Abdul Rasheed Ghaffour appointed Malaysia central bank governor

Malaysia maintains GDP forecast despite World Bank's lowered expectations

Despite the World Bank lowering its forecast for Malaysia's gross domestic product (GDP) growth in 2023 to 3.9% from an initial projection of 4.3%,...

#gdpforecast #finance #health

2023-10-03 06:45:45 • 1 min

Investment giant chaired by former Bank of England boss Mark Carney snaps up UK windfarm developer

Windfarms: Bank of England governor (pictured) is chairman at Brookfield Asset Management A Canadian investment giant chaired by Mark Carney is buying a...

#investmentgiant #money #markcarney

Daily Mail

2023-10-03 21:00:52 • 1 min

Thai PM touts stimulus plans, meets central bank chief after surprise rate hike

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#economy #election #opinion

2023-10-02 02:48:00 • 1 min

Claudia Buch set to become EU's chief banking supervisor as Parliament votes in favor

The European Parliament on Tuesday voted in favor of Claudia Buch, Germanys candidate for the role of the European Union's (EU) chief banking supervisor. The...

#finance #claudia #rebuildingefforts

2023-10-03 15:19:32 • 1 min

Thai banks raise loan, deposit rates following central bank policy hike

Thai banks, including Siam Commercial Bank (OTC: SMUUY ) (SCB), TMBThanachart Bank (TTB), and Bangkok Bank (BBL), have raised their loan and deposit rates in...

#retail #savingrate #loanrate

2023-10-03 07:51:07 • 1 min

Thai PM: Plans to stimulate economy from grassroots up

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#economy #policy #investment

2023-10-03 07:11:42 • 1 min

Malaysia banks on subsidy savings to narrow 2024 fiscal deficit

MALAYSIA is counting on its plan to cut subsidies next year to help narrow the budget deficit, giving the government room to avoid resorting to too many...

#government #tax #economy

The Business Times

2023-10-04 01:16:28 • 1 min

Bank of Canada's new deputy governor signals concern over pricing behavior

Nicolas Vincent, in his inaugural speech as Deputy Governor of the Bank of Canada, voiced concerns about the nation's evolving pricing behavior in the face...

#development #pricingpractices #recentcall

2023-10-03 13:19:06 • 1 min

Federal Reserve expands outreach to Instagram and Threads

In a move to enhance transparency and comprehension of its activities amid economic challenges, the Federal Reserve has expanded its outreach to social media...

#education #president #inflation

2023-10-03 23:08:59 • 1 min

Inflation 'feedback loop' warning by Bank of Canada's new deputy governor

Nicolas Vincent, the recently appointed external non-executive deputy governor of the Bank of Canada, issued a warning about an impending inflation 'feedback...

#development #DeputyGovernor #feedbackloop

2023-10-03 17:26:16 • 1 min

South Asia's growth forecasted at 5.8% for 2023, leading among global regions

On Tuesday, the World Bank predicted that South Asia will grow by 5.8% this year, positioning it as the fastest-growing region worldwide, although still...

#pandemic #emergingmarkets #slightdeceleration

2023-10-03 13:03:43 • 1 min

World Bank cuts Bangladesh's FY23-24 GDP growth forecast amid inflation concerns

In a recent press conference held in Dhaka on Tuesday, the World Bank (WB) revised its prediction for Bangladesh's GDP growth for fiscal year 2023-24,...

#government #inflationarytrend #developmentupdate

2023-10-03 20:07:11 • 1 min

Indonesia central bank intervenes to balance FX supply-demand, build market confidence-official

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#management #reuters #marketconfidence

2023-10-03 04:53:20 • 1 min

Ghana's debt restructuring: IMF optimistic about agreement with Official Credit Committee

The International Monetary Fund (IMF) has expressed optimism regarding Ghana's ongoing negotiations with the Official Credit Committee (OCC) over its...

#debtrestructuring #government #finance

2023-10-03 05:10:30 • 1 min

New RBA governor Michele Bullock presides over first meeting amid inflation concerns

The Reserve Bank of Australia (RBA) held its monthly meeting today, Tuesday, with newly appointed governor Michele Bullock at the helm. This marks Bullock's...

#bloomberg #bullock #michele

2023-10-03 06:09:59 • 1 min

Kenya Central Bank Holds Key Interest Rate Steady Amid Inflation Concerns

Kenya's central bank has decided to keep its benchmark interest rate unchanged at 10.50% for the second consecutive time this Tuesday, as it continues to...

#tighteningmeasures #furtherreductions #fuelinflation

2023-10-03 16:48:35 • 1 min

Deutsche Bank regulator tightens oversight in setback to CEO

In addition to the consumer-related independent monitor appointed Monday by BaFin, Deutsche Bank CEO Christian Sewing has had to contend with another named...

#ceo #finance #money

American Banker

2023-10-02 16:04:59 • 1 min

Senate confirms Olayemi Cardoso as new governor of Nigeria's Central Bank

The Nigerian Senate, led by Godswill Akpabio, has confirmed Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN) on Wednesday....

#senate #newgovernor #president

2023-09-27 19:33:15 • 1 min

India's 2023-24 GDP growth projection lowered to 6.3%: World Bank

The World Bank has revised its GDP growth forecast for India in the fiscal year 2023-24, lowering it from 7.2% to 6.3%. This downward adjustment, announced...

#WorldBank #publicexpenditure #downwardadjustment

2023-10-03 09:34:59 • 1 min

Malaysia's plantations ministry proposes cut in windfall tax on palm industry

Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...

#commodity #plantation #producingstates