Feeling like you’re juggling too many loans at once? You’re definitely not alone. As of Dec 2024, household debt in Singapore ...
There has been a significant outflow of funds from the US to Europe, and within Asia, while India's long-term prospects remain strong, short-term flows are favoring China, observes Fook Hien Yap, ...
(Reuters) - Several global banks moved large sums of allegedly illicit funds over a period of nearly two decades, despite red ...
(Bloomberg) -- Negative yields in the $17 trillion Treasury market are a step closer to reality after the Federal Reserve eased ...
The HKMA last cut the city’s base rate to 4.75 per cent from 5 per cent in December, the lowest level since December 2022. The policy decision by FOMC is in line with market expectations ...
The Hong Kong Monetary Authority (HKMA) kept its base rate at 4.75 per cent on Thursday, prompting HSBC and its subsidiary Hang Seng Bank, Standard Chartered Bank, Bank of China (Hong Kong) to ...
Hong Kong's de facto central bank kept its key interest rate unchanged in lockstep with the US Federal Reserve, as policymakers push any cuts back to later this year while they study the potential ...
A total of 80 top executives from global multinational companies are set to gather in Beijing to discuss a range of economic issues later this month, as China launches a charm offensive to keep ...
NEW YORK, March 18 (Reuters) - Citigroup paid top executives smaller bonuses last year tied to results of the bank's turnaround and risk management fixes required by regulators, the bank's proxy ...
HSBC and Standard Chartered Bank are expected to post bumper profits this week when they kick off the reporting season among Hong Kong's banks, as demand for wealth management buttressed their ...