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Regulations 1 year ago
Trump advisers seek to shrink or eliminate bank regulators, WSJ reports
US President-elect Donald Trump's transition team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators in Washington, the Wall Street Journal reported on Thursday citing people familiar with the matter.
Regulations 1 year ago
PREMIUM
Prabowo to cancel debts of millions of farmers, fishermen: Adviser
A top adviser to President Prabowo Subianto says the government will issue a presidential regulation to cancel the debts of some 6 million borrowers to allow them to obtain loans from banks instead of loan sharks or peer-to-peer lending platforms.
Markets 2 years ago
China stocks rise after state fund boosts stakes in 'Big Four' banks
Asian shares also rose, as markets wagered that US rates have peaked after more dovish remarks from Federal Reserve officials, while traders awaited the US consumer inflation report later in the day for further monetary policy clues.
