May 12, 2022

TOKYO: Japan’s SoftBank Group Corp. reported a record $26.2 billion loss at its Vision Fund investment arm on Thursday, as rising interest rates and political instability have......

May 10, 2022

China's central bank said on Monday it would step up support for the slowing economy, while closely watching domestic inflation and monitoring policy adjustments by developed economies.......

May 6, 2022

HSBC Holdings Plc has hired Michael Willoughby, a top mining banker at Standard Chartered Plc, to help build its global resources team, people with knowledge of the matter said. Willoughby,......

April 27, 2022

MANILA- The Philippines' central bank is looking at raising benchmark interest rates two to three times to bring down inflation by next year, with the first hike to be considered......

April 23, 2022

Amsterdam Trade Bank (ATB), a subsidiary of Russia’s Alfa Bank, has been declared bankrupt, the Dutch central bank (DNB) said on Friday, citing an Amsterdam District Court Ruling.......

April 19, 2022

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has teamed up with IBM Consulting to support the bank’s......

April 16, 2022

BEIJING- China said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this year, releasing about 530 billion yuan ($83.25 billion) in long-term......

April 15, 2022

Driven by a strong recovery and rising exports, Qatar’s"...

April 8, 2022

KARACHI: The Pakistan rupee dropped to a historic low of 191 rupees to the dollar Thursday as an ongoing political crisis rocked confidence in the currency. The rupee has been declining......

April 7, 2022

Kolkata, Apr. 7 (BNA): Some Asian central banks are shaking off their long-held reluctance to follow their global peers in lifting benchmark interest rates off historic lows, as the......