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Indonesia Cbank Holds Rates, Global Uncertainties reEmerge

JAKARTA, Oct 16 Reuters Indonesia39;s central bank on Wednesday kept interest rates unchanged, as expected, saying the decision was consistent with its objective to keep inflation within its target range through to 2025. Bank Indonesia BI left the benchmark 7day reverse repo rate at 6.00, as expected by the majority of economists polled by Reuters, […]
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Thai Central Bank Unexpectedly Cuts Key Rate by 25 bps

BANGKOK, Oct 16 Reuters Thailand39;s central bank unexpectedly cut its key interest rate at a policy review on Wednesday, a move long called for by the government as needed to revive a sluggish economy with inflation below target. The central bank39;s move follows five consecutive meetings where it held rates steady and months of pressure […]
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Citigroup Profit Beats Estimates on Investment Banking Surge

Shares reverse course from premarket, last down 1.5 CEO Fraser says bank made progress in 39;pivotal year39; Investment banking business shines Bank is reviewing its card agreements to focus on returns Oct 15 Reuters Citigroup posted a smallerthanexpected drop in profit for the third quarter thanks to gains in investment banking, particularly in debt underwriting. The […]
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Apple Launches new iPad mini with AI Features

Oct 15 Reuters Apple on Tuesday launched its new generation of the iPad mini packed with AI features including writing tools and an improved Siri assistant, as the iPhone maker races to boost its devices with artificialintelligence capabilities. The new iPad mini is powered by Apple39;s A17 Pro chip, which is used in the iPhone 15 […]
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