Since March, Beijing has urged banks to bolster low‑interest consumer lending to ignite household spending as a countermeasure to ongoing trade tensions, yet growth remains tepid and debt failures are mounting. Despite
Bitcoin has surged to an all-time high, climbing above $116,700 on Friday as institutional demand and favourable U.S. policy signals converged to drive new momentum. The world’s largest cryptocurrency has now gained
The Bank of Japan’s latest regional survey reveals a nuanced picture: although U.S. tariffs have so far exerted limited pressure on Japanese exports and industrial output, firms are growing increasingly anxious about
From the outset, Australia’s central bank has signalled a meaningful shift in financial market infrastructure with the launch of Project Acacia, a trial involving real-money settlement experiments across diverse asset classes. Beginning
UniCredit’s pursuit of a €17 billion Banco BPM bid and its strategic expansion in Commerzbank are entering a pivotal phase this week, with implications rippling across Italy and Germany. As the Italian court weighs
In a move that caught markets off guard, the Reserve Bank of Australia held its benchmark interest rate steady at 3.85%, defying expectations of a cut and triggering immediate reaction across currency
Japan now faces a precarious balancing act as US-imposed tariffs weigh heavily on exports, corporate profits, and wage dynamics, complicating the Bank of Japan’s (BOJ) monetary policy choices. With the yen weakening
The US dollar recently hovered near multi‑year lows amid escalating geopolitical tensions as the Trump administration prepared to implement higher tariffs following the expiry of its 90‑day moratorium – a move that
Singapore’s financial regulator has issued its second-largest collective fine, totalling S$27.45 million (US$21.5 million), against nine banks and wealth managers, including UBS, Citi, and Julius Baer. The action follows a major money-laundering
A group of high-profile tech billionaires is preparing to launch a new bank called Erebor, aiming to fill the void left by the collapse of Silicon Valley Bank in 2023. The venture
