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Banks
British businesses to scale back staffing, wage increase plans – poll
British businesses are scaling back their staffing and wage increase plans this month, possibly due to the looming…
China c. bank conducts 150b yuan of reverse repos
The People's Bank of China (PBC) conducted 150 billion yuan ($21.14 billion) of seven-day reverse repos at an…
China PBC offers bill swap to boost liquidity
The People's Bank of China (PBC) conducted a central bank bills swap (CBS) operation on Tuesday to enhance…
SWIFT to unveil CBDC platform within 2 years
SWIFT, the global bank messaging network, is set to launch a platform within 1-2 years to integrate the emerging…
Taiwan central to continue tightening policies
Taiwan central bank will continue its tightening policy to curb inflation, Reuters reported on Tuesday.
BRICS bank plans to provide $5b loans in ’24
The New Development Bank (NDB), set up by the BRICS group of emerging economies, plans to provide approximately $5…
Egypt’s CBE offers fixed-rate EGP 150b deposits
The Central Bank of Egypt (CBE) offered on Tuesday a fixed-rate deposits at 27.75 per cent for seven days,…
Economic slowdown hits S. Korea’s card spending
The growth of spending via plastic cards has decelerated In South Korea, with the Bank of Korea reporting a 6.2 per…
China urges banks to speed up new loan approvals for private developers
Chinese regulators are urging banks to accelerate the approval of new loans for cash-strapped private property…
British lender announces $100m financing pact for Africa
British International Investment, a development lender, announced a $100 million financing agreement with TDB.
