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...Hakluyt, the corporate consultancy founded by ex-MI6 intelligence officers, is appointing former UK Conservative party leader Lord William Hague as chair of its international advisory board....
...The World Bank has become a focal point for negotiations to find up to $9tn a year by 2030 to pay for action on climate change....
...Events: Bank of Japan member Asahi Noguchi is due to speak in Tokyo. Chinese foreign minister Wang Yi kicks off an official visit to Indonesia, Cambodia and Papua New Guinea....
...Events: China is expected to hold its one-year medium-term lending facility, the rate at which lenders borrow from the central bank, at 2.5 per cent. OpenAI opens its first Asia office in Tokyo....
...Economic data: Japan releases inflation data for March and the Reserve Bank of India publishes its monetary policy meeting minutes....
...On Wednesday, Bank of Korea governor Rhee Chang-yong said the central bank would intervene to control currency volatility if needed....
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...On Monday, the People’s Bank of China held its key medium-term lending rate at 2.5 per cent....
...William A. Allen worked for the Bank of England from 1972 to 2004, and is now a visitor at the National Institute for Economic and Social Research....
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...Economic indicators: The Bank of Thailand and the Reserve Bank of New Zealand announce interest rate decisions. Japan publishes its producer price index data for March....
...Corporate results: India’s Tata Consultancy Services and China’s Bank of Beijing release results....
...Corporate results: China Merchants Bank, PetroChina and China Resources Land report 2023 earnings....
...Corporate results: Two of China’s largest state-owned banks, the Bank of China and the Agricultural Bank of China, announce results for 2023....
...China Construction Bank did not immediately respond to a request for comment. Additional reporting by Cheng Leng in Hong Kong...
...Events: India’s central bank announces its decision on interest rates....
...Japanese equities fell ahead of a decision from the country’s central bank on whether to raise rates for the first time since 2007, but losses were larger for other major Asian bourses in early trading....
...“The Bank Council and the Governing Board greatly regret Thomas Jordan’s decision,” the central bank said in a statement....
...At the time, Credit Suisse said a change to the contract would lead to a $600mn loss for the bank. But on Wednesday, UBS confirmed it would be a $900mn loss....
...Events: Taiwan’s central bank announces its decision on interest rates. Hyundai Motors holds its annual shareholder meeting....
...China’s onshore renminbi was largely flat, edging down 0.01 per cent to Rmb7.23 ahead of the daily rate fixing announcement from the People’s Bank of China....
...Pakistan holds a Senate election and Asean finance ministers and central bank governors meet in Luang Prabang, Laos....
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