THE US Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing...
Cutting interest rates by a little might prove ineffective in a scenario where households and businesses are reluctant to take on debt
The central bank has lowered interest rates at each of its last three meetings
Transaction volume, including M&A, has reached US$1.3 trillion in Apac in 2025, up 21% from last year
Other lenders have also scaled back, with Goldman Sachs gaining approval earlier this year to sell its business in Russia
‘I want to be remembered as a good mentor,’ says the 35-year Citi veteran
As HSBC Asset Management’s CEO for South-east Asia and Singapore, he ensures the bank’s teams gel and tracks changes in clients’ needs
Whether the new interest-bearing arrangements will promote significantly wider adoption of the E-CNY remains unclear
Others in South-east Asia have also introduced alternative market reference rates
Market players say that it is timely to include digital assets, precious minerals, insurance and family businesses
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