Fed seeks comment on rules for supervised payment-stablecoin issuers
Proposals cover reserve backing, capital, risk management, custody and the application process under the GENIUS Act.
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Proposals cover reserve backing, capital, risk management, custody and the application process under the GENIUS Act.
The chair’s statement asks the OECD to study how tax systems affect business dynamism and the IMF to deepen scenario analysis.
The authority set the Base Rate 25 basis points higher with immediate effect, following the US Federal Reserve’s adjustment and under Hong Kong’s preset formula.
The next VAT gap estimate is expected in the 2027 Measuring Tax Gaps publication.
The August accounts show receipts at 37.5% of the annual budget estimate and expenditure at 38.9%.
Bank Indonesia’s mid-2026 financial stability review reported strong banking capital and low non-performing loans, while projecting 8–12% credit growth for 2026.
The central bank increased its Macroprudential Liquidity Incentive from 5.5% to 6.0% from September, steering bank liquidity toward priority-sector lending.
The core index excluding fresh food increased 1.7% year over year under the new 2025 base.
The number of employed people increased by 140,000 year over year to 68.49 million.
The new placements bring the Equity Market Development Programme’s allocation to S$5.4 billion; MAS also committed S$20 million to a market-making grant.
A consultation would tighten board-independence and approval rules for higher-impact institutions while removing some approvals for lower-impact firms.
The pre-election update projects the OBEGALx deficit narrowing in 2026/27 and net core Crown debt peaking at 43.9% of GDP.
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