The Bank of Japan just shocked markets with a policy tweak — here’s why it matters
The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank…
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve…
BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani’s financial arm
BlackRock has joined forces with the financial services arm of India’s tycoon Mukesh Ambani in what’s been referred to as…
Senate passes toned-down bill to increase oversight of investments in Chinese technology
The Senate overwhelmingly backed legislation Tuesday that would require U.S. firms to notify the Treasury when investing in advanced Chinese…
A ‘momentous week’ ahead as the Fed, ECB and Bank of Japan near pivot point
The U.S. Federal Reserve, Bank of Japan and European Central Bank will all announce key interest rate decisions this week,…
Cathie Wood says her flagship innovation fund has completely exited China
Ark Invest’s Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market…
TikTok Shop strikes ‘buy now, pay later’ partnership in Malaysia as part of e-commerce push
TikTok struck a partnership with “buy now, pay later” service Atome to offer installment payments on its e-commerce marketplace in…
Singapore’s ‘squeaky clean’ image takes a beating as scandals rock the government
SINGAPORE — Political scandals are rare in Singapore. The city-state has long touted its clean government and incorruptible image to…
North Korea has ‘no interest’ in nuclear talks with the U.S., says think tank
The U.S. has been working hard over the past year to engage with North Korea on denuclearization — but Pyongyang…
India’s IDFC First Bank says merger will boost credit growth
India’s IDFC First Bank expects to see robust credit growth following its recent merger, according to managing director and CEO…
