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Panetta says ECB rates must move to neutral level to aid growth

The European Central Bank should cut interest rates far enough to ensure they are no longer constraining economic growth, governing council member...

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Beijing pledges support for more Chinese listings, bond issues in Hong Kong

BEIJING will support more high-quality enterprises from China to list and issue bonds in Hong Kong, China’s Vice Premier He Lifeng said...

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Philippine central bank signals easing on course after Trump win

THE Philippine central bank is on course for more rate cuts, Governor Eli Remolona said on Tuesday, even as Donald Trump’s win...

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Bank of England’s Greene reinforces case for cautious interest-rate cuts

BANK of England policymaker Megan Greene said underlying inflation pressures in the UK are too high for comfort as she made the...

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Goldman readies plans to spin-out its digital assets platform

GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for...

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Goldman Sachs readies plans to spin-out its digital assets platform

GOLDMAN Sachs Group is speaking with potential partners as it plans to spin out its digital-assets platform into a new company for...

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HSBC managers are competing to keep their jobs in CEO’s revamp

HSBC Holdings has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking division as...

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HSBC asks hundreds of managers to reapply for jobs in bank revamp

HSBC Holdings has asked hundreds of managers to reapply for jobs in the firm’s newly formed corporate and institutional banking (CIB) division,...

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Crypto exchange OKX launches Singapore dollar funds transfer service for local customers

CRYPTOCURRENCY exchange OKX said on Monday (Nov 18) it would offer instant Singapore dollar-denominated deposits and withdrawals to customers in the city-state,...

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Bank of Japan chief sees higher chance of wage-driven inflation

BANK of Japan Governor Kazuo Ueda said on Monday the economy was making progress in achieving sustained inflation backed by rising wages,...

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