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Showing 91 - 100 of 234 results for "Bank of China"

No board meeting necessary

BENJAMIN ONG  |  THURSDAY, 5 MAR 2015
Central bank surprises continue. This week started with the People's Bank of China (PBOC) surprising with a weekend announcement that it is lowering both its benchmark one-year lending rate and one-year deposit rate by 25 basis points each to 5.35% ...

Market wrap

AAP  |  MONDAY, 2 MAR 2015
... Michael Heffernan said the absence of any adverse events on overseas markets, a cut to interest rates by the People's Bank of China and the prospect of another interest rate cut in Australia had buoyed investors. "It's the big bazooka carrying the market ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
... target). Worries over deflation was also one of the reasons (along with property market slowdown) for the People's Bank of China's (PBOC) surprise rate cut announcement over the weekend. The PBOC cut its benchmark one-year lending rate and one-year deposit ...

China easing a tailwind for A-share market

LAURA MILLAN  |  WEDNESDAY, 25 FEB 2015
The People's Bank of China monetary easing policies have resulted in liquidity pouring mainly into the A-share market, J.P. Morgan emerging markets equity managing director George J. Iwanicki learned in a recent trip to the country. A-shares are shares ...

Easing here, there and everywhere

BENJAMIN ONG  |  THURSDAY, 5 FEB 2015
... ahh, "have what they're having", and two days after I typed on this space "and what about China?", the People's Bank of China (PBOC) delivered its own. The PBOC announced that from today, it is cutting banks' reserve requirement ratio (RRR) by 50 bps ...

More Australians to invest in China

ALEX BURKE  |  WEDNESDAY, 14 JAN 2015
... Macquarie, AMP Capital and First State Investments, are predicted initial candidates for RQFII quotas. The People's Bank of China (PBOC) and the RBA have also agreed to create a Sydney-based RMB clearing bank to facilitate RMB-dominated trade settlement. ...

Auld lang syne

BENJAMIN ONG  |  MONDAY, 12 JAN 2015
... September, up from 34% when the BOJ first implemented its bond buys in April 2013. And only last November, the People's Bank of China (PBOC) its key interest rates. These could delay the Fed's much-speculated rates-lift off this year, more so given last ...

Market Wrap AM

AAP  |  FRIDAY, 5 DEC 2014
... recent rally that has seen the composite index rise about 20 per cent in the past three weeks, helped by the People's Bank of China's surprise interest rate cut. WELLINGTON - The NZX 50 Index rose 19.616 points, or 0.4 per cent, to 5522.682.

Market wrap

AAP  |  TUESDAY, 25 NOV 2014
... share market has opened higher after a surprise cut to interest rates in China boosted mining stocks. The People's Bank of China has unexpectedly cut benchmark interest rates for the first time in more than two years to boost sagging economic growth. ...

Santa came to town

BENJAMIN ONG  |  MONDAY, 24 NOV 2014
... of cheer into our stockings, the other whispering hope of cheerier gifts for one and all. Ho ho ho. The People's Bank of China (PBOC) played St. Nick last Friday, pleasantly surprising financial markets with a gift of a 40 basis point reduction in the ...