CHINA’S central bank said on Wednesday (Jan 4) it will use various policy tools to keep liquidity reasonably ample in 2023 to support the economy, while fending off financial risks.
Foreign investors sold their UK government bonds at the fastest pace on record in the three months to November, despite Prime Minister Rishi Sunak’s efforts to stabilise the economy after a disastrous September fiscal plan.
BANK of the Philippine Islands’ (BPI) Internet and mobile banking services went offline on Wednesday (Jan 4) following double postings of some debit transactions, prompting the country’s central bank to order the lender to reverse the errors.
INDONESIA plans to set up a crypto exchange this year before it shifts regulatory powers over such assets to the Financial Services Authority (FSA), from a commodities agency.
BETS for a Bank of Japan (BOJ) policy pivot are gathering pace in the bond market, with global funds offloading a record amount of the nation’s debt in the final days of 2022.
FTX founder Sam Bankman-Fried asked a judge to keep confidential the identities of two people who will help secure his bail to protect them from public scrutiny and potential harassment.
THE Australian and New Zealand dollars were licking their wounds on Wednesday after a sharp rally in the U.S. dollar wrongfooted the market, while bond benefited from more signs of a cooling in global inflation.
SAM Bankman-Fried pleaded not guilty on Tuesday (Jan 3) to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused billions of dollars in losses, in what prosecutors have called an “epic” fraud.
CRYPTOCURRENCIES are starting the year with a whimper as trading volumes remain desiccated in the wake of 2022’s numerous industry scandals and meltdowns.
