 | | | | Singapore is planning to roll out new regulations that will make it more difficult for retail investors to trade cryptocurrencies at a time when they seem to be "irrationally oblivious" about the risks, its central bank chief said. | | | | | | Central banks need to urgently tackle inflation and recognise that the supply shocks that are pushing prices higher could linger, keeping persistent upward pressure on prices, Bank for International Settlements General Manager Agustín Carstens said. | | | | | | Some European Central Bank policymakers want to discuss a 75 basis point interest rate hike at the September policy meeting, even if recession risks loom, as the inflation outlook is deteriorating, five sources with direct knowledge of the process told Reuters. | | | | | | Russia's central bank said on Friday that the oil prices and output levels the finance ministry had proposed as parameters in a new budget rule aimed at using energy revenues to boost state reserves were too optimistic. | | | | | | Britain's two banking regulators said on Friday they would take no enforcement action against certain former senior managers at HBOS, a bank that collapsed in 2008 during the global financial crisis. | | | | | | China's Bank of Communications (BoCom) , on Friday warned of liquidity risks in the property sector after it posted an almost 5% rise in first half net profit. | | | | | | Hungary's central bank is expected to raise its base interest rate by 100 basis points to 11.75% next Tuesday, with more hikes to come this year as inflation keeps rising due to surging energy prices and a weak forint. | | | | | | Greek private sector bank deposits rose slightly in July for a fourth month in a row, central bank data showed on Friday. | | | | | | China's banking and insurance regulator has agreed in principal to allow two rural banks in Liaoning Province to enter bankruptcy proceedings, according to an official statement released on Friday. | | | | | | The Indian rupee is likely to struggle against the dollar as slowing global growth and the Federal Reserve's interest rate stance overshadows Reserve Bank of India's intervention, Societe General suggested in a note on Friday. | | | | | |
