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Nomura CEO’s pay more than doubles after profit hits record

Okuda’s compensation rose to 1.208 billion yen (S$11 million) in the year ended Mar 31 from 506 million yen a year earlier

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Fresh off licence win, CP Group’s TrueMoney one to watch in Thailand’s virtual banking shake-up

The country’s new virtual bank licensees are set to face challenges as they prepare to disrupt a saturated market

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Australian, New Zealand dollars fall with global stocks after US strikes Iran

The Australian and New Zealand dollars fell with global stocks on Monday after the US bombed nuclear facilities in Iran, although...

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Japan flags big cut to long-end bond issuance before risky sale

The move by the finance ministry may also prove fortuitous in light of the US attack on Iranian nuclear sites over the...

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US Federal Reserve’s Daly says employment, inflation risks roughly in balance

Officials see slower economic growth, higher inflation and rising unemployment, and hold divided views on the outlook for interest rates, according to...

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Central banks in Asia are becoming wary of currency intervention

Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market.

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World Bank and IMF climate snub ‘worrying’, says COP29 presidency

Donors have consistently failed to deliver on past finance pledges, and have committed well below what experts agree developing nations need to...

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Circle gets buy rating after Senate passes stablecoin bill

The company behind USDC has seen its shares rise more than 600% since they started trading earlier this month

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Trump says he may change his mind about firing Fed chair Powell

The central bank decisions are typically reached through consensus, and more than a couple of dissents would be rare

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US Federal Reserve split on whether to hedge on inflation, or proceed with cuts

The Trump administration says the tariffs will ultimately help the US economy, and the president has demanded the Fed slash rates immediately

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