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Showing 21 - 30 of 38 results for "foreign exchange reserves"

Calendrically weak

BENJAMIN ONG  |  MONDAY, 15 SEP 2014
... says 7.5% growth - the scope - benign inflation (2.0%) - and the wherewithal - nearly US$4 trillion in foreign exchange reserves - to do so. Never mind too the uncertainty caused by Scotland's 'YES' or 'NO' vote. It'll hurt what would be independent ...

$US5b irregularities at China fund, banks

AFP  |  FRIDAY, 20 JUN 2014
... published late Wednesday. CIC was established in 2007 to pursue higher returns from part of the country's foreign exchange reserves, the world's largest, and had assets of more than $US575 billion at the end of 2012. One of its subsidiaries sold stakes ...

Chinese currency reforms to transform bond benchmarks

MARK SMITH  |  WEDNESDAY, 5 MAR 2014
... bilateral currency swap arrangement with the People's Bank of China, and that it intends to invest 5% of its foreign exchange reserves in Chinese sovereign bonds. "China's government bond market is the third-largest in the world and last year the renminbi ...

Woe R'Us

BENJAMIN ONG  |  THURSDAY, 11 OCT 2012
... RBA, 15 of the world's central banks have included/increased the Australian dollar in their reserves of foreign exchange reserves - including the National Bank of Kazakhstan. If the Kazakhs are confident about Australia, why can't Australians?

Asian counterweight

BENJAMIN ONG  |  THURSDAY, 15 SEP 2011
... 7:3 This is perhaps the reason why Europeans are knocking on China's door. It's got US$3.2 trillion in foreign exchange reserves to spare. But if they think China's just going to shower them with money, they better think again. China didn't get to where ...

Meaning to the meaningless

BENJAMIN ONG  |  FRIDAY, 15 OCT 2010
... China. What's new here? Absolutely nothing! This was literally yesterday's news when reports on Chinese foreign exchange reserves and trade numbers were released. And what was Wall Street's response yesterday? It closed higher. Foreclosure investigations. ...

Fed bearing gift of QE2

BENJAMIN ONG  |  THURSDAY, 14 OCT 2010
... year-over-year earnings increases, according to Thomson Reuters data." And then there's China. The country's foreign exchange reserves soared by a record US$194 billion to US$2.65 trillion as at the end of last month. That's mo' money for China to deploy ...

Silver lining

BENJAMIN ONG  |  THURSDAY, 3 JUN 2010
... reported overnight that the Iranian central bank announced that it plans to sell 45 billion euros from its foreign exchange reserves and use the proceeds to buy US dollars and gold. Huh? Run that by me again? Is this the same Iran that back in 2007 told ...

True Lies

BENJAMIN ONG  |  FRIDAY, 28 MAY 2010
... to discuss reviewing its holdings of Eurozone bonds. SAFE manages Beijing's US$2.4 trillion worth of foreign exchange reserves -- the world's biggest. The euro, equity markets, commodity markets and other risk assets rallied -- big time and... no questions ...

China's SWF on hiring spree

RUTH LIEW  |  WEDNESDAY, 17 JUN 2009
... China's Ministry of Finance. These were, in turn, used to acquire approximately US$200 billion of China's foreign exchange reserves and formed the foundation of its registered capital. The fund is wholly state-owned under the Company Law of the People's ...