Featured Archives • Page 94 of 1193 • Financial News

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Hong Kong expands virtual asset push with new licensing, trading options

HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city...

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Hong Kong banks tap most funds since 2019 as stock demand soars

HONG Kong banks borrowed the largest amount of short-term cash in more than five years on Tuesday (Feb 18), as they sought...

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FTX estate begins to repay bankrupt exchange creditors in cash

The initial distributions are being made through crypto companies BitGo and Kraken

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FTX estate starts paying out billions to creditors; Temasek likely among beneficiaries

AFTER more than two years of hand-wringing, creditors of bankrupt crypto exchange FTX are heaving a sigh of relief as the trading...

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Bank of Japan must keep raising rates gradually, says board member Takata

BANK of Japan board member Hajime Takata said on Wednesday the central bank must continue to raise interest rates gradually to avoid...

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New Zealand central bank cuts rates by 50bps, flags more easing to revive frail economy

NEW Zealand’s central bank cut its benchmark rate by 50 basis points to 3.75 per cent on Wednesday and policymakers flagged further...

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Borrowing strain hits NAB’s Q1 profit, shares dive

NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for customers ate into margins...

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Norinchukin CEO plans to resign after massive bond losses

A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talent

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Aussie lender NAB’s cash earnings fall on high arrears and costs, shares tank

NATIONAL Australia Bank (NAB), the country’s biggest business lender, said first-quarter profit slipped as competition for customers ate into margins and more...

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UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package

The lender has proposed a final dividend of S$0.92 per share and special dividend of S$0.50 per ordinary share

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