Analysis: Interest Rates

Indonesian lawmakers to approve new central bank board member

Indonesia's parliament is set to give its initial approval for a new member of the central bank's board late on Monday, once it has completed competency tests for President Prabowo Subianto's nephew...

India to stick to fiscal consolidation path in February 1 budget, say all economists: Reuters Poll

The Indian government will stick to its path of fiscal consolidation in its February 1 budget, all economists polled by Reuters said, mainly due to slower revenue growth following recent tax cuts. ...

Danantara Indonesia to deploy up to $14 billion this year, CIO says in Davos

Sovereign wealth fund Danantara Indonesia expects to invest up to $14 billion this year using dividends from businesses it already owns, its chief investment officer told Reuters, while also planning...

China likely to set 4.5%-5% growth target in 2026, SCMP reports

China is likely to set a 2026 official economic growth target of between 4.5% and 5%, the South China Morning Post reported on Friday, reflecting how even a $1.2 trillion trade surplus cannot shield...

Roomba maker's sale to Chinese manufacturer approved by US bankruptcy judge

A U.S. bankruptcy judge on Thursday approved a Chinese manufacturer's bid to acquire Roomba maker iRobot, although the sale still requires clearance from other U.S. regulators. The...

China's rural banks struggle to sell seized properties despite hefty discounts

Chinese rural banks are unable to find buyers for hundreds of foreclosed properties they are auctioning despite offering steep discounts, deepening a real estate crisis and adding to risks for the...

Fitch expects Japan to keep deficits within manageable levels despite tax cut

Fitch Ratings expects Japan's government to continue to keep deficits within manageable levels after a lower house election next month as Tokyo faces pressure from the bond market over tax cuts, its...

Indonesia central bank keeps rates unchanged amid rupiah weakness

Indonesia's central bank held its key policy rates steady on Wednesday, as expected, saying the level was supportive of economic expansion while remaining consistent with its goal to anchor the...

Indian lenders to seek RBI approval for longer bulk deposits, sources say

Indian banks will approach the Reserve Bank of India for approval to raise bulk deposits for up to three years compared to the current one year cap, three sources familiar with the discussions said on...

Why has the Indonesian rupiah hit a record low despite dollar weakness?

Indonesia's rupiah hit an all-time low against the U.S. dollar on Tuesday, even as the dollar index slid, amid renewed worries about central bank independence after the president picked his nephew...

China leaves benchmark lending rates unchanged, as expected

China left benchmark lending rates unchanged for an eighth consecutive month in January on Tuesday, matching market expectations. The one-year loan prime rate was kept at 3.0%, while...

"I want to keep you where you are" - Hassett no longer favorite to head the Fed

Long seen as the favourite to succeed Jerome Powell, Kevin Hassett is paying the price for his closeness to the president.

Bank Indonesia to hold rates again as rupiah currency remains weak

Bank Indonesia will keep its key interest rate unchanged again on Wednesday to limit further weakness in the rupiah while continuing to press commercial banks to pass on the benefits of earlier rate...

Indonesia's Prabowo nominates nephew as central bank deputy governor

Indonesian President Prabowo Subianto has nominated his nephew to join the central bank's board of governors, his spokesperson said, amid growing concern about its independence as the government seeks...

Global bond index snub raises odds of RBI adding to record India debt buying, investors say

The delay in including Indian bonds in a key global index has raised the chances of the central bank extending its record government debt buying, seeking to cushion the market from weaker foreign...

India, EU close in on trade pact as US trade talks drag on

India expects talks on a long-sought trade deal with the European Union to conclude this month, Trade Secretary Rajesh Agrawal said on Thursday, in what would be New Delhi's largest agreement as it...

India awaiting more details from US on Iran tariff threat, Indian trade secretary says

India is awaiting more details from the U.S. on its threat to impose tariffs on countries that do business with Iran, the Indian trade secretary said on Thursday, adding that New Delhi's limited trade...

India's central bank proposes to tweak how banks compute FX risk exposure

India's central bank on Wednesday proposed changes to how banks calculate their net foreign exchange exposure and the capital needed to be set aside against potential FX risk. The...

Indonesian central bank to continue intervening to defend depreciating rupiah

Indonesia's central bank will keep intervening in the foreign exchange markets to ensure moves in the rupiah exchange rate reflect the currency's fundamentals, it said on Wednesday, as the rupiah...