Category Archives:
Philippine Finance Minister: cbank may opt to hike rates by 25 bps or keep unchanged
MANILA (Reuters) - Philippine Finance Secretary Benjamin Diokno said on Monday the central bank could decide to either hike the key interest rate by 25 basis points (bps) or keep policy settings uncha...
Mar 19, 2023
Taiwan central bank deputy governor: Current wave of inflation is not short-term phenomenon
TAIPEI (Reuters) - The current wave of inflation in Taiwan is not a short-term phenomenon and has fanned expectations for continued high inflation rates, the deputy central bank governor said on Monda...
Mar 19, 2023
China keeps lending benchmarks unchanged in March, as expected
SHANGHAI (Reuters) - China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected, after the central bank surprised markets last week by moving to lower the am...
Mar 19, 2023
Former US Marine may have been ‘lured’ from China by security agencies before arrest -lawyer
By Kirsty Needham SYDNEY (Reuters) - A former U.S. Marine Corps pilot may have been "lured" from China to Australia by security agencies before his arrest, his lawyer said outside court on Monday afte...
Mar 19, 2023
U.S. sees deposits stabilizing as some regional banks reel
By David Lawder, David French and Lananh Nguyen WASHINGTON/NEW YORK (Reuters) - A U.S. official said on Sunday that the deposit outflows that left many regional banks reeling in the wake of Silicon Va...
Mar 19, 2023
Analysis-UBS swallows doomed Credit Suisse, casting shadow over Switzerland
By John O'Donnell and Stefania Spezzati LONDON (Reuters) - UBS Group emerged as Switzerland's one and only global bank with a state-backed rescue of its smaller peer Credit Suisse, a risky bet that ma...
Mar 19, 2023
BOJ debated side effects of easy policy at March meeting
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) must be ready to work further towards improving market functions if needed, a central bank policymaker said at a March meeting, underscoring th...
Mar 19, 2023
Oil edges up on historic Swiss banks deal, central banks support
By Florence Tan SINGAPORE (Reuters) - Oil prices rose on Monday after suffering their biggest weekly loss in months as UBS struck a deal to buy Credit Suisse and some of the world's largest central ba...
Mar 19, 2023
US House Speaker McCarthy says he told Biden lack of debt talks jeopardizes economy
By David Morgan WASHINGTON (Reuters) - U.S. House Speaker Kevin McCarthy said on Sunday that he confronted President Joe Biden about a lack of negotiations on the $31.4 trillion U.S. debt ceiling last...
Mar 19, 2023
Silicon Valley Bank’s parent company cut off from bank’s records
By Dietrich Knauth (Reuters) - SVB Financial, the bankrupt parent company of Silicon Valley Bank, has lost access to its financial records after the bank was placed into receivership by the Federal De...
Mar 19, 2023
Peoria, IL, USA
68 °F Rain With Thunderstorm
