Bank - Page 11

Bank of Canada rate hikes and policy moves

OTTAWA – The Bank of Canada hiked its policy rate to 2.5% on Wednesday from 1.5%, a surprise 100-basis-point move and its largest increase since August 1998. Here is a timeline of…
July 13, 2022

Singapore’s policy quirk lures bank funding rush

By Tom Westbrook and Rae Wee SINGAPORE – Global banks are rushing to sell bonds in Singapore, where unique monetary settings have opened a favourable borrowing window that puts the city-state’s debt…
July 11, 2022
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