Hong Kong’s central bank announced a key interest rate stabilization at 5.5%, in line with the U.S. central bank’s decision to stabilize interest.
Meanwhile, Hong Kong’s interbank loan prices have risen significantly, with one-month loan interest at 4.75%, its highest level in more than a month.
This rise is due to liquidity pressure in Hong Kong’s money market, and the difference between Hong Kong and U.S. interest rates.
Indonesia's government is taking decisive steps to address both economic and industrial challenges as it prepares for the fiscal year 2025. Trade Minister Zulkifli Hasan announced a comprehensive...
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The Philippines' inflation rate paused its four-month upward trend in June, reinforcing expectations that the central bank might ease its monetary policy as early as August. According to...
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Singapore is taking decisive steps to enhance its ability to combat money laundering. The Ministry of Home Affairs has introduced the Anti-Money Laundering and Other Matters Bill to...
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South Korea's consumer inflation slowed more than anticipated in June, reaching an 11-month low as supply-side pressures diminished. The consumer price index (CPI) increased by 2.4% year-on-year, down...
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Pakistan’s Finance Minister Muhammad Aurangzeb expressed strong confidence on Sunday that the country will secure a new funding program from the International Monetary Fund (IMF). This optimism follows...
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