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Showing 51 - 60 of 234 results for "Bank of China"

Chinese inflation slows and quickens

BENJAMIN ONG  |  FRIDAY, 10 MAR 2017
People's Bank of China (PBOC) deputy governor Yi Gang's predicted inflation rate of 2% - 3% for this year appears at risk should the recent sharp slowdown in CPI inflation persist over the coming months. Headline inflation increased by a mere 0.8% in ...

China price rises

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
If inflation was the man driver of the People's Bank of China's monetary policy, the latest update on consumer prices would not have a significant sway on interest rate direction - up or down. China's consumer price inflation accelerated to 2.5% in ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 DEC 2016
... slowing since July. China foreign exchange reserves The drain on China's foreign exchange reserves continues. People's Bank of China (PBOC) data show that it held US$3.052 trillion in foreign currency in November, down 2.2% from the previous month and ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 SEP 2016
... 0.5 pp from June quarter growth, respectively. China foreign exchange reserves Figures released by the People's Bank of China (PBOC) showed that the country's foreign exchange reserves dwindled to a greater than expected US$3.19 trillion in August - ...

K2 hurt by Brexit call

DARREN SNYDER  |  WEDNESDAY, 10 AUG 2016
... expected the US Federal Reserve to lift its official cash rate in December 2015, however it did not expect the People's Bank of China to then devalue the Yuan against the US dollar and "this caused significant market dislocations." "While there has been ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 JUL 2016
... Future readings should reveal the first order impact of Brexit on these sectors. PBOC fixes yuan down The People's Bank of China (PBOC) once again recalibrated the yuan's exchange versus the US dollar, fixing the mid-point of the yuan's trading band ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 10 JUN 2016
... the previous month - indicates very little pressure on consumer prices going forward and threatening the People's Bank of China's (PBOC) 3.0% inflation target for this year. Japan producer prices As in China, producer prices in Japan remain in deflation ...

Largest five banks all Asian

MARK SMITH  |  THURSDAY, 14 APR 2016
... slipped down the rankings. The three largest banks in the world continued to be Beijing-based Industrial & Commercial Bank of China, China Construction Bank Corp and Agricultural Bank of China, with total year-end 2015 assets calculated at US$3.421 trillion ...

Easier for as long as necessary?

BENJAMIN ONG  |  MONDAY, 21 MAR 2016
... alleviate US dollar-denominated debt repayments from emerging market countries. And oh, it would also give the People's Bank of China (PBOC) pause for thought of further yuan devaluation. But these present a problem for the Reserve Bank of Australia ...

No tears for China's disappointing data

BENJAMIN ONG  |  TUESDAY, 15 MAR 2016
... slowing - or they've discounted the disappointing numbers as due to seasonal factors (Lunar New Year) or People's Bank of China Governor Zhou Xiaochuan's "prevention is better than a cure" policy worked, or all of the above. Chinese industrial production ...