Money Supply
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BEIJING, May 10- Chinese banks made 792.9 billion yuan of new loans in April, largely in line with market expectations, while money supply jumped as the central bank kept policy accommodative to support the economy.
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May 7- Money supply growth in the United Arab Emirates slowed to 7.1 percent year-on-year in March from 8.9 percent at the end of February, central bank data showed on Tuesday. But bank lending growth in the world's No. 3 oil exporter accelerated to 4.8 percent, the fastest rate since at least 2010, from 4.3 percent.
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BEIJING, May 6- Chinese banks likely made 800 billion yuan in new loans in April, down from March's 1.06 trillion yuan as the government sought to curb lending for some sectors while factories gripped by excess capacity cut back on borrowing.
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May 5- Kuwait's M2 money supply growth slowed to 8.5 percent year-on-year at the end of March from 9.1 percent in February, central bank data showed on Sunday. Growth in bank lending to the private sector picked up marginally, to 3.1 percent from February's 13- month low of 3.0 percent.
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NEW YORK, May 2- U.S. M-2 money supply fell by $49.6 billion in the April 22 week to $10,501.0 billion, the Federal Reserve said. One week ended April 22.
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RABAT, May 2- M2 money supply growth in Morocco slowed to 3.2 percent year-on-year in March from 4.3 percent in February, central bank data showed on Thursday.
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May 2- Croatian economic indicators, updated on May 2 with March money supply:. According to the Employment Bureau's jobless data, refreshed on a daily basis, a total of 360,434 people were unemployed on April 23.
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MUMBAI, May 2- India's M3 money supply. rose an annualised 12.4 percent in the two weeks to April 19, compared with 13.3 percent a year earlier, the Reserve Bank of India said on Thursday. Money supply was 84.67 trillion rupees as of April 19, compared with 83.44 trillion rupees on March 31, the central bank data showed.
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May 2- The People's Bank of China neither injected nor drained funds from the banking system on a net basis this week, using Thursday's open market operations to exactly offset the impact of maturing instruments on the net money supply. The PBOC has drained a net 638 billion yuan from the market so far in 2013..
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*March broad money, M3, up 9.1 pct yr/yr. *March net financing up 11.0 pct yr/yr. KUALA LUMPUR, April 30- Malaysia's money supply and banking indicators in March released by the central bank.
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April 30- Hong Kong's M3 money supply at the end of March grew 9.2 percent from a year earlier and fell 0.7 percent from the previous month, the Hong Kong Monetary Authority said on Tuesday. Percent change on a year earlier. To view the full details of the Monetary Statistics data, see the Hong Kong Monetary Authority website at:.
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April 30- Czech money supply, as measured by the M2 indicator, grew by 4.4 percent year-on-year at the end of March, after a revised 4.1 percent rise the previous month, central bank data showed on Tuesday.
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JOHANNESBURG, April 30- Growth in credit demand by South Africa's private sector slowed to 7.79 percent year-on-year in March from 7.88 percent in February, central bank data showed on Tuesday. Expansion in the broadly defined M3 measure of money supply was at however higher at 8.47 percent year-on-year in March from 7.71 percent the previous month.
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April 28- Bahrain's M2 money supply growth eased to 4.1 percent year-on-year in February from 4.7 percent in the previous month, central bank data showed on Sunday. Bank lending growth to the private sector decelerated to 5.6 percent, the slowest rate since June 2011, from 6.7 percent in January. BAHRAIN C.BANK NET FOREIGN ASSETS.
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FRANKFURT, April 26- Euro zone companies borrowed the same amount of money from banks in March than in the previous month, the European Central Bank said on Friday. The ECB gave the following percentage changes in growth, seasonally adjusted: MAR FEB Prior M3 annual growth rate 2.6 3.1. M3 3- month moving avg 12- mo growth 3.0 3.4.
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New York, April 25- U.S. M-2 money supply rose by $44.4 billion in the April 15 week to $10,536.3 billion, the Federal Reserve said on Thursday. One week ended April 15.
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TAIPEI, April 25- Taiwan's M2 money supply in March rose 3.78 percent from a year earlier, the central bank said on Thursday. M2 is cash, checking accounts, passbook deposits, savings accounts and quasi-money.
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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.
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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
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Charles Plosser, President of the Philadelphia Federal Reserve, says the costs of easing outweigh the benefits for the U.S. economy.