News

According to its new regulatory director, the U.S. Federal Reserve is undertaking a holistic examination of bank capital requirements, intends to analyse lenders' financial risks related to climate change next year, and may impose stricter regulations on major regional...

The Asia Clean Blue Skies Program (ACBSP), which the Asian Development Bank (ADB) inaugurated on September 8th, will increase ADB's investments in enhancing air quality in Asia and the Pacific. Launched at the Fourth Asia Pacific Clean Air Partnership joint...

The yen has fallen to a new 24-year low versus the dollar, and Japanese Finance Minister Shunichi Suzuki indicated on September 2 that Tokyo will take necessary action as necessary to address volatility movements. This raises the possibility of...

The increase in inflation in the eurozone in August underscored the economic blow caused by Russia's war in Ukraine and put greater pressure on the European Central Bank to act by sharply hiking interest rates the following week. Consumer prices...

Ahead of a rate-setting meeting on September 22, the governor of the Philippine central bank indicated on Sept. 2 that the size of a widely anticipated increase in US interest rates this month will be a large determinant in...

In the first half of 2022, Russia's banks collectively lost 1.5 trillion roubles (S$34.8 billion), according to a senior official at the Russian central bank who spoke with the RBC business newspaper on September 2. This is the first time...

The US dollar was going to have its third straight week of gains and was close to its highest level in 20 years compared to other major currencies. This was because investors were waiting for US jobs data, which...