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President Prabowo launches Indonesia’s first bullion banks

Markets

China to start bank recapitalisation with at least 400 billion yuan

CHINA plans to start re-capitalising several of its biggest banks in coming months, according to people familiar with the matter, following through...

Markets

Thai central bank surprises with rate cut as risks to growth increase

THE Bank of Thailand unexpectedly cut its key interest rate for the first time in four months, acting after disappointing growth data...

Markets

Thai central bank cuts key policy rate amid slow growth, trade policy risks

THAILAND’S central bank cut its benchmark interest rate by a quarter percentage point on Wednesday (Feb 26), a move it said was...

Markets

Itochu will not participate in Seven & i buyout from founding family, Nikkei says

Markets

HSBC names Asia country, banking heads in CEO’s major revamp

In the “priority markets” of China, India and Singapore, HSBC named Zhenyi Tang, Ajay Sharma and Gilbert Ng as heads of banking

Markets

Great Eastern privatisation is ‘natural progression’ in bank’s strategy: OCBC CEO Helen Wong

The bank aims to drive collaboration across its three main business pillars of banking, wealth management and insurance, under its ‘one group’...

Markets

Australian regulator launches probe into WiseTech as founder takes on chairman role

Markets

EY Australia to consider ‘targeted restructuring’ as difficult operating conditions persist

EY AUSTRALIA is considering cutting jobs as part of “workforce adjustments” to reflect challenging market conditions, with some targeted restructuring possible for...

Markets

Hong Kong flags spending cut, AI push in bid to reverse booming deficit

Markets

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