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India, four SE Asia countries plan instant retail cross-border payments
Reuters SG via Yahoo Singapore Finance· 6 days agoThe central banks of India, Malaysia, Thailand, Singapore and the Philippines are working together to start an instant cross-border retail payments platform ...
India's services growth picks up in June on record rise in exports, PMI shows
Reuters via Yahoo News Singapore· 4 days agoHSBC's India Services Purchasing Managers' Index, compiled by S&P Global, rose to 60.5 in June from...
India cenbank governor pushes for stronger governance, cybersecurity in banks
Reuters via Yahoo Singapore Finance· 4 days agoIndian lenders must strengthen their governance standards and ensure robust cybersecurity controls...
Project Nexus completes blueprint; prepares for work towards live implementation
The Edge Singapore via Yahoo Singapore Finance· 6 days agoThe Bank Indonesia (BI) meanwhile, will continue its...
China's yuan, central bank performing well under stress, but US Fed rates adding to pressures
South China Morning Post via Yahoo Singapore Finance· 3 days agoProlonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the world's "bank for ...
Russian regulator encourages use of crypto to counter sanctions
Reuters via Yahoo Singapore Finance· 3 days agoRussia's central bank told businesses they should use "multiple choice solutions" including...
5 S&P 500 Banks That Outperformed the Index in the First Half
Zacks via Yahoo Singapore Finance· 5 days agoInvestors remain bullish on bank stocks in the first half of 2024, driven by rate cut expectations,...
Bahamas to regulate banks to offer cbank digital currency
Reuters via Yahoo Singapore Finance· 6 days agoJohn Rolle, the islands' central bank governor, who oversaw the Sand Dollar's launch nearly four...
Fed's Williams: still 'a way to go' to reach 2% inflation goal
Reuters via Yahoo Singapore Finance· 2 days ago"We have seen significant progress in bringing it down," Williams said in prepared remarks to an...
Rupee nearly flat wedged between yuan weakness, dip in US bond yields
Reuters via Yahoo Singapore Finance· 4 days agoThe dollar index dipped on Tuesday after comments from Federal Reserve Chair Jerome Powell pushed...