But for now, there are still a number of banks offering CD rates on different term lengths above 4%, but week over week we are seeing a gradual decline. Savers who want to maximiz ...

Gupta’s comments come as Southeast Asia’s largest bank by assets posted a solid showing in its full year results, with net profit reaching a record high.

Among private sector banks, lenders such as ICICI Bank, Axis Bank and Kotak Mahindra Bank have reported an 18 bps, 8 bps and 29 bps dip in margins, respectively, over the past one year.

A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...

By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.

The regional manufacturing sector contracted last year, but manufacturers are optimistic about 2025, according to a new ...

The euro was 0.1% lower at $1.0317 in early trading, close to the more than two-year low of $1.0125 it touched last week as ...

SYDNEY: Asian shares dithered and the dollar edged higher on Monday after U.S. President Donald Trump warned more tariffs ...

The Indian rupee is set to open weaker on Monday, tracking losses in Asian currencies after US President Donald Trump said he ...

Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He ...

Two decades ago, Raymond Lombra, a now-retired economist at Penn State University, warned of a "rounding tax" that could amount to at least $600 million a year if merchants were to routinely add a ...

Japan’s shrinking surplus pressures the yen, boosting USD/JPY. Traders eye US inflation expectations, which may impact Fed ...