Search Results for: China’s central bank
Asian Stocks Advance as Oil Holds Near $40; Aussie, Kiwi Climb
April 19th, 2016
Korean won climbs to five-month high as gold declines Japan’s Topix jumps by most in a month as yen weakens Asian equities jumped by the most in a month as crude oil stayed within sight of $40 a barrel, ...
China Foreign-Exchange Reserves Rise for First Time in Five Months
April 8th, 2016
Increase comes as the yuan has staged a recovery in recent weeks China’s foreign-currency reserves rose during March, the first increase in five months, a sign Beijing may have partially succeeded in stemming heavy capital outflows that destabilized global ...
Financial Policy Committee statement from its policy meeting, 23 March 2016
March 29th, 2016
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system. In doing so, its aim is to ...
Asian Stocks Fall as Dollar Strengthens Before Fed; Oil Rebounds
March 16th, 2016
Yen weakens as Kuroda says negative rate can be cut further Crude climbs toward $37 a barrel before U.S. investories data Asian stocks fell and the dollar strengthened against most major currencies before a Federal Reserve policy review on ...
HSBC Going Solo in China Credit Cards Boosts Expansion Plan
March 10th, 2016
Bank has ended card venture with Bocom, Asia head says HSBC would be just one of three foreign card issuers in China HSBC Holdings Plc winning approval to start a credit-card business in China’s $1 trillion market offers Chief ...
Yuan Breaks Four-Day Advance as Leaders Shy Away From Specifics
March 7th, 2016
Traders ignore PBOC fixing set at highest in two months Nation to orderly realize convertibility by 2020: plan The yuan snapped a four-day run of gains as China’s leaders refrained from announcing specific support measures at their biggest gathering ...
Stocks Limp to End Weak February
March 1st, 2016
Investors remain cautious, as officials guide China’s currency to weakest level in three weeks February’s rally faded Monday, as the Dow industrials hung on to post a small gain for the month while the S&P 500 slipped into negative ...
Group of Twenty IMF Surveillance Note
February 25th, 2016
The global recovery has weakened further amid increasing financial turbulence and falling asset prices. Activity softened towards the end of 2015 and the valuation of risky assets has dropped sharply, especially in advanced economies, increasing the likelihood of a further ...
China Stocks Plunge More Than 6% as Money-Market Rates Increase
February 25th, 2016
China’s stocks tumbled the most in a month as surging money-market rates signaled tighter liquidity and the offshore yuan declined for a fifth day. The Shanghai Composite Index sank 6.4 percent at the 3 p.m. close, extending its declines ...
Shares Jump From Europe to Japan as Oil Holds Rally; Yuan Soars
February 16th, 2016
Absence of post-holiday China selloff bolstered sentiment Draghi said ECB will act should turmoil hit price stability Stocks came back with a vengeance amid speculation losses that sent global equities into a bear market had gone too far, with ...
