BEIJING, March 12- China's central bank governor on Thursday signalled that Beijing is comfortable with the current macroeconomic environment and plans to stick with its "prudent" monetary policy. Both are seen as key reforms needed for the wider restructuring of China's economy and a move away from miscalculated and mispriced investment.» Read More
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.
*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...
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.