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Showing 141 - 150 of 170 results for "PBOC"

Market Wrap

AAP  |  FRIDAY, 6 JUL 2012
... employment figures. "The 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 ...

Two cuts and a top up

BENJAMIN ONG  |  FRIDAY, 6 JUL 2012

Pop goes the QE

BENJAMIN ONG  |  FRIDAY, 8 JUN 2012
... 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 to 6.31% ...

Bad news? What bad news?

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2012
... billion) announced in 2008. And folks, this is on top of the 50 basis point reduction in the reserve requirement ratio the PBOC handed down on 12 May. Now it's all good -- so good that the MSCI Asia apex index jumped by 1.8% on the news. Australian equities ...

The end is not nigh

BENJAMIN ONG  |  MONDAY, 14 MAY 2012
... 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 six months. ...

What Wen wants, Wen gets, when Wen wants

BENJAMIN ONG  |  TUESDAY, 13 MAR 2012
... significantly reduced inflation - down to 3.2% in February from 4.5% in the previous month - provides the People's Bank of China (PBOC) plenty of room to ease policy. What Wen wants, Wen gets, when Wen wants. Wen no want a hard landing.

Wen Confucius meets Sun Tzu

BENJAMIN ONG  |  TUESDAY, 6 MAR 2012
... "proactive" fiscal policy and a "prudent" monetary policy. And we know that "prudent" in Chinese means "stimulatory". Proof, the PBOC started lowering the reserve requirement ratio when this word appeared. Ahh, perhaps he was heeding the words of his ...

Waiting for the midnight hour

BENJAMIN ONG  |  TUESDAY, 21 FEB 2012
... new lease on life, that is. But gauging from the sharp gains in Asian equities yesterday -- though this was aided by the PBOC's announcement that it is reducing its banks' reserve requirement - and European ones overnight (Wall Street's on holiday) ...

Market Wrap - Morning

AAP  |  MONDAY, 20 FEB 2012
... Since 1700 AEDT on Friday, the local unit has traded between 106.88 US cents and 107.87 cents. The People's Bank of China (PBOC) on Saturday said it would lower the ratio of funds that banks must hold as reserves. The cut, which will free up more money ...

What hard landing?

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2012
... Virginia, what China's politburo wants, China's politburo gets. And certainly, they don't want their economy to land hard. PBOC to the rescue. Late last year, the People's Bank of China (PBOC) cut the reserve requirement ratio for its banks by 50 basis ...