BoJ Holds Rates As Inflation Forecast Rises

The Bank of Japan is set to raise its inflation outlook for fiscal 2025, acknowledging persistent upward pressure from food costs such as rice, while keeping its 0.5% short-term policy rate unchanged in its July 30–31 meeting. This move reflects a cautious stance as

ING Accelerates AI Rollout to Transform Operations

ING Bank is intensifying its investment in agentic artificial intelligence (AI) to reshape its operational backbone, with transformative projects already under way in transaction monitoring, customer due diligence (KYC), and mortgage processing. The move reflects the bank’s strategy to enhance

Mexico Pushes Back on US Bank Sanctions

Mexico’s financial authorities are bracing against fresh pressure from the United States following sanctions targeting three domestic financial institutions – CiBanco, Intercam Banco and Vector Casa de Bolsa, alleged to have facilitated money laundering for drug cartels. In response, Mexico’s banking regulator has placed

RBI Taps Brakes on Liquidity Injection Strategy

India’s central bank has taken a strategic pivot, conducting a ₹1 trillion (approx. $11.6 billion) variable‑rate reverse repo auction on 27 June 2025 to drain excess cash from the banking system, just weeks after surprising markets with substantial rate cuts and reserve ratio relief. This marks

EU Stablecoin Guidance Defies ECB Alarm Bells

Brussels is taking the bold step of advancing stablecoin regulations despite warnings from the European Central Bank (ECB) that such rules might destabilise banks in turbulent market conditions. The European Commission’s upcoming guidance would permit stablecoins issued outside the EU to be treated as

Central Banks Diversify As Dollar Dominance Wanes

Global central bank reserve managers are taking decisive steps to reduce reliance on the U.S. dollar amid rising geopolitical uncertainty and policy shifts. According to a new OMFIF survey covering around $5 trillion in

World Bank Demands Radical Debt Transparency

The World Bank has issued a strong call for radical transparency in national debt reporting, aimed at preventing future financial crises in developing countries. A report published on 20 June 2025 highlights

Trade‑Tension Pressures SNB Stability Framework

The Swiss National Bank’s 2025 Financial Stability Report, released on 19 June 2025, paints a picture of rising economic uncertainty fuelled by geopolitics and trade tensions. Global debt levels close to record

Russia’s Sberbank Strengthens AI Edge Amid Sanctions

Russia’s dominant lender, Sberbank, is unveiling an upgraded version of its GigaChat large language model (LLM) now equipped with advanced reasoning capabilities, marking a significant evolution in its AI ambitions. According to First Deputy CEO Alexander Vedyakhin, the new model,

Public Money Unlocks Climate Loans

The Inter‑American Development Bank (IADB) has unveiled a pioneering strategy to mobilise sustainable finance in developing nations, using public funds to trigger vast private

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