INDIA is leading a charge among Asia’s emerging-market (EM) central banks in rebuilding foreign-exchange stockpiles, which would help them defend their currencies if the dollar rebounds.
INDIA is leading a charge among Asia’s emerging-market (EM) central banks in rebuilding foreign-exchange stockpiles, which would help them defend their currencies if the dollar rebounds.
JAPANESE prime minister Fumio Kishida said on Wednesday Bank of Japan (BOJ) governor nominee Kazuo Ueda is the best fit to lead the central bank as he is a well known economist globally and has high expertise in financial field.
COMMONWEALTH Bank of Australia shares declined after the nation’s largest lender set aside more capital due to higher price pressures on consumers and falling home prices.
COMMONWEALTH Bank of Australia shares plunged after the nation’s largest lender set aside more capital due to higher price pressures on consumers and falling home prices.
THE world is not investing enough to meet climate goals. The estimates vary on the exact sum, but the gap is on the order of trillions of dollars annually. Meeting that will need all kinds of financial institutions to step up.
FINASTRA, a financial technology company owned by buyout firm Vista Equity Partners, is exploring a sale of its banking unit for as much as US$7 billion, five people familiar with the matter said on Tuesday (Feb 14).
THE sentiment among chief executive officers has improved in recent months after predictions last year that the US economy was headed towards a possible recession, Goldman Sachs Group chief executive officer David Solomon said.
FINTECH platform iFast Corporation posted an 82 per cent drop in net profit to S$1.3 million for its fourth quarter ended Dec 31, 2022, from S$7.2 million a year ago.
