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Showing 951 - 960 of 2517 results for "Central bank"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 10 JUN 2016
... registered back to back negative readings in March (minus 0.1%) and April (-0.3%). Bank of Korea cuts South Korea's central bank unexpectedly cut interest rates by 25 basis points to a new record low of 1.25% following its 9 June monetary policy meeting ...

Negative interest rates drive spike in safe sales

MARK SMITH  |  THURSDAY, 9 JUN 2016
Giant global banks and consumers alike have found old fashioned solutions to the unusual problem of having to pay institutions to hold their cash deposits - safes, vaults and strongrooms are back in vogue. Japanese hardware stores report demand for ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 9 JUN 2016
... there's not much difference when the inflation rate numbers are rounded up, the fact remains that they are twice the central bank's official inflation target of 4.5%. The Brazilian central bank has kept the target SELIC rate unchanged at 14.25% since ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
... monetary policy settings steady at its 7 June Board meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account of the available information, and having eased monetary ...

Swiss say no to universal basic income

MARK SMITH  |  TUESDAY, 7 JUN 2016
Swiss voters have overwhelmingly rejected a proposal to give their entire population enough money to live on. A projection provided to the public broadcaster RTS said 78% had voted against the scheme, which would see all Swiss citizens, along with foreigners ...

Investors face 'radical uncertainty': PIMCO

KERRIE SYDEE  |  FRIDAY, 3 JUN 2016
Investors must be prepared to face "radical uncertainty" about the future course of global economies, policies and markets and be aware that "stability is not sustainability", according to PIMCO's latest secular outlook. The report, The Global Outlook ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
... combined effects of a 1.0% increase in exports over the month and a 1.0% fall in imports. ECB on hold The European Central Bank (ECB) announced no change in monetary policy settings - repo rate at 0%; deposit rate at -0.4%; lending rate at 0.25%; asset ...

New ETFs launched to cater for BOJ stimulus

MARK SMITH  |  WEDNESDAY, 25 MAY 2016
Japan's fund management industry is launching exchange traded funds to cater specifically for the central bank's massive monetary easing programme. Three new "physical and human capital" ETFs are designed solely for the Bank of Japan, which needs fresh ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 24 MAY 2016
... readings have stayed above the expansion line over the same period. Markit Flash Eurozone PMI Cue in the growing mass of central bank unbelievers - those opining that CB policy -- QE and negative interest rates - have become ineffective, this one's for ...

Minutes to disaster

MARK SMITH  |  MONDAY, 23 MAY 2016
... it would be a positive for central banks trying to boost their economies or inflation or both such as the European Central Bank (ECB) and the Bank of Japan (BOJ). It would be disastrous for emerging markets - particularly for those with debts denominated ...