March 2024 is making investors nervous. A major scheme to prop up the US banking system is ending, while a second may be winding down. Some economic commentators fear another banking crisis. So how worried…
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The Reserve Bank of Australia The Reserve Bank of Australia has named Susan Woods as the central bank’s first chief operating officer (COO). Woods, current assistant governor of corporate services at the central bank, will…
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FSB Chair Klaas Knot delivered the keynote speech at the second annual ASEAN+3 Economic Cooperation and Financial Stability Forum (AMRO Forum) “Safeguarding Growth and Stability in a Complex World: Challenges and Solutions”, held in…
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Australian consumers don’t understand how companies – including data brokers – track, target and profile them. This is revealed in new research on consumer understanding of privacy terms, released by the non-profit Consumer Policy Research…
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© Reuters. FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew/File Photo HOUSTON (Reuters) -Oil prices…
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British people are known around the world for their love of tea. This is borne out by the statistics: a staggering 50 billion cups of tea are consumed on average in the UK every year.…
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Press enquiries: +41 61 280 8477 [email protected] Ref: 4/2024 FSB Chair warns of challenging outlook to global financial stability including debt servicing burdens, stretched asset valuations in some key markets, and leverage…
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In 2009, an Air France jet crashed into the ocean, leaving no survivors. The plane’s autopilot system shut down and the pilots, having become reliant on their computerised assistant, were unable to correct the situation…
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By Emma Farge and Rachna Uppal ABU DHABI (Reuters) -Trade ministers from nearly every country in the world gathered in Abu Dhabi on Monday for a World Trade Organization meeting that aims to set new…
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Members of the South East Asian Central Banks (Seacen) alliance are developing central bank digital currencies (CBDCs) in tandem, with almost immediate updates. In a speech on February 15, deputy governor of the Reserve Bank of…
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