Banking & Finance
Indonesia central bank committed to 'smart interventions' to defend rupiah
The rupiah hit a fresh record low of 17,525 per dollar earlier on Tuesday
Sudden yen jump stokes rate check speculation
[TOKYO] The Japanese yen jumped suddenly on Tuesday (May 12), stoking speculation of a “rate check,” which is often a precursor to currency intervention.
China’s central bank warns on imported inflation from higher oil prices, focuses on policy transmission
Many economists have already scrapped their forecasts for a rate cut this year
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Global central banks’ use of renminbi swap lines hits 2‑year high amid rising demand for China’s currency
The latest increase highlights China’s drive for renminbi internationalisation
UK fintech Wise makes US trading debut with dual listing
Billionaire Peter Thiel, Silicon Valley’s Andreessen Horowitz and UK-based Baillie Gifford were among its early investors
JPMorgan hikes Kospi bull case target to 10,000 on memory boom
As Kospi’s gains extend, overheating signals are also growing
Indonesia central bank bills outstanding rise most in two years
Overseas investors have cut their holdings of the nation’s stocks and bonds in recent weeks
Hong Kong’s bad-debt bankers ramp up fire sales, liquidations as city’s distressed loan ratio hits a high
At least half a dozen lenders have increased their number of special asset bankers
Dubai’s bankers, traders return as Iran war risks continue to loom over city
The city faces an uneasy balancing act as it tries to restore confidence while living with the possibility that the conflict could flare up again
