Central banks across the Asia-Pacific, including India, are poised to adjust interest rates earlier than expected due to the Federal Reserv...

A Memorandum of Understanding (MOU) on Cooperation in Regional Payment Connectivity was signed on Monday in Bali, Indonesia, on the sidelin...

Gross domestic product (GDP) in July-September rose 14.2% from a year earlier, at a faster pace than the 11.7% growth forecast in a Reuters...

The VOA fee will be MYR 200 ($46), and travellers will be required to show proof that they have at least $500 cash/debit card/credit card/t...

Codenamed “Project Dunbar,” the development also proves that financial institutions could use central bank digital currencies to transact d...

Many governments and central banks around the world are exploring the use of central bank digital currencies, which are digital forms of ex...

The economy contracted 3.4% year-on-year in the October-December period, falling for a third straight quarter and faster than the 3.1% decl...

The government does not consider cryptocurrencies such as bitcoin as legal tender.

Indian state-run banks sold dollars on behalf of the Reserve Bank, according to two Mumbai-based traders, who asked not to be identified.

The conference “provides a forum for Asia-Pacific leaders to discuss a region renowned for its economic successes over the past decades,” L...

Crompton Greaves, an Avantha group company, has bagged USD 26 million contract from Indonesia for supplying power equipment.

The Reserve Bank is also considering serious measures to curb illegal money transfers by imposing a new set of guidelines and stepping up s...

Three public sector banks — Bank of Baroda, Indian Overseas Bank and Andhra Bank — have come together to set up a Malaysian bank — India BI...

However, Subbarao admitted the global situation was uncertain and hence it was difficult to calibrate a roadmap in advance.

The Government and the Reserve Bank of India are in discussion on additional borrowing programmes and the two together will ensure that the...

Malaysia said it will guarantee all bank deposits for the next two years, following similar moves by Hong Kong and Singapore amid fears tha...

Bank Negara Malaysia, has decided to allow commercial and investment banks in the country to set up international currency business units (...