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Showing 141 - 150 of 234 results for "Bank of China"

Wen's visible hand

BENJAMIN ONG  |  MONDAY, 16 JUL 2012
... yuan in May, up from 681.8 in April and up 45.1% from the same month last year. And this, even before the Peoples Bank of China's (PBOC) back-to back interest rate reduction has filtered through to the economy. Looks like Australia will be getting lucky ...

Market Wrap

AAP  |  FRIDAY, 6 JUL 2012
... eyes of the world are looking firmly at the US tonight after the ECB (European Central Bank), the PBOC (People's Bank of China) and the Bank of England all came out with some sort of concerted co-ordinated easing," Mr Weston said. "I think our market ...

Market Wrap

AAP  |  FRIDAY, 6 JUL 2012
... rates and the Bank of England would boost stimulus efforts in bids to turn around European economic growth. The Bank of China has also come in with a surprise rate cut, responding to weakening growth. Analysts said those actions all relate to disappointing ...

Market Wrap - Midday

AAP  |  TUESDAY, 26 JUN 2012
... media at Seven Group Holdings, which holds investments in Seven West, earthmoving company WesTrac and Agricultural Bank of China. At 1220 AEST Seven West shares have fallen 19 cents to 1.78. The mining giants were lower or flat at noon. BHP Billiton ...

BRIC slows on Europe woes

BENJAMIN ONG  |  TUESDAY, 19 JUN 2012
... easing inflation provides it scope to do more. Indian rates are lower by 50 bps and earlier this month, the Peoples Bank of China reduced rates by 25 bps on top of chopping the reserve requirement ratio last March, February and December last year. Please ...

Pop goes the QE

BENJAMIN ONG  |  FRIDAY, 8 JUN 2012
... downward spiral of economic weakness would be difficult to arrest." And we were so sure. Surer still after the Peoples Bank of China (PBOC) just did it. The PBOC reduced borrowing costs - the first since 2008 - taking the benchmark lending rate down ...

Show me the stats

BENJAMIN ONG  |  TUESDAY, 29 MAY 2012
... to 48.7 in May from a final reading of 49.3 in April. That's all good too because the government and the People's Bank of China are on top of the situation. Only last week, Premier Wen announced - nay, commanded - that "We should continue to implement ...

Missed the bottom?

BENJAMIN ONG  |  TUESDAY, 22 MAY 2012
... they need to keep stimulating their economy. Good on them. Good for us all. I just don't know whether the Peoples Bank of China is still buying euro-denominated debt though. These, along with the equity markets' oversold condition, have tempted investors ...

The end is not nigh

BENJAMIN ONG  |  MONDAY, 14 MAY 2012
... sitting and waiting and talking their brains out like Europe, do you? There was an immediate reaction. The People's Bank of China (PBOC) announced last week that it's cutting the reserve requirement ratio by 50 bps effective 18 May - the third cut in ...

Best friends forever

BENJAMIN ONG  |  FRIDAY, 13 APR 2012
... Just last night, SGH Macro Advisors - a NY-based macro policy think tank - reported that it expects the Peoples Bank of China to cut its bank's reserve requirement by 50 basis points within this coming week. And of course, we already know the ECB also ...