by Our Correspondent in Colombo Serious allegations have emerged in Sri Lanka against Hatton National Bank (HNB), a prominent private sector bank, with multiple customers claiming that the institution has been quietly
The Indian rupee is expected to edge higher at Monday’s open as investors reduce expectations of a Federal Reserve rate hike next month following an unexpectedly weak US jobs report. Continued intervention
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India’s central bank is expected to hold off on raising interest rates until December or later, with economists pointing to subdued core inflation despite recent increases in headline consumer prices. The outlook
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A sweeping campaign to recover unpaid taxes on overseas assets is placing China’s wealthiest individuals under unprecedented scrutiny, with authorities pursuing decades-old liabilities, tightening oversight of offshore wealth and strengthening control over
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A consortium of banks led by Morgan Stanley is preparing to refinance $15bn of debt tied to a Google-backed data centre in Texas leased to Anthropic, underscoring how the unprecedented financing demands
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The United States’ unprecedented decision to join Japan in supporting the yen marks a significant shift in Washington’s approach to foreign exchange markets, according to the Financial Times. Led by US Treasury
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A Financial Times investigation reveals how Google has built one of the largest infrastructure financing programmes ever assembled to support the rapid expansion of artificial intelligence, bringing together technology companies, private credit
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Citadel’s purchase of most of hedge fund Situational Awareness’ public equity portfolio has helped calm investor concerns after a sharp semiconductor market downturn erased around $3 trillion in value. The deal, first
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The Indian rupee is expected to hold above the 96-per-dollar mark when trading opens on Tuesday, with sustained intervention by the Reserve Bank of India (RBI) and a decline in global oil
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A former JPMorgan Chase banker has expanded his lawsuit against the United States’ largest bank, filing an amended complaint that adds new defendants and fresh allegations of racial discrimination, sexual coercion and
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Bank Indonesia Governor Perry Warjiyo resigned on Monday, citing personal reasons that were not publicly disclosed, setting in motion the formal legal process to appoint a new head of Indonesia’s central bank.
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