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  • KIEV, Feb 5- Ukraine's central bank said on Thursday it was strengthening its monetary policy to target inflation and control "the market situation".

  • UKRAINE CENTRAL BANK SAYS CHANGES IN MONETARY POLICY TO IMPROVE EFFECTIVENESS OF KEY RATE.

  • "The cut was largely priced in to the stock market, but it has reconfirmed an important message to investors that China's monetary cycle has firmly shifted to the loosening camp," Jing Ning, Portfolio Manager at Fidelity Worldwide Investment, wrote in a note to clients. Weighed down by a cooling property market, industrial overcapacity and slowing investment,...

  • Feb 5- Hong Kong shares finished up following a volatile session on Thursday, a day after the mainland's central bank rolled out stimulus measures. Analysts said that, while the Hong Kong market ended firmer, profit taking was a feature of Thursday's trade as investors sought to reduce exposure due to concerns over China's economic slowdown.

  • Europe shares fall after ECB decision on Greek debt Thursday, 5 Feb 2015 | 3:08 AM ET

    PARIS, Feb 5- European stocks fell early on Thursday after the European Central Bank abruptly canceled its acceptance of Greek bonds in return for funding, shifting the burden onto the country's central bank. The ECB move, which required the support of a majority of central bank chiefs across the euro zone, shows widespread dismay with the new Greek government's...

  • KIEV, Feb 5- Ukraine's central bank will raise its key interest rate to 19.5 percent as of Feb. 6 from the current level of 14 percent set in November to combat inflation, the central bank said on Thursday.

  • "The cut was largely priced in to the stock market, but it has reconfirmed an important message to investors that China's monetary cycle has firmly shifted to the loosening camp," Jing Ning, Portfolio Manager at Fidelity Worldwide Investment, wrote in a note to clients. Weighed down by a cooling property market, industrial overcapacity and slowing investment,...

  • SHANGHAI, Feb 5- China stocks shot up more than 2 percent on Thursday after the central bank eased policy in an attempt to combat an economic slowdown and ward off deflation, but profit taking pared gains by midday. The move by the People's Bank of China to cut reserve ratio requirements for banks had been widely expected before the long Lunar New Year holidays in...

  • HONG KONG, Feb 5- China's yuan weakened on Thursday after the central bank cut banks' reserve requirement ratio for the first time in over two years to combat an economic slowdown and looming deflation. The latest data showed a $91 billion deficit under the capital account in the fourth quarter. On Thursday, the People's Bank of China set the midpoint rate at 6.1366...

  • SHANGHAI, Feb 5- China stocks gained on Thursday after the central bank cut banks' reserve requirement ratio for the first time in over two years to tackle an economic slowdown and looming deflation. "People have been expecting an RRR cut, it's just they weren't sure exactly when it would happen," said Zhang Qi, a Shanghai- based analyst at Haitong Securities.

  • China shares up, but off highs, after after PBOC easing Wednesday, 4 Feb 2015 | 9:22 PM ET

    SHANGHAI, Feb 5- China stocks gained on Thursday morning after the central bank cut banks' reserve requirement ratio for the first time in over two years to tackle an economic slowdown and looming deflation. "People have been expecting an RRR cut, it's just they weren't sure exactly when it would happen," said Zhang Qi, a Shanghai- based analyst at Haitong Securities.

  • SHANGHAI, Feb 5- China stocks jumped over 2 percent at open on Thursday after the central bank cut banks' reserve requirement ratio for the first time in over two years to combat an economic slowdown and looming deflation. Chinese stock markets have soared around 40 percent since November when the People's Bank of China cut interest rates. In Hong Kong, the Hang...

  • *Euro suffers setback on worries about Greece. SYDNEY, Feb 5- The euro took a spill early on Thursday after the European Central Bank said it will no longer accept Greek bonds as collateral for its liquidity operations, dealing a blow to Athens which is seeking debt relief from euro zone lenders. The decision came after Greece's new finance minister Yanis...

  • Mortgages: the next threat for Japanese banks? Wednesday, 4 Feb 2015 | 5:46 PM ET

    Japanese banks are being helped by stimulus efforts, but analysts warn that weak demand and stiff competition drive mortgage rates to record lows.

  • NEW YORK, Feb 4- The dollar on Wednesday rose the most against the euro in nearly two weeks after the European Central Bank abruptly rescinded its acceptance of Greek bonds in return for funding, intensifying concerns about Greece's status. The ECB's action, which occurred late in the U.S. session, shifted the burden to Greece's central bank to finance its lenders...

  • GLOBAL MARKETS-Euro slumps after sudden ECB action Wednesday, 4 Feb 2015 | 5:08 PM ET

    NEW YORK, Feb 4- The euro slumped late on Wednesday while the U.S. dollar surged after the European Central Bank abruptly canceled its acceptance of Greek bonds in return for funding, shifting the burden onto Athens' central bank to finance its lenders and isolating Greece unless it reaches a new reform deal. The move, which means that the Greek central bank will...

  • Decision will push Athens central bank to support lenders. FRANKFURT/ BRUSSELS, Feb 4- The European Central Bank abruptly cancelled its acceptance of Greek bonds in return for funding on Wednesday, shifting the burden onto Athens' central bank to finance its lenders and isolating Greece unless it strikes a new reform deal. The decision came just hours after...

  • COLUMBUS, Ohio, Feb 4- Only a broad decline in U.S. inflation measures and slower economic growth would prompt Cleveland Federal Reserve President Loretta Mester to back off her recommendation for an interest rate hike in the first half of the year, she said on Wednesday. The recovery is deeply rooted, with labor markets steadily improving, households and...

  • MUMBAI, Feb 4- HDFC Bank Ltd, India's largest lender by market value, launched a share offer in the United States and India on Wednesday to raise up to $1.6 billion. HDFC Bank's New York shares were trading at about $57.3 per share, and at that price the bank is set to raise as much as $1.3 billion. Separately, HDFC Bank is looking to raise up to 20 billion rupees in India by...

  • WASHINGTON, Feb 4- The Federal Reserve should likely raise interest rates in the first half of this year to account for an economic recovery that continues to build momentum, Cleveland Federal Reserve President Loretta Mester said on Wednesday. "There are accumulating signs that the economy is building momentum and that, this time, a pick-up in speed will be...

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