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Showing 61 - 70 of 234 results for "Bank of China"

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
... below its 2016 starting level). Another big central bank helped support market sentiment last week. The People's Bank of China (PBOC) by lifting its yuan fixing by 0.34% -- the biggest daily fixing since November last year -- to 6.4905 vis-A -vis the ...

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
... China's service sector has noticeably been in trend slowdown over the past few years. These explain the People's Bank of China's (PBOC) surprise 50 bps cut in the reserve requirement ratio (RRR) the day before (29 February) to 17% for big banks. It's ...

Strength in (A$) weakness

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2016
... necessary for achieving the price stability target"....or the "Park at your own Risk" sign erected by the People's Bank of China (for it, itself, doesn't know what to do, it seems). The PBOC wants a lower yuan exchange rate like the BOJ and the ECB to ...

China's low-flation

BENJAMIN ONG  |  TUESDAY, 12 JAN 2016
... slowing growth problem to the rest of us. The good news is that low-flation provides Central Command and the People's Bank of China (PBOC) scope to enact counter-measures - fiscal and monetary policies - to turn around the slowing boat of China.

China's January effect

BENJAMIN ONG  |  MONDAY, 11 JAN 2016
... lifting of the ban on selling, imposing new restrictions on share sales instead. But the yuan - and the People's Bank of China's (PBOC) move to devalue it (again) - was of greater concern for most investors everywhere. This is because of its negative ...

Lift then back to zero (even negative)?

BENJAMIN ONG  |  TUESDAY, 15 DEC 2015
... reflationary measures currently being implemented by the European Central Bank (ECB), the Bank of Japan (BOJ), the People's Bank of China (PBOC) and many other central banks. These measures would have to lift their respective economies one day... within ...

And then there's gonna be five

BENJAMIN ONG  |  TUESDAY, 1 DEC 2015
... demand for the yuan, the IMF's decision may pave the way for the yuan's depreciation. The reason is that the People's Bank of China (PBOC) will now find itself under more pressure to manage the yuan as central banks in most developed economies do: by ...

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
... iron ore. China's economy has slowed to 6.9% in the first quarter of 2015 from 7.4% last year. While the People's Bank of China (PBOC) has again eased monetary policy - it lowered the benchmark one-year lending rate by 25 bps to 4.35%; the deposit rate ...

Christmas in October

BENJAMIN ONG  |  MONDAY, 26 OCT 2015
... September 2016, or medley of these measures - it'll be delivered when it is delivered on 3 December. The People's Bank of China (PBOC) did one better - it went and announced further policy easing Friday to commence the following day - ahead of Beijing's ...

Big trouble in big China

BENJAMIN ONG  |  WEDNESDAY, 14 OCT 2015
... has increased before data this week that will likely show slowing exports and decelerating inflation. The People's Bank of China announced over the weekend it will expand a relending trial to nine more cities and provinces, while Premier Li Keqiang said ...