Central banks
China’s central bank hints at shift towards overnight policy rate to match global peers
Such a move would mark another step in the PBOC’s revamp of its policy framework that began in 2024
More central banks increasing domestic gold storage, diversifying overseas vaulting: survey
The World Gold Council says 93% of respondents reported already holding the metal, up from 81% last year
Bank Indonesia’s new mandate faces first market test after rate hike
It has pushed back against concerns that supporting growth could dilute its commitment to stability
Five areas to watch as renewed US-Iran hostilities rattle global markets
Capital is rotating into defensive, domestically oriented equities, including healthcare and consumer services
Asian central banks turn hawkish as AI and oil shocks hit region
Policymakers are confronting a rare mix of cost-push and demand-driven inflation pressures
Aggressive Asia hikes show few signs of stabilising currencies
Policymakers in developed nations are also signalling aggressive moves
Analysts in doubt over whether Bank Indonesia’s rate hike will stem rupiah’s slide
Jakarta next needs to have consistent economic and business policies to protect the currency, national assets, they say
The pain started long before US$150 oil
As flows through Hormuz remain disrupted, weakening currencies and soaring costs are already rippling through Asia
Goldman says central banks to step up gold-buying, aiding prices
The precious metal has struggled since the outbreak of the war in the Middle East
War turmoil saps Asian reserves with Philippines, India hit most
While central banks have been active to support their currencies, losses are significant
