SYDNEY Asian shares edged ahead on Thursday as speculation the Federal Reserve might not tighten U.S. policy as aggressively as first thought slugged the dollar and boosted bonds globally.
WASHINGTON Many Federal Reserve policymakers expect that interest rates will have to be raised in the "near term," according to the minutes of the U.S. central bank's last policy meeting released on Wednesday.
NAYPYITAW Myanmar's central bank has backed off from a demand that the country's private banks clear most of their loan books by January, averting a cliff-edge scenario that some bankers warned could have destabilised the financial system.
FRANKFURT The European Central Bank will reaffirm its policy stance at its December meeting, and rate-setters hope to put off debate on new moves until well into next year, five sources with direct knowledge of the discussion told Reuters.
PARIS Tougher financial regulation should not have the adverse effect of hindering cross-border banking deals in Europe, said Bank of France governor and European Central Bank governing council member Francois Villeroy de Galhau.
TOKYO The Bank of Japan is dropping subtle, yet intentional, hints that it could edge away from crisis-mode stimulus earlier than expected, through a future hike in its yield target, according to people familiar with the central bank's thinking.
KUALA LUMPUR Malaysia has begun work on a regulatory structure for digital currencies such as bitcoin, its central bank governor said on Wednesday, aimed at further securing Malaysia against money-laundering and terrorism financing.
NEW YORK Federal Reserve Chair Janet Yellen stuck by her prediction that U.S. inflation will soon rebound but offered on Tuesday an unusually strong caveat: she is "very uncertain" about this and is open to the possibility that prices could remain low for years to come.
AMSTERDAM Trust management firms in the Netherlands must tighten their procedures against money laundering and tax evasion or face higher penalties for wrongdoing, the Dutch central bank said on Tuesday.
LONDON The Bank of England and Britain's markets watchdog should step in to appoint a new chairman at the London Stock Exchange , Christopher Hohn, founder of activist hedge fund TCI said on Tuesday.