BEIJING, Sept 12- Chinese banks made 702.5 billion yuan of new loans in August, data showed on Friday, picking up from an abrupt drop in the previous month as the government keeps up modest policy support for the economy.» Read More
BEIJING, Aug 13- China's banks lent far less money than expected in July while money supply growth eased, suggesting the central bank remains cautious about the risks of rapid credit growth even as the government tries to stimulate the economy.
FRANKFURT/ PARIS, July 9- The European Central Bank is hoping a new round of long-term loans will be used by banks to drive down borrowing costs- a substitute for an asset-purchase scheme of its own which would avert a potentially damaging internal split. "It's also the liquidity injection, the funding substitution," he told Reuters in Paris on Wednesday.
HONG KONG, June 13- Shares in China and Hong Kong rose on Friday, led by strong gains in the banking sector after data showed China's new bank lending and money supply rose faster than expected in May, adding to hopes that the economy was stabilising.
*May new loans 870.8 bln yuan, vs f'cast 750 billion yuan. BEIJING, June 12- China's new bank lending and money supply rose faster than expected in May, as the government ramps up policy stimulus measures to energise a slowing economy.
*May new loans 870.8 bln yuan, vs f'cast 750 billion yuan. BEIJING, June 12- China's new bank lending and money supply rose faster than expected in May, as the government ramps up policy stimulus measures to energise the slowing economy.
*Gold hits 4- month low as dollar recovers. TOKYO, May 29- Asian shares inched up to a one-year high on Thursday while global bond prices surged, pushing their yields to multi-month lows, supported by expectations of easier monetary policy from the European Central Bank.
TOKYO, May 29- Asian shares consolidated their recent gains on Thursday while global bond prices surged, pushing their yields to multi-month lows, both supported by expectations of easy monetary policy.
BEIJING, May 12- China's new bank lending and total social financing weakened in April, but money supply growth picked up slightly, indicating the central bank is treading cautiously in steering policy to support the slowing economy.
*Second reserve requirement hike to mop up $1.4 bln from market. *BSP raises 2014, 2015 inflation forecasts. MANILA, May 8- The Philippine central bank kept its benchmark rate steady on Thursday but raised banks' reserve requirements for the second straight meeting, as expected, amid concerns that persistently high liquidity could stoke inflation.
BEIJING, April 15- China's money supply grew at the weakest pace in more than a decade in March, another sign of softening economic momentum, with analysts saying a fall in the yuan looked to have slowed capital inflows and the build-up of foreign exchange reserves.
The Bureau of Engraving and Printing made a costly error while printing hundred-dollar bills that resulted in billions of butchered Benjamins. Taxpayer money is financing the fix.
It was a unanimous vote to keep aggressive monetary easing strategies unchanged at the Bank of Japan today, unlike its US counterpart which is seeking to unwind its massive monetary easing. The Nikkei's Yukako Ono reports.
Chad Wasilenkoff, CEO of Fortress Paper talks about the business of printing money and threats from counterfeiters, electronic payments and the rise of digital currencies.
Many compare bitcoins to commodities like gold, reports CNBC's Mary Thompson -- there is only a finite amount of the digital currency. Frances Newton, Frances Insight CEO, and Nicholas Colas, ConvergEx, discuss whether bitcoins are sustainable.
The value of bitcoins have dropped 77 percent since Wednesday, reports CNBC's Mary Thompson. Derek Thompson, The Atlantic senior editor, explains why he sees bitcoin as more of a dotcom stock than a currency
Charles Plosser, President of the Philadelphia Federal Reserve, says the costs of easing outweigh the benefits for the U.S. economy.
CNBC's Rick Santelli explains why Bitcoin is really a story about the lack of confidence in central banks.
Robert Prior-Wandesforde, Director of Asia Economics at Credit Suisse, warns that ASEAN economies are heating up while central banks are focusing on inflation and not doing what they should be - raising rates.
Bank of Japan Governor Haruhiko Kuroda said the central bank will seek to push down yields across the curve by purchasing longer-dated government bonds, underscoring its resolve to aggressively beat deflation.
Tony Nash, Managing Director at IHS, says Japan has been getting a lot of pressure from other developed countries from its recent monetary easing.