Malaysia’s economy is projected to grow between 4% and 5% this year, the central bank governor told Reuters, citing strong domestic demand and export performance as key drivers of the positive outlook.
Taiwan central bank chief warns of AI bubble risk – Reuters
Published on :Taiwan’s central bank chief has warned of a potential bubble risk driven by artificial intelligence investments. He urged cautious market behavior amid soaring AI-related stock valuations, Reuters reports.
Malaysia’s Central Bank Holds Key Rate Steady at 2.75% in Line with Expectations
Published on :Malaysia’s central bank kept its key interest rate steady at 2.75%, matching market expectations and reflecting a careful stance amid stable economic conditions and persistent global uncertainties
Bank Indonesia Lowers Foreign Currency Purchase Limit to $10,000
Published on :Bank Indonesia has slashed the foreign currency purchase threshold to just $10,000, stepping up efforts to tighten capital controls and bolster the rupiah’s stability amid ongoing global economic uncertainties, the central bank announced Monday
Indonesia’s Central Bank Holds Rate Steady at 4.75%, Meeting Market Expectations
Published on :Bank Indonesia held its benchmark interest rate steady at 4.75%, exactly as the market anticipated. This move reflects a careful effort to strike the right balance between curbing inflation and supporting economic growth in the face of persistent global uncertainties
Bank of Japan to Pilot Blockchain Technology for Reserve Settlements, Says Governor Ueda
Published on :The Bank of Japan is set to launch an exciting pilot program using blockchain technology for reserve settlements, Governor Ueda revealed. This innovative move promises to boost both efficiency and security in interbank transactions
Indonesia’s Growth and Inflation Outlook Sets the Course for BI’s Next Moves
Published on :Indonesia’s economic growth and inflation outlook play a crucial role in shaping Bank Indonesia’s policy moves, says MUFG. The central bank is poised to strike a careful balance between fueling recovery and keeping inflation in check
South Korea’s Central Bank Holds Rates Steady to Protect Financial Stability
Published on :South Korea’s central bank kept interest rates unchanged to maintain financial stability amid global uncertainties, signaling cautious support for economic growth while monitoring inflation and market risks, Nikkei Asia reports.
Pakistan Mourns the Loss of Shamshad Akhtar, Trailblazing First Female Central Bank Governor, at 71
Published on :Shamshad Akhtar, Pakistan’s first female central bank governor, has passed away at 71. Renowned economist and former UN official, Akhtar played a pivotal role in shaping Pakistan’s financial landscape.
Japan Faces Growing Anticipation of Another Interest Rate Hike
Published on :Rising expectations for another rate hike in Japan are gaining momentum as inflation pressures persist. Markets closely watch the Bank of Japan’s upcoming policy meeting for potential tightening signals.
Sri Lanka’s Interest-Rate Trap: A Paradox Unveiled
Published on :Sri Lanka finds itself caught in a challenging interest-rate trap, where efforts to tame inflation collide with the urgent need to boost growth. Increasing rates put pressure on borrowers, yet lowering them could ignite inflation, intensifying economic uncertainty
Brunei Darussalam Central Bank and Monetary Authority of Singapore Strengthen Bilateral Cooperation
Published on :Brunei Darussalam Central Bank and the Monetary Authority of Singapore have reaffirmed their strong bilateral cooperation, enhancing financial stability and fostering closer regulatory ties, officials announced on mas.gov.sg.