BEIJING, Feb 17- China's central bank and commercial banks bought 108.3 billion yuan worth of renminbi in January, the second consecutive month that purchases have topped 100 billion yuan, in a sign that more capital was leaving the country. The large purchases of yuan are likely to complicate China's monetary policy, as they tighten liquidity at a time the...» Read More
*Sept new loans 857.2 bln yuan vs f'cast 730- 735 bln yuan. But a drop on China's foreign exchange reserves in the third quarter signalled speculative money outflows amid increased worries about the country' economic slowdown. Worries that a sudden fall-off in credit supply could further hobble China's shaky economy were reinforced in July when total social...
BEIJING, Oct 16- Chinese banks made 857.2 billion yuan worth of new loans in September, data showed on Thursday, beating market expectations in a sign that demand for credit is picking up. The central bank also said China's total social financing aggregate, a broad measure of liquidity in the economy, was 1.05 trillion yuan in September, versus 957.4 billion yuan in...
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.
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.
While experts recommend tracking expenses to rein in unbridled spending, it is possible to build a nest egg without accounting for every penny. Start by having your paycheck deposited into a master account, from which all big payments are auto-debited.
Look for a huge corporate spin-off, a major apparel merger, rock bottom bond yields, hedge fund failures and an election defeat for President Obama.
With fiscal instability plaguing the U.S. and Europe, some want a return to the past and a restraint on money supply.
What were some of the worst inflation situations in history and how did they come to be? Click to find out!