Featured Archives • Page 933 of 1384 • Financial News

Featured

BOJ more upbeat on regional Japan, wage prospects

THE Bank of Japan (BOJ) on Thursday (Jan 12) offered a more optimistic view on the country’s economic health, and pointed to a growing number of firms planning wage increases, underscoring its conviction that Japan is on track to achieve its 2 per cent inflation target.

Featured

Bank of Japan more upbeat on regional Japan, wage prospects

THE Bank of Japan (BOJ) on Thursday (Jan 12) offered a more optimistic view on the country’s economic health, and pointed to a growing number of firms planning wage increases, underscoring its conviction that Japan is on track to achieve its 2 per cent inflation target.

Featured

JPMorgan says it was defrauded in US$175m college site purchase

JPMORGAN is claiming that it was defrauded by the founder of Frank, a college financial-planning site it acquired in 2021.

Featured

Bitcoin extends its longest winning streak since pandemic days

A PROLONGED rally in Bitcoin is giving crypto enthusiasts a smidgen of something to be happy about during a dark period for the industry.

Featured

Asia’s banks see widening gap between ESG leaders and laggards

ASIA’S major banks are seeing a widening gap between ESG leaders and laggards, as regulators in the region ramp up scrutiny of sustainable finance, according to a World Wildlife Fund (WWF) report.

Featured

BlackRock plans to cut 500 jobs in first retrenchment since 2019

BLACKROCK plans to dismiss about 500 employees, roughly 2.5 per cent of its global workforce after the world’s biggest asset manager grappled with sharp declines last year in equity and bond markets.

Featured

South Korea set for one more rate hike as risks mount

THE Bank of Korea (BOK) is set to raise its key interest rate one more time on Friday (Jan 13), with policymakers then seen bringing their 18-month tightening cycle to a close amid rising concerns about the economic outlook.

Featured

FTX advisers have found US$5b cash or sellable crypto

FTX Group advisers have found more than US$5 billion in cash or crypto assets that it may be able to sell to help repay creditors, a lawyer for the company told the judge overseeing the biggest crypto bankruptcy.

Featured

UK watchdog fines Al Rayan bank over money laundering control failures

BRITAIN’S financial watchdog said on Wednesday (Jan 11) it had fined Al Rayan Bank £4 million (S$6.5 million) for failing to put in place adequate controls to prevent money laundering.

Featured

Credit Suisse weighs 50% cut to bonus pool after turbulent year

CREDIT Suisse Group is considering cutting the bonus pool for 2022 by about half, according to people familiar with the matter, capping a grim year in which the bank was forced to raise US$4 billion after a string of losses.

Featured

Most Viewed

Trending Now