Banking & Finance
Pakistan to allow Binance to explore ‘tokenisation’ of up to US$2 billion of assets
The move comes as other countries expand formal licensing rules for crypto exchanges amid broader global regulatory tightening
Fed officials split over risks to US economy going into 2026
The Fed cut its benchmark rate by a quarter percentage point for a third consecutive meeting in response to rising unemployment
In Depth: China bad-debt managers’ bet on bank stocks could backfire
A new player has emerged in the boardrooms of China’s major banks: the “Big Four” state-owned asset management companies (AMCs) created to clean up the bad debts of four state-owned commercial lenders...
Philippine central bank chief tempers hawkish view, sees one more cut
Remolona said the economy “looks worse than we thought” in the current quarter
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TerraUSD creator Do Kwon sentenced to 15 years over US$40 billion crypto collapse
Kwon pleaded guilty in August to two counts, conspiracy to defraud and wire fraud
Axa warns on data centre ‘gambles’ as private credit risks rise
This comes amid growing awareness of emerging risks in private markets
Swiss National Bank holds interest rate at zero, cuts inflation forecast
The outcome shows the central bank setting a higher bar for moving negative than for a standard rate cut
Bank of Japan reluctant to intervene on rising yields, sources say
The recent rises are due to investors taking a wait-and-see approach on uncertainty over how far the BOJ can eventually raise rates
Bitcoin dips below US$90,000 as AI worries dent risk appetite
Fresh concerns about artificial intelligence profits weighed on technology stocks
Hong Kong central bank cuts interest rate, tracking Fed move
[HONG KONG] The Hong Kong Monetary Authority (HKMA) lowered on Thursday (Dec 11) its base interest rate charged via the overnight discount window by 25 basis points to 4.0 per cent, tracking a cut by ...
