Latest News for: Asia central banks

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US-China tariff truce gives Asia time and space to reset

Asiatimes 12 May 2025
lower tariffs reduce inflationary pressure on imported goods, giving central banks in emerging Asia more breathing room ... Banks across the region will likely see renewed interest from corporates in restarting previously paused investment programs.
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ACB to raise charter capital to over VND51 trillion

The Saigon Times 12 May 2025
HCMCAsia Commercial Joint Stock Bank (HOSE. ACB) has received approval from the central bank to raise its charter capital by nearly VND6.7 trillion ... The bank’s ... Other banks also posted gains.
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India, Pakistan end hostilities after US mediates ceasefire

Boston Herald 10 May 2025
The Indian rupee weakened 1% against the dollar since India’s initial strikes on Wednesday, with the currency ranking among the worst performers in Asia and seemingly forcing the central bank to intervene to curb excessive volatility ... ....
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Laos Charts Bold Course To Lead Asia's Gold Trade

MENA FN 09 May 2025
(MENAFN - The Arabian Post) Laos has unveiled an ambitious plan to transform itself into a central hub for gold trading and refining in Asia by 2030, spearheaded by the Lao Bullion Bank . This ... .
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Asia makes strides in renewable energy amid global uncertainty, says Singapore central bank chief

Xinhua 08 May 2025
... Chia Der Jiun, managing director of the Monetary Authority of Singapore, the country's central bank ... Asia makes strides in renewable energy amid global uncertainty, says Singapore central bank chief.
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Laos Charts Bold Course to Lead Asia’s Gold Trade

The Arabian Post 08 May 2025
Laos has unveiled an ambitious plan to transform itself into a central hub for gold trading and refining in Asia by 2030, spearheaded by the Lao Bullion Bank ... via Laos Charts Bold Course to Lead Asia’s Gold Trade ....
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UAE: Gold drops for second day – but will it fall further?

Gulf News 08 May 2025
Dubai. Gold prices have taken a breather—for the second day in a row ... Over the past year, gold has surged more than 25%, driven by global uncertainty, central bank buying (especially in Asia), and strong demand from investors seeking a safe haven ... .
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Kyrgyzstan to host senior officials meeting of CAREC program in June

Urdu Point 07 May 2025
<p>Milan, (APP - UrduPoint / Pakistan Point News - 7th May, 2025) Kyrgyzstan will soon host a senior officials meeting of the Central Asia Regional Economic Cooperation (CAREC) Program, Lyaziza ...
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Crucial Asia FX Softening: Geopolitical Tensions and Fed Angst Dominate Forex Market

Bitcoin World 07 May 2025
Investors and analysts are closely watching central bank responses in Asia, but their ability to counter the strong dollar and global risk-off sentiment driven by Fed policy and geopolitical tensions is often limited.
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Asia markets open: markets cheer as US, China set for Swiss trade negotiations

Invezz 07 May 2025
In Asia, China’s central bank and financial regulators are scheduled to hold a press briefing at 9 a.m ... Despite President Trump’s persistent pressure on the central bank to resume rate ...
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China ramps up yuan push, seizing on retreating dollar

Gulf-Times 06 May 2025
As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher US tariffs, the People’s Bank of China (PBoC) was seizing a moment of confusion and disruption in ...
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Biggest ever banking M&A deal? Japanese banking giant SMBC closer to taking control of Yes Bank, in talks with SBI to buy stake

The Times of India 06 May 2025
If the deal goes through, it will trigger an open offer to buy an additional 26% stake in Yes Bank, currently India’s sixth-largest private lender by assets ... SMBC reportedly received verbal comfort from the central bank to retain majority ownership.
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Rate cut likely in June as inflation hits over five-year low

Manila Bulletin 06 May 2025
“The odds that the Philippine central bank will continue to cut rates are rising amid lower-than-expected inflation,” said Netherlands-based financial giant ING in its commentary released on Tuesday, May 6.
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