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Showing 71 - 80 of 96 results for "Bank of Canada"

Expect the unexpected

BENJAMIN ONG  |  MONDAY, 14 SEP 2009
... UK, Canada, New Zealand and South Korea produced no changed in monetary policy last week. Echoing the G-20, the Bank of Canada and the Reserve Bank of New Zealand even went so far as declaring that interest rates would remain at present levels until ...

Good news in inaction

BENJAMIN ONG  |  TUESDAY, 9 JUN 2009
... last week. The Reserve Bank of Australia (RBA), the European Central Bank (ECB), the Bank of England (BoE) and the Bank of Canada (BoC) all held monetary policy meetings last week. And guess what? Not a single central bank announced a reduction in interest ...

Knife falls

BENJAMIN ONG  |  WEDNESDAY, 10 DEC 2008
... recession. And because of these persistent problems in the US, another domino appears to be on the brink of falling. The Bank of Canada cut interest rates by 75 basis points last night, taking its benchmark lending rate down to a half century low of ...

The global recession we have to have

BENJAMIN ONG  |  THURSDAY, 9 OCT 2008
... Central Bank dropped its repo rate to 3.75 percent, the Bank of England cut its base rate to 4.5 per cent, the Bank of Canada to 2.5 per cent, the Swiss National Bank to 2.5 per cent and Sweden's Riksbank to 4.25 per cent. With its benchmark rate at ...

Soup for Christmas

BENJAMIN ONG  |  TUESDAY, 30 SEP 2008
... larger facilities will now support the provision of U.S. dollar liquidity in amounts of up to $30 billion by the Bank of Canada, $80 billion by the Bank of England, $120 billion by the Bank of Japan, $15 billion by Danmarks Nationalbank, $240 billion ...

Dec 2007 redux

BENJAMIN ONG  |  FRIDAY, 19 SEP 2008
... and stabilise the financial markets. The US Federal Reserve, the European Central Bank, the Bank of England, the Bank of Canada and the Swiss National Bank agreed to jointly inject more than US$100 billion into the financial system through repos, swaps ...

This Week's Movers

BENJAMIN ONG  |  MONDAY, 8 SEP 2008
... defensive. As expected, only the Reserve Bank of Australia (RBA) cut its benchmark interest rate last week. The Bank of Canada, the Bank of England and the European Central Bank kept monetary policy unchanged. The downtrend in commodity prices continued ...

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
... world's major central banks will hold monetary policy meetings this week. The Reserve Bank of Australia (RBA), The Bank of Canada (BoC), the Bank of England (BoE) and the European Central Bank (ECB) will each decide their respective economies' interest ...

Credit Suisse nabs AMF stake

RUTH LIEW  |  THURSDAY, 28 AUG 2008
Credit Suisse Group has acquired an 80 per cent stake of National Bank of Canada-owned Asset Management Finance Corp. Credit Suisse confirmed in a statement that it paid $446 million for over 80 per cent of AMF. The Canadian company provides capital ...

Retirement age must rise

ALEX DUNNIN  |  FRIDAY, 18 APR 2008
... workplace." Ageing Workforce News cited an Ipsos Reid report that found "in a poll it conducted on behalf of Royal Bank of Canada, 60 per cent of those surveyed said that extended health care benefits are the most important factor (top three mentions) ...