Singapore and Hong Kong—two of Asia’s most prominent private banking hubs—are at the forefront of implementing ...
The People's Bank of China (PBOC) conducted a medium-term loan operation on Friday and left the interest rate unchanged, per Reuters. The Chinese central bank injected 200 billion Yuan ($27.46 ...
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1710 as compared to the previous day's fix of 7.1716 and 7.2971 Reuters estimates.
THE People's Bank of China (PBOC) conducted 14-day reverse repos at an interest rate of 1.65 percent on Jan. 26, injecting 151 billion yuan ($20.84 billion) into the market. This measure is intended ...
The reliance on the new open-market monetary tool is emblematic of the PBOC’s efforts to keep money flowing through the banking system while pursuing its conflicting goals of supporting growth ...
Countries are often added to the Financial Action Task Force (FATF) grey list due to deficiencies in their anti-money laundering (AML) and counter-terrorism financing (CTF) frameworks. Some ...
That’s after the PBOC earlier in January said it will suspend sovereign bond purchases, in an attempt aimed at reining in the bond rally and supporting the currency by reducing liquidity.
The aim is to maintain ample liquidity and ensure that social financing and money supply growth align with the country's goals for economic growth and overall price levels, according to the PBOC's ...
In a statement in April, the PBoC warned that China risked Silicon Valley Bank-style bank runs if its financial sector continued to purchase long-dated sovereign bonds. Then, in August ...
Nepal Rastra Bank Governor Maha Prasad Adhikari said last month that an assessment by the Asia/Pacific Group on Money Laundering (APG) had put Nepal at risk of being placed on the grey list of the ...
Asia-Pacific markets mixed on Friday following the rally on Wall Street Thursday after US President Donald Trump delayed implementing reciprocal tariffs and hopes of easing the trade war following ...
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