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New Zealand appoints Anna Breman as central bank governor

New Zealand Finance Minister Nicola Willis on Wednesday announced that Anna Breman has been appointed as the country’s new central bank...

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KKR, Blackstone make US$17 billion natural gas bet after AI boost

Private credit lenders have been increasingly focused on investment-grade companies and large public firms for financing opportunities as they look to diversify...

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Crypto giant Tether seeks US$500 billion valuation in major raise

The El Salvador-based company has made a fortune by parking the reserves that back its token in cash-like assets, including US Treasuries,...

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Fed’s Powell strikes middle path on inflation, jobs, as others take sides

US Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation and...

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Revolut to spend US$13 billion on its push for 100 million users

The company aims to become one of the top three financial apps in every market it enters

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Australia sues IAG’s unit for allegedly misleading thousands of customers

RACQ Insurance, a unit of Insurance Australia Group, misled thousands of customers with false premium comparison

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HSBC adviser who criticised the US is set to join China’s AIIB

The process is ongoing and there’s no certainty Cowper-Coles will accept the role

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Apac data centre owners look beyond banks to fund US$100 billion of construction over 5 years: S&P

Options include capital recycling via Reits, asset-backed securities, private credit funding

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PBOC unswayed by US Fed as policy choices hinge on data at home

The economy’s slower nominal growth also implies that the earnings of companies and individuals are increasing at a weaker rate with deflation...

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New Zealand poised to appoint first woman as governor of RBNZ

The new governor will not be in place for the next rate decision on Oct 8, with their term expected to start...

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