News
Nigerian authorities accuse ex-governor of $6m theft
Emefiele has denied all charges but prosecutors say cheque to president was forged
US sanctions firms for smuggling tech to Iran’s central bank
Central bank subsidiary that developed Iran’s digital currency platform among those targeted
Philippine central bank holds rates
BSP warns against upside risks, despite receding inflation
Belgian governor calls for rethink of EU climate policy
Transition to lower-carbon economy will create losers as well as winners, Wunsch says
Philippine central bank may issue wholesale CBDC in two years
However, governor rules out using blockchain-based technology for digital peso
EU isolates frozen Russian central bank interest
European leaders are divided over using Bank of Russia assets to fund Ukraine’s defence
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Eurozone rate cut is ‘fast approaching’, says Panetta
Bank of Italy governor warns that delaying looser policy could lead to financial instability
Mexican central bank holds rates again
Board says inflation should fall to 3% target in medium term despite recent rises
Riksbank HR system restored 17 days after ransomware attack
Other incidents using Akira software reported across the world since 2023
BoE’s focus has shifted from tightening, says deputy governor
Inflation “moving in right direction” but trends still need to be monitored, Breeden says
Consumer prices in China fall at fastest pace since 2009
Central bank says it expects modest rebound
Europe’s new AI Act threatens supervisory ‘chaos’ for banks
Policy-maker says new role for European Commission could collide with ECB model risk regulation
Auditors discover problematic FX claims at Nigerian central bank
Announcement of $2 billion in suspect claims comes after 60% devaluation of naira
Hong Kong issues world’s first multi-currency digital bond
Digital green bonds available in US dollars, Hong Kong dollars, euros and yuan
US loan delinquency rates ‘rising across the board’ – NY Fed
Rising household debt burden ‘merits monitoring’ in months ahead
FX losses mount after Argentina’s devaluation
Citi, Adidas among those taking hits totalling over $3.3bn in Q4 as dealers cite lack of hedging tools
Hurdles to hiring migrants ‘jeopardise US tech start-ups’
Frictions caused by visa programme ‘protect unproductive firms’, says Atlanta Fed paper
Chinese government replaces head of securities regulator
Move follows pledge by authorities to stabilise markets in wake of share selloffs
Bank of Thailand holds policy rate despite government pressure
Decision comes after prime minister called for cut
Iraqi central bank blocks dollar access to eight lenders
US official praises “progress” but says some Iraqi lenders are still breaking sanctions on Iran
Fed does not need to evaluate ‘last mile’ of inflation differently
Atlanta Fed economist says overly aggressive approach could trigger hard landing in US economy
Head of Romania’s central bank ‘deepfaked’ by scammers
NBR says fraudsters’ use of AI-generated video points to increasing risks from manipulated imagery
Reserve Bank of Australia holds policy rate
Central bank has not ruled out further hikes while inflation eases