Latest News for: Asia central banks

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WB to allocate Kyrgyzstan $ 20 mln to purchase coronavirus vaccines

MENA FN 12 May 2021
The vice president of the World Bank for Europe and Central Asia expressed interest and readiness to continue mutually beneficial cooperation in the implementation of all joint projects in various industries.MENAFN12052021000187011040ID1102067723 .
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Digital RMB trial expands to include first private bank

China Daily 11 May 2021
Zhejiang E-Commerce Bank ... At the annual conference in April of the Boao Forum for Asia, Li Bo, vice-governor of the People's Bank of China, the central bank, said the authorities are planning to expand trials of the digital yuan, or e-CNY, in more cities and for various scenarios.
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Digital RMB trial expands to include 1st private bank

China.dot.org 11 May 2021
At the annual conference in April of the Boao Forum for Asia, Li Bo, vice governor of the People's Bank of China, the central bank, said the authorities are planning to expand trials of the digital yuan, or e-CNY, in more cities and for various scenarios.
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FTSE suffers worst day in three months as inflation fears knock global stock markets

The Times/The Sunday Times 11 May 2021
Wall Street fell deeper into the red this afternoon, with technology stocks hit hardest by concern that a lasting climb in prices will force central banks ...
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XRP: Digital Acceleration, US Policy & Cambodian Partnership

CryptoNewsZ 10 May 2021
SBI Ripple Asia recently announced helping Cambodia launch its first remittance business in real currencies with DLT (Distributed Ledger Technology) ... SBI Ripple Asia is known for offering payment frameworks in Asia using RippleNet. The accumulated demonstration tests at ABI LY Hour Bank resulted in approval from Cambodia’s Central Bank.
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Market Talk – May 10, 2021

Armstrong Economics 10 May 2021
The Chinese yuan advanced to its strongest level since 2018 as it defied attempts by the central bank to slow its gains amid an improving outlook for China’s economy ... The yuan’s ascent comes even after the central bank tried to cap its gains by setting the daily fix at a weaker-than-expected level on Monday.
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Emerging market central banks raise more rates

Shenzhen Daily 10 May 2021
EMERGING market central banks delivered more rate rises than cuts in April, marking the end of an easing cycle that had started in 2019 as central banks, especially in emerging Europe and central Asia, grapple with rising inflation pressures ... markets research at MUFG Bank.
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Stocks, Futures Up After U.S. High; Gasoline Jumps: Markets Wrap

Yahoo Daily News 10 May 2021
The materials sector led gains in an Asia-Pacific share index as commodities rallied ... Investors will also parse appearances by a parade of Federal Reserve policy makers as they try to gauge the central bank’s thinking.
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Mastercard in Talks With China’s Central Bank in Push To Support Digital Yuan: Report

The Daily Hodl 07 May 2021
Mastercard is reportedly negotiating with China’s central bank to support cross-border use of the digital yuan. According to SCMP, the card payments giant is in talks with the People’s Bank of China (PBOC) and other central banks to enable the conversion of their respective digital currencies into fiat currencies.
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MasterCard In Talks With China’s Central Bank to Support Global “Digital Yuan” Transactions

CoinGape 06 May 2021
After enough internal testing locally, the Chinese central bank – The People’s Bank of China (PBoC) – is all set to take its CBDC Digital Yuan global ...Central bank digital ... The PBoC has been already working with some central banks in the Asia Pacific region.
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Research models predict India's Covid-19 toll may double in the coming weeksForecasts reflect the urgent ...

Deccan Herald 06 May 2021
The Indian rupee has declined about 1% this quarter in Asia’s worst performance as investors turned cautious ahead of an unscheduled speech by India’s central bank governor Wednesday ... India’s central bank, meanwhile, has announced new loan-relief measures for small businesses and ...
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Covid-19 forecasters warn India deaths may double in coming weeks

Hindustan Times 05 May 2021
The Indian rupee has declined about 1% this quarter in Asia’s worst performance as investors turned cautious ahead of an unscheduled speech by India’s central bank governor Wednesday ... India’s central bank, meanwhile, has announced new loan-relief measures for small businesses and ...
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COVID forecasters warn India deaths may double in coming weeks

Stars and Stripes 05 May 2021
The Indian rupee has declined about 1% this quarter in Asia's worst performance as investors turned cautious ahead of an unscheduled speech by India's central bank governor Wednesday ... India's central bank, meanwhile, has announced new loan-relief measures for small businesses and ...
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India's Covid-19 deaths may double in coming weeks, forecasters warn

Straits Times 05 May 2021
A model from the Institute for Health Metrics and Evaluation (IMHE) at the University of Washington forecast 1,018,879 deaths by the end of July ... The Indian rupee has declined about 1 per cent this quarter in Asia's worst performance as investors turned cautious ahead of an unscheduled speech by India's central bank governor on Wednesday ... PHOTO. AFP.
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