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Yen intervention impact fades while Aussie dollar holds steady

The Japanese currency was last at 159.1 per dollar, slightly stronger on the day
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Banking veteran Hsieh Fu Hua appointed deputy chairman and director of CapitaLand Investment

He previously held leadership roles in SGX, Temasek and UOB
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India’s banking regulator urges lenders to accelerate AI spend

“We have much at stake,” says central bank governor Sanjay Malhotra
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Australia central bank holds rates steady, keeps hike on table

The unanimous decision was largely expected
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OCBC opens up in-app platinum, palladium trading to retail investors

They can now purchase these metals starting from a minimum of 0.01 ounce
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Analysts mixed on UOB as lower fee guidance, spike in non-performing assets dim Q2 earnings beat

Citi and OCBC’s downgrades counter upgrades and bullish calls from RHB and Macquarie
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Citi, OCBC downgrade UOB post-Q2 results; RHB upgrades on valuation

Analysts are mixed on the lender after it released its earnings
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Trump downplays talks with Warsh amid Fed independence doubts

He hinted at his long-running desire to see the Fed lower interest rates
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BOJ flags upside price risks and possible faster rate hikes

It held its policy rate at 1 per cent in July
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BOJ flags upside price risks and possible faster interest rate hikes

At its meeting last month, the Japanese central bank its policy rate at 1% and signalled that it could possibly raise the...
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