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Money Supply

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  • BEIJING, Feb 13- China's economy extended 1.47 trillion yuan in new loans in January, beating analysts' expectations in a lending surge not seen since mid-2009. Outstanding loan growth stood at 13.9 percent, the People's Bank of China said. However, analysts cautioned about reading too much into economic indicators for January alone, given the strong seasonal...

  • SHANGHAI, Feb 6- Chinese bankers welcomed Beijing's decision to cut the level of reserves they must hold, hoping they can put the freed-up cash to profitable use, but struggling Chinese companies hoping it will mean more and cheaper loans are likely to be disappointed. After a slew of gloomy economic data, the People's Bank of China cut banks' reserve requirement...

  • MELBOURNE, Jan 29- London Metal Exchange metals contracts soured on Thursday after the Federal Reserve signaled it would stick to plans for a rate hike this year, drawing back liquidity that has underpinned metals. *Three-month copper on the London Metal Exchange slid 1.1 percent to $5,425.50 a tonne by 0108 GMT, quashing an advance from the previous session and...

  • China stocks extend slide, Hong Kong edges up Tuesday, 27 Jan 2015 | 11:46 PM ET

    SHANGHAI, Jan 28- China stocks fell on Wednesday on concerns about tighter liquidity and a fresh slide in oil prices, but Hong Kong managed to eke out gains as telecommunications counters climbed. In Hong Kong, the Hang Seng index rose 0.3 percent to 24,889.02 points, buoyed by telecommunications, with industry heavyweight China Mobile rising 1.8 percent.

  • SHANGHAI, Jan 22- The People's Bank of China is desperate to stimulate a slowing economy, but flagging enthusiasm for Chinese assets is blunting its traditional monetary policy tools and forcing the central bank to adopt different tactics. Tinkering with short-term liquidity has proved ineffective, however, in offsetting the deeper capital outflows that...

  • LONDON, Jan 21- The Swiss currency shock has raised an awkward question many investors have been fearful of asking- what if central banks become as unpredictable and fallible as they are powerful? The Swiss National Bank's sudden decision to abandon its three-year-old cap on the franc- the "cornerstone" of its monetary policy just three days before- led to the...

  • *Dec new loans 697.3 bln yuan vs f'cast 852.7 bln yuan in Nov. China is likely to report next week that its economic growth last year was the slowest in 24 years, and analysts predict a further loss of momentum in 2015 even if the government rolls out more stimulus measures, as widely expected. "Given the fact that the central bank cut interest rates in November, I think...

  • BEIJING, Jan 15- Chinese banks extended 697.3 billion yuan in new loans in December, well below market expectations despite instructions from the central bank to lend more in the last months of 2014 to support the slowing economy. The central bank also said on Thursday that China's Broad M2 money supply measure grew 12.2 percent in December, below expectations...

  • BEIJING, Dec 26- The People's Bank of China is weighing changing rules governing how loan-to-deposit ratios are calculated at banks, a move that would boost liquidity conditions, sources with direct knowledge told Reuters. The banking-sector sources said the PBOC, during a meeting with domestic financial institutions, revealed it is planning to include...

  • Total social financing, a broader measure of overall liquidity in the economy, jumped 74 percent from October to 1.15 trillion yuan, the People's Bank of China said on Friday. Analysts had expected banks to make 650 billion yuan of loans last month, up from 548.3 billion yuan in October, but sources told Reuters this week that Beijing had ordered lenders to extend...

  • BEIJING, Dec 12- Chinese banks made 852.7 billion yuan worth of new loans in November, data showed on Friday, well above market expectations but still unlikely to dispel worries about the country's sputtering economic growth. The central bank said in the same online statement that China's broad M2 money supply rose 12.3 percent in November from a year ago,...

  • SHANGHAI, Dec 11- China's central bank will risk creating asset bubbles if it cuts reserve requirement ratios to boost banks' lending power, but analysts reckon it has little choice with the economy growing at its slowest in decades. Chinese banks want the People's Bank of China to cut the RRR, which will release trillions of yuan into the economy, as their deposit...

  • *Inflation data due Dec 10 at 0130 GMT. *Money supply data Dec 10-15, activity indicators Dec 12. BEIJING, Dec 5- A deluge of China data over the coming week is likely to show a persistent cooldown in the world's second-largest economy, adding pressure on authorities to ramp up stimulus measures after unexpectedly cutting interest rates last month.

  • *Loans to private sector contract 1.1 pct m/m in Oct. FRANKFURT, Nov 27- Lending to euro zone households and firms contracted further in October, keeping up pressure on the European Central Bank to deliver further stimulus measures to buoy the lacklustre 18- country economy. "The latest money supply and bank lending data are of little comfort to the ECB and hardly...

  • LONDON, Nov 24- If the world's biggest central banks were actually coordinating a global monetary policy, they could scarcely do a better job of convincing financial markets right now. Three weeks on, European Central Bank chief Mario Draghi insists his bank will move "as fast as possible" to raise euro zone inflation using all means available- something...

  • BEIJING, Nov 14- China's bank lending tumbled in October and money supply growth cooled, raising fears of a sharper slowdown in the economy and prompting some economists to urge the government to ratchet up stimulus measures, including cutting interest rates. Chinese banks made a much less-than-expected 548.3 billion yuan worth of new loans in October, down 36...

  • *Oct new loans 548.3 bln yuan vs f'cast 650 bln yuan. BEIJING, Nov 14- The amount of new loans issued by Chinese banks fell by more than a third in October, adding to signs of faltering demand in the world's second-largest economy which could prompt Beijing to unveil fresh stimulus measures. Chinese banks made 548.3 billion yuan worth of new loans in October, data...

  • BEIJING, Nov 14- Chinese banks made 548.3 billion yuan worth of new loans in October, data showed on Friday, missing market expectations and pointing to deepening economic weakness in the fourth quarter. Economists polled by Reuters had expected new loans totalling 650 billion yuan last month, down by nearly a quarter from 857.2 billion yuan in September.

  • BEIJING, Oct 17- China's central bank is set to inject about 200 billion yuan worth of three-month loans into five or six listed banks to keep liquidity ample and support the slowing Chinese economy, four sources with knowledge of the matter said on Friday. The injection follows signs that Chinese investors are beginning to bet that the PBOC is going to reduce the...

  • *Sept new loans 857.2 bln yuan vs f'cast 730- 735 bln yuan. *Sept TSF 1.05 trln yuan vs 957.4 bln yuan in Aug. BEIJING, Oct 16- China's banks increased lending in September, supporting Beijing's efforts to guide capital into the struggling economy, but foreign investment remained weak and forex reserve data showed signs of potential capital flight.