Kazakhstan names former economy minister Suleimenov as central bank chief

ECB's elevated borrowing costs may not deter further interest rate hikes

The European Central Bank (ECB) has signaled a pause in its rate hikes for October, following ten consecutive increases. This decision has sparked a debate...

#president #market #government

2023-10-03 08:52:43 • 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

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

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

BP sticking to green targets after Looney's exit, insists acting boss

BPS acting boss insisted that the oil giants green drive is on track following his disgraced predecessor Bernard Looneys exit. Murray Auchincloss, who was...

#congress #money #government

Daily Mail

2023-10-02 21:01:23 • 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

Channel NewsAsia

2023-10-02 02:48:00 • 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

Channel NewsAsia

2023-10-03 07:11:42 • 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

Shavkat Mirziyoyev: Why is reformist Uzbek leader arresting bloggers?

2023-10-03 07:51:07 • 1 min

World

By BBC Monitoring Uzbekistan Olimjon Haydarov was detained and taken into custody in Uzbekistan's eastern city of Kokand in July, after being charged with...

#blogger #safety #president

BBC

2023-10-02 21:11:33 • 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

Fed's top regulator calls for discount window readiness by banks

Federal Reserve Vice Chair for Supervision Michael Barr warned that the Fed's emergency lending facility can only serve as the central bank's lender of last...

#emergency #bloomberg #economy

American Banker

2023-10-02 20:47:36 • 1 min

Former BP boss Bob Dudley says Looneys shock exit came out of nowhere

Key Points Former BP CEO Bob Dudley said Tuesday that the shock resignation of Bernard Looney last month "came out of nowhere." Dudley, who worked with BP...

#congress #gas #portfolio

CNBC

2023-10-03 12:49:28 • 1 min

Federal Reserve officials signal readiness for potential interest-rate hikes

Top Federal Reserve officials, including Fed Governor Michelle Bowman, Vice Chair Michael Barr, Fed Chair Jerome Powell, and New York Fed Chief John...

#economy #bankingconference #michellebowman

2023-10-03 01:57:37 • 1 min

Laurentian CEO Llewellyn departs as provost takes helm

Rania Llewellyn Graham Hughes/Bloomberg Laurentian Bank of Canada said Chief Executive Officer Rania Llewellyn will leave immediately, to be replaced by...

#ceo #provost #management

American Banker

2023-10-02 13:55:28 • 1 min

Laurentian Bank CEO Rania Llewellyn resigns in wake of IT outage

Laurentian Bank says Eric Provost has been appointed president and chief executive, following a computer outage at the bank last week. Provost replaces Rania...

#appointedchair #outage #immediatepriority

CBC

2023-10-02 11:36:48 • 1 min

World Bank Trims Bangladeshs GDP Growth Forecast, Cites Inflation and Fiscal Vulnerabilities

The World Bank has lowered Bangladesh's GDP growth projection for the 2023-24 fiscal year to 5.6%, a decrease from its April prediction of 6.2% for the...

#pandemic #currency #income

2023-10-03 16:09:36 • 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

RBA extends rate pause despite inflation rebound, Bullock addresses economic outlook in first decision as Governor

The Reserve Bank of Australia (RBA) maintained its steady interest rates for the fourth consecutive month on Tuesday, despite a recent rebound in headline...

#bullock #business #morgan

2023-10-03 05:11:22 • 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

Channel NewsAsia

2023-10-03 04:53:20 • 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