INDONESIA is set to enact sweeping changes to its financial sector regulation as soon as this week, after two years of thwarted attempts and market pushback.
FEDERAL Reserve chair Jerome Powell has history on his side as he and colleagues split with Wall Street over how long interest rates will stay high in 2023.
A DIALING back of massive Bank of Japan (BOJ) bond purchases and even a tweak to yield-curve control would fail to solve the liquidity drought in the country’s debt market next year, according to investors.
FTX’s Sam Bankman-Fried is willing to testify before the US House Committee on Dec 13, the cryptocurrency exchange’s founder said in a tweet on Friday (Dec 9), as regulators investigate his role in the wake of its collapse.
CHINA’S Sunshine Insurance Group ended flat in its trading debut after Hong Kong’s fourth-largest deal this year, potentially the last big listing in the Asian hub before the end of 2022.
CHINA will issue 750 billion yuan (S$145.9 billion) three-year special treasury bonds on Dec 12, the finance ministry said in a statement on Friday (Dec 9), as the economy was hobbled by Covid woes and a property downturn.
BRITAIN on Friday (Dec 9) hit the UK arm of Spanish banking giant Santander with a fine of almost £108 million ($S154 million), after uncovering “serious and persistent gaps” in its anti-money laundering controls.
INDIAN banks have raised US$2 billion through infrastructure bonds over the last two weeks, anticipating a revival in private capital expenditure and increased government spending, analysts said.
