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OCBC trims 360 Account interest rates for the second time in 2025

From Aug 1, it will be cut to 5.45% per annum, from 6.3% previously, on the first S$100,000

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Thailand central bank vows to step in if baht moves are unhinged

The Bank of Thailand doesn’t target any particular level or direction for the baht and its gain this year is in line...

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HSBC private banking arm names new Apac head of wealth planning

Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1

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Hong Kong’s equity capital markets bounce back in first half, as Shein IPO looms

HONG Kong’s equity capital markets activity roared back to life in the first half of 2025, driven by global investors sharpening focus...

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Decision on naming next Fed chair not ‘imminent’: White House

The White House said on Thursday no decision is imminent on naming a successor to Federal Reserve Chairman Jerome Powell, after...

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Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule

The plan marks the first in a possible series of deregulatory moves

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Singapore’s millionaire inflow to halve in 2025: report

Meanwhile, Thailand emerges as South-east Asia’s new safe haven, while China’s outflow of affluent individuals slows

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Bank of Korea overhauls repo framework amid changing liquidity conditions

Currently, the central bank offers seven-day repo sales every Thursday and conducts repo purchases on an ad-hoc basis

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US dollar slips as Trump considers naming next US Fed chair early

Traders are viewing the news as a signal that early interest-rate cuts are becoming more likely, given that the US president has...

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Indonesia’s yield curve may steepen as Bank Indonesia unwinds intervention

The shift in demand towards sovereign bonds is set to lower government borrowing costs, reinforcing central bank’s push to ease financial conditions...

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