REGULATORS should improve liquidity management at banks to create a more stable financial system, as capital requirements may not be enough to do the job.
AN INCREASING number of economists see a chance that Indonesia’s central bank could lower its policy rate as early as next week, sooner than the fourth quarter timeline that policymakers had signalled previously.
ALLIES of Republican US presidential candidate Donald Trump and bankers have been discussing plans on ending US government control of the mortgage-finance firms Fannie Mae and Freddie Mac if he wins the election, the Wall Street Journal reported on Thursday.
BLACKSTONE is considering options including a sale of its majority stake in visa outsourcing and technology services firm VFS Global after receiving interest from prospective investors, sources familiar with the matter said.
BLACKSTONE is considering options including a sale of its majority stake in visa outsourcing and technology services firm VFS Global after receiving interest from prospective investors, sources familiar with the matter said.
THE Bank of Korea (BOK) said it will consider the timing to reduce its benchmark interest rate while keeping its policy restrictive, suggesting its cautious approach remains ahead of a key decision next month.
WELLS Fargo shares slid on Thursday after a US banking regulator found its safeguards against money laundering and other illegal transactions were too lax and restricted its ability to expand in risky businesses.
JUST over half of Bank of Japan (BOJ) watchers see authorities conducting their next rate hike in December, while none expects a policy move when the board meets next week, according to a Bloomberg survey.
CRYPTO asset manager Grayscale Investments said it has begun to offer the Grayscale XRP Trust, helping to send the price of the seventh-largest digital asset up by almost 10 per cent.
THE euro rose against the US dollar on Thursday (Sep 12) after European Central Bank (ECB) president Christine Lagarde dampened expectations for an interest rate cut next month and said the bank will let economic data dictate the next policy move.
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