Hong Kong boosts yuan hub status by expanding mainland China bond collateral initiative
Hong Kong will expand the use of mainland Chinese bonds as collateral to obtain yuan liquidity, furthering efforts to enhance ...
Gold and Chinese stocks still have room to rise, CICC says
Investors should adopt overweight positions in gold and Chinese stocks, as the outlook for these assets remains positive ...
‘People are angry’: Japan braces for a new unknown – prolonged inflation
A country that suffered from deflation for decades is now experiencing a sustained rise in prices of basic items ranging from ...
Hungarian Central Bank Under New Governor Sees No Rate-Cut Room
Hungary’s new central bank leadership sees no room to cut interest rates because of a resurgence of inflation, according to ...
China central bank urged to add policy tools to spur consumption
China's central bank should develop new policy tools to help boost consumption, while beefing up efforts to support property ...
Orban ally takes over at Hungary central bank amid inflation, growth risks
Former Hungarian finance minister Mihaly Varga took over as central bank governor on Tuesday, pledging an independent policy ...
Fed’s Williams signals he’s content to hold interest rates steady at March meeting
The Fed’s benchmark rate is currently in a range of 4.25% to 4.5%. Traders in derivative markets are not expecting any change at the central bank’s March 18-19 meeting. They now see three Fed cuts in ...
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How some banks mobilised record deposits despite low industry growth
When the country's banking sector experienced its lowest deposit growth in recent history, some private commercial banks excelled, setting records in deposit mobilisation even through the economic ...
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How Modi govt saved Rs 11,000 cr in 3 yrs & brought in financial transparency with this pivot
This system has also meant that the Centre can transfer money to states for a scheme exactly when they need it, rather than ...