*China M2 was 73 pct higher than U.S. "The amount of debt that China has taken in the last 5-7 years is unprecedented," said Morgan Stanley's head of emerging markets, Ruchir Sharma, at a book launch in Singapore. "No developing country in history has taken on as much debt as China has taken on on a marginal basis." » Read More
BEIJING, Feb 16- China's central bank issued a slew of measures on Tuesday to support steady growth of industries as the economic slowdown weighed on a spectrum of sectors. The People's Bank of China will guide steady growth in credit and money supply and use various tools to maintain adequate liquidity, it said in a document jointly issued with seven other top...
BEIJING, Feb 16- Chinese banks armed with fresh lending quotas extended a record 2.51 trillion yuan of new loans in January, far more than markets had expected, suggesting Beijing is keeping monetary policy loose to counter a protracted economic slowdown. "Chinese banks expanded their balance sheet aggressively in the first month of this year, which implies...
BEIJING, Feb 16- Chinese banks extended a record 2.51 trillion yuan of new loans in January, well above expectations, while growth in money supply quickened to a 19- month high, suggesting Beijing is keeping monetary policy loose to counter a prolonged economic slowdown. "Chinese banks expanded their balance sheet aggressively in the first month of this year,...
BEIJING, Feb 16- Chinese banks extended record high of 2.51 trillion yuan of new loans in January, well above market expectations, while growth in broad money supply also quickened to 19- month high, central bank data showed on Tuesday. "Chinese banks expanded their balance sheet aggressively in the first month of this year, which implies that an implicit support...
BEIJING, 16- Chinese banks extended 2.51 trillion yuan in net new yuan loans in January, far above analysts' expectations and December's 597.8 billion yuan. The central bank said on Tuesday that broad M2 money supply grew 14 percent from a year earlier, also beating forecasts. Outstanding yuan loans grew 15.3 percent by month-end on an annual basis.
SHANGHAI, Feb 5- In the weeks leading up to the traditional Lunar New Year liquidity squeeze, China's central bank has been busy testing its new "interest rate corridor", a tool that could help reduce the need for deeper monetary policy easing. The People's Bank of China late last year introduced a new band to guide interest rates on loans and deposits, abolishing...
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Former FDIC Chair, Sheila Bair of Washington College, forecasts Fed decisions on a rate hike and discusses the economy.
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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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CNBC's Rick Santelli explains why Bitcoin is really a story about the lack of confidence in central banks.
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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.