving a record 62,000 participants from over 115 countries, the highest since its inception in 2016, said organiser Monetary Authority of Singapore (MAS) on Monday (Nov 14).

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Federal Reserve may cut size of hikes, but not ‘softening’ fight against inflation: Waller

THE US Federal Reserve may consider slowing the pace of rate increases at its next meeting but that should not be seen as a “softening” in its commitment to lower inflation, Federal Reserve Gov. Christopher Waller said on Sunday.

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Indonesia sees swift passage of sweeping financial reform

INDONESIA will make another attempt to enact far-reaching reform for its financial system that could include expanding the central bank’s mandate and paving the way for debt monetisation during crises.

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Australia’s ANZ to pay A$42m to settle consumer credit insurance lawsuit

AUSTRALIA and New Zealand Banking Group on Monday said it would contribute A$42 million (S$38.5 million) to settle a class action lawsuit brought by law firm Slater & Gordon in 2020 over the sale of three consumer credit insurance products.

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War, inflation slowing ESG projects: Deutsche CEO

Deutsche Bank chief executive officer Christian Sewing said the war in Ukraine and inflation globally have delayed its clients’ environmental, social and governance (ESG) projects even as the long-term shift to sustainability is now “irreversible”.

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Singapore offers 4% in yield for 6-month Treasury bill in Thursday auction that’s 3.2 times oversubscribed

THE results of Singapore’s latest six-month Treasury bill (T-bill) auction, with a cut-off yield of 4 per cent, were delayed on Thursday (Nov 10) by over five hours due to a record-high volume of applications.

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Singapore’s latest 6-month Treasury bill auction draws record 95,000 bids worth S$14.2b

INVESTORS poured a massive S$14.2 billion into Singapore’s latest six-month Treasury bill (T-bill) auction in record-high volume of applications.

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Singapore’s latest 6-month Treasury bill auction draws record 95,000 bids totalling S$14.2b

INVESTORS poured a massive S$14.2 billion into Singapore’s latest six-month Treasury bill (T-bill) auction in record-high volume of applications.

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Singapore’s latest 6-month Treasury bill auction draws record 92,000 bids totalling S$14.2b

INVESTORS poured a massive S$14.2 billion into Singapore’s latest six-month Treasury bill (T-bill) auction in a record-high volume of applications.

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