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.» Read More
*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.
NEW YORK, March 28- The euro in recent days has come tantalizingly close to hitting $1.40, an attention-getting level that may push Europe's central bankers to loosen monetary policy, according to foreign exchange strategists and traders.
LONDON, March 27- Spanish, Italian and Portuguese bond yields hit multi-year lows on Thursday, with speculation about further European Central Bank monetary policy easing prompting investors to seek the bigger returns offered by lower-rated assets.
New bank loans totalled 644.5 billion yuan in February, the People's Bank of China said, down from 1.3 trillion yuan in January and below market forecasts of 716 billion yuan. "They stabilised monetary policy and this is having an effect on demand for loans," said Tim Condon, head of Asia research for ING Financial Markets in Singapore.
*China's yuan, money markets down after disappointing export data. SHANGHAI, March 10- Chinese short-term rates and the yuan fell on Monday following surprisingly weak exports data at the weekend, fuelling expectations Beijing is quietly easing monetary policy to buttress wobbly economic growth.
FRANKFURT, Feb 27- Lending to households and firms in the euro zone fell again in January and money supply growth remained subdued, adding to pressure on the European Central Bank to take action next week to support the economy.
Feb 25- Never a hot-bed of monetary policy activism, the European Central Bank may soon find itself forced into an uncomfortable period of experimentation. Only three small countries, Estonia, Slovakia and Latvia, saw consumer prices rise in the month, with the rest flat or in outright deflation.
*China's central bank drains $7.9 bln from the market. *Alcoa to shut Port Henry aluminium smelter in Australia. LONDON, Feb 18- Copper rose on Tuesday as support from a strong euro helped cushion concerns about short-term demand in China after its central bank moved to tighten the money supply.
*China's central bank drains $7.9 bln from the market. *Alcoa to shut Port Henry aluminium smelter in Australia. LONDON, Feb 18- Copper was steady on Tuesday as support from a weak dollar offset concerns about short-term demand in China after its central bank moved to tighten the money supply.
HONG KONG, Feb 11- China shares closed at a new six-week high on Tuesday, underpinned by optimism that Beijing will likely unveil more policy that could favour earnings growth in some sectors and as liquidity concerns eased after the Lunar New Year holiday.
*Slower money supply growth may herald euro stocks fall. *Indicator peaked in April 2013. LONDON, Jan 30- Euro zone equity investors should pay heed to a steep slowdown in money supply growth- history suggests the indicator leads stock markets by around 12 months.
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