DBS cuts executive pay on banking outages; posts record earnings in 2023
DBS Group Holdings suffered an outage in its digital services on March 29, 2023. Bloomberg | Getty Images SINGAPORE — DBS Group reported record earnings for the full year in…
Turkey’s new central bank governor seen as a ‘credible choice’
Newly appointed Governor of Turkish Central Bank, Fatih Karahan is seen in Ankara, Turkey on February 04, 2024. Emin Sansar | Anadolu | Getty Images Turkey’s newly appointed central bank…
Singapore’s central bank leaves policy unchanged in first quarterly meeting of 2024
The Merlion statue in Singapore, on Tuesday, Jan. 3, 2023. Photographer: Lionel Ng/Bloomberg via Getty Images Lionel Ng | Bloomberg | Getty Images Singapore’s central bank left its policy unchanged…
Turkey hikes interest rate again to 45% after inflation nears 65%
Residents waiting at a bus stop under a large Turkish flag in Istanbul, Turkey, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Images Turkey’s central bank on Thursday…
GQG scored a big win with its Adani bet, but could now press pause
Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (L) highlighting the ongoing crisis of the Adani group in Mumbai on February 3,…
Turkish lira hits fresh record low against the U.S. dollar
Vanishing Turkish Currency: 1 Turkish Lira with the Portrait of Kemal AtatürkTurkish Manuel Augusto Moreno | Moment | Getty Images The Turkish lira hit a fresh record low against the…
FTX resolves dispute with Bahamian liquidators
This illustration photo shows a smart phone screen displaying the logo of FTX, the crypto exchange platform, with a screen showing the FTX website in the background in Arlington, Virginia…
Crypto PACs go into 2024 with $78 million
Three allied political action committees funded by leaders of the cryptocurrency industry will be starting 2024 with a combined $78 million as they aim to be key influencers during the…
Bank of England set to hold interest rates as economists debate 2024 cuts
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank…
India overtakes Hong Kong to become world’s seventh largest stock market
Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images India’s stock market value has…