Singapore’s inflation accelerated more than economists estimated in March, justifying the central bank’s decision to tighten monetary policy this month. The consumer price index rose 5.2 percent from a year earlier, after climbing 4.6 percent in February, the Department of Statistics said in a statement today. That exceeded the predictions of 17 of 18 economists [...]
SINCE last November, the European Central Bank (ECB), under its new president, Mario Draghi, has reduced its policy rates and undertaken two injections of more than â?¬1-trillion of liquidity into the euro-zone banking system. This led to a temporary reduction in the financial strains confronting the debt-endangered countries on the euro zoneâ??s periphery, sharply lowered [...]
AddThis Button END –> Market Talk: China exchange bonds up on high hope for May monetary loosening Mon BEIJING, Apr 23, 2012 (Xinhua via COMTEX) – China exchange-traded bond rally extended on Monday, boosted by investors swelling expectations for some monetary easing policies after the HSBBs flash April manufacturing data turned out tad unfavorable. The [...]
LONDON — Talks between Greece and its private sector creditors over restructuring its debt hit a snag over the weekend over how large an interest rate the new bonds would pay. Alkis Konstantinidis/European Pressphoto Agency Charles H. Dallara, left, a bankers’ representative, and Jean Lemierre of BNP Paribas, after a meeting in Athens on Friday. [...]
Mumbai, Jan 23 (IANS): Indian equities markets were sluggish a little before noon Monday, as traders were cautious ahead of the third quarterly review of the monetary policy by the Reserve Bank of India. The policy review will be Tuesday but the majority view is that the central bank may keep a status quo on [...]
Bangladesh Bank (BB) will announce its half-yearly monetary policy statement Thursday for the remaining six months of the current 2011-12 financial year, reports BSS. BB Governor Dr Atiur Rahman will announce the policy at a press conference at the central banks headquarters, official sources said. Meanwhile, speculations have gone high among bankers, businessmen and share [...]
Eurozone crisis will never be resolved until Berlin faces up to the fact it and its export surplus are the cause of the problem I AM a Germanophile. Germany is the cradle of modern science â?? of Einstein, Heisenberg and Planck. It gave us the literature of Goethe and Schiller, Mann and Grass. The mind-stretching [...]
Uruguay Central Bank to ‘Balance’ Concerns on Inflation, Crisis December 08, 2011, 10:51 AM EST Business Exchange E-mail Print More From Businessweek Brazil to Remain Bigger Economy Than U.K., Finance Minister Says Brazil Economists Cut 2012 Inflation Forecast to 5.33% Brazil Provides Lifeline to Small Banks Facing Funding Squeeze PDVSA Signs Perla Gas-Development Contract With [...]
Banks took more than $50 billion from the European Central Bank on Wednesday in the first offering since it, the Federal Reserve and other major central banks slashed the cost of borrowing dollars in response to a worsening euro zone crisis. The high volume of emergency borrowing was seen as a sign that some of [...]
Alex Salmond has been accused by the UK government of deliberately ignoring the eurozone crisis because he knows it raises critical questions about Scottish independence. In extracts released in advance of a speech in Edinburgh on Friday, Danny Alexander, the chief secretary to the Treasury, said there had been a deafening silence from the first [...]