Philippine c. bank amends FX regulations
The Philippine central bank approved amendments to FX regulations, to facilitate timely reporting by banks for…
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Financial stability
China’s Ganfeng Lithium plans to build derivatives desk
Ganfeng Lithium Group Co. is considering setting up a derivatives-trading desk to manage risk in response to market…
Yellen urges German banks for stricter Russia sanctions
US Treasury Secretary Janet Yellen has called on German bank executives to enhance efforts to comply with sanctions…
ECB urges new regulations for AI in finance
The European Central Bank (ECB) is calling for a close watch on the use of artificial intelligence (AI) in finance.…
IMF approves $1,15m loan to Bangladesh
The International Monetary Fund (IMF) announced a staff-level agreement to provide Bangladesh with $1,15 million.
Euro area economy set for recovery in ’24, OECD forecasts
The eurozone is likely to see GDP growth of 0.7 per cent in 2024, and 1.5 per cent in 2025, according to the…