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Bank of Japan ends negative rates, closing radical policy era

BOJ ditched a policy put in place since 2016 that applied a 0.1 percent charge on some excess reserves financial institutions parked with the central bank.

March 19, 2024

China regulator mulls lifetime ban on Evergrande founder

Former Evergrande chairman Xu Jiayin will also be fined 47 million yuan for involvement in serious financial fraud, said the top securities watchdog.

March 19, 2024

Global inflation not yet defeated, BIS warns

The world's top economies are on track for a "soft landing" but inflation has not yet been fully defeated, the head of a central bank umbrella group warned.

March 19, 2024

Cryptoverse: AI tokens outpace record-breaking bitcoin

Coins linked to AI crypto projects have jumped alongside tech stocks like Nvidia, driven by investor appetite for applications like machine-learning.

March 19, 2024
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