By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s banking system is stable and the country will not see a contagion from U.S. and European banking sector woes, Chief Cabinet Secretary Hirokazu Matsuno said on Monday. He also welcomed Sunday’s decision by top central banks, including the Bank of Japan (BOJ), to bolster the …
Japan govt says banking system stable, plays down risk of contagion Read More »
By Dharamraj Dhutia MUMBAI (Reuters) – Indian government bond yields are likely to ease marginally early on Monday, mirroring U.S. peers, while the rescue of a European lender and dipping odds of a rate hike by the Federal Reserve also aid. The 10-year benchmark 7.26% 2032 bond yield is expected to stay in the 7.33%-7.38% …
Indian bond yields seen tad lower at open in volatile session Read More »
SHANGHAI (Reuters) – China kept its benchmark lending rates unchanged for the seventh straight month in March, as expected, after the central bank surprised markets last week by moving to lower the amount of cash banks must set aside as reserves. Market watchers widely believe the need for more imminent monetary easing was reduced after …
China keeps lending benchmarks unchanged in March, as expected Read More »
MELBOURNE (Reuters) – Rio Tinto has more work to do to protect Indigenous cultural heritage at its mines around the world, according to an independent audit of its practices, the world’s biggest iron ore miner said on Monday. Rio Tinto commissioned the audit as part of a pledge to overhaul its practices after it destroyed …
Rio Tinto has more work to do, cultural heritage audit finds Read More »
By Anushka Trivedi and Dharamraj Dhutia MUMBAI (Reuters) – This week, the Indian rupee and government bond yields are expected to take cues from the Federal Reserve’s guidance at a pivotal monetary policy meeting amid the turmoil in the U.S. and European banking sectors. On Sunday, UBS Group AG sealed a deal to buy Credit …
Indian rupee, bond yields await Fed policy move for cues Read More »
(Reuters) – Singapore’s central bank said Credit Suisse Group would continue operating in the city-state without any curbs, adding that it expected no impact of the Swiss bank’s takeover by UBS Group on the Singapore banking system’s stability. The Monetary Authority of Singapore (MAS) has been in “close touch” with the Swiss Financial Market Supervisory …
Singapore central bank says no interruption to Credit Suisse operations Read More »
By Leika Kihara TOKYO (Reuters) -The Bank of Japan (BOJ) must be ready to work further towards improving market functions if needed, a central bank policymaker said at a March meeting, underscoring the bank’s concern over the rising cost of its bond yield control policy. While global banking woes have taken some upward pressure off …
BOJ debated side effects of easy policy at March meeting Read More »
MANILA (Reuters) – Philippine Finance Secretary Benjamin Diokno said on Monday the central bank could decide to either hike the key interest rate by 25 basis points (bps) or keep policy settings unchanged at its next meeting on Thursday amid uncertainties. Â Â Â Diokno, who also sits in the central bank’s policy-making monetary board, expressed optimism …
Philippine Finance Minister: cbank may opt to hike rates by 25 bps or keep unchanged Read More »
TAIPEI (Reuters) – The current wave of inflation in Taiwan is not a short-term phenomenon and has fanned expectations for continued high inflation rates, the deputy central bank governor said on Monday. “We have seen the consumer price index exceed 2% for nine consecutive months. This wave of inflation is not a short-term phenomenon,” Yen …
SHANGHAI (Reuters) -Tullett Prebon’s Chinese joint venture will resume its data feed on Monday, sources close to the matter told Reuters, becoming the last Chinese money broker to come out of a short regulatory ban that triggered chaos in China’s $21 trillion bond market. Regulators on Wednesday barred money brokers from feeding data to financial …
Tullett Prebon’s China venture freed from money broker data feed ban Read More »
