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...» Read More
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.
BEIJING, Sept 12- Chinese banks made 702.5 billion yuan worth of new loans in August, quickening from the previous month and matching expectations, central bank data showed on Friday. Economists polled by Reuters had expected new loans totaling 700 billion yuan in August, up from 385.2 billion yuan in July but trailing June's 1.08 trillion yuan.
BEIJING, Sept 5- China's new budget law which allows regional governments to raise debt by themselves would improve the transmission mechanism of the country's monetary policy, a senior economist at the central bank said on Friday.
HONG KONG, Aug 13- China and Hong Kong shares reversed gains and slipped into the red on Wednesday, after central bank data showed Chinese banks lent far less money than expected in July while money supply growth eased.
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.
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.
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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.
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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.
CNBC's Rick Santelli explains why Bitcoin is really a story about the lack of confidence in central banks.