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BOS sees rising ‘non-dom’ flows from UK to Singapore

OCBC’s private bank plans to grow its business in Europe to capture more asset flows from wealthy people in the UK as...
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New Zealand steps up pace of rate cuts as economy weakens

NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more...
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Bank of Japan’s next hike likely to come in January, former official says

NEW Prime Minister Shigeru Ishiba will not impede the Bank of Japan’s (BOJ) path towards raising interest rates, with January the most...
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Citi pushes back on New York lawsuit over fraud scams

CITIGROUP’S lawyers have urged US District Judge Paul Oetken to dismiss a suit filed in January by Attorney General Letitia James, which...
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RBA to boost risk assessment when deploying unconventional tools

AUSTRALIA’S central bank will strengthen its assessment of potential risks when deploying an unconventional monetary policy, assistant governor Christopher Kent said following...
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CBO estimates US$1.8 trillion US deficit for fiscal 2024, largest after Covid

THE Congressional Budget Office estimated on Tuesday a US federal deficit of US$1.834 trillion for fiscal 2024, the highest in the post-Covid...
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US deficit for fiscal 2024 estimated at US$1.8 trillion, largest after Covid

THE Congressional Budget Office estimated on Tuesday a US federal deficit of US$1.834 trillion for fiscal 2024, the highest in the post-Covid...
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Online application for Giro payments to benefit over two million taxpayers

MORE taxpayers may now apply for Giro payments online though a service launched by DBS and the Inland Revenue Authority of Singapore...
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BlackRock, JPMorgan asset back Dynasty Financial at US$800 million valuation

DYNASTY Financial Partners, a provider of back-office services to independent investment advisers, won backing from BlackRock and JPMorgan Asset Management as it...
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ECB cut next week wouldn’t guarantee December move, says Vasle

Reducing interest rates in October wouldn’t mean that the European Central Bank is certain to do so again at its final meeting...
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