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Search ResultsShowing 1 - 10 of 100+ results for "Bank of China"
Chief economist update: Get shorty
BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
The People's Bank of China (PBOC) cut the foreign exchange risk reserve ratio for forward contracts to 0% from 20% over the weekend, effectively giving its blessing to currency traders to "get shorty". The PBOC imposed the 20% risk reserve ratio ...
Banks lose US$635 billion
ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
... billion in December 2019 and $305.44 billion as of August 2020. Other notable banks to take a percentage hit were the Bank of China (-23.68%), BNP Paribas (-26.2%) and MUFG (-23%). Buy Shares said banks went into the pandemic stronger and it might take ...
Chief economist update: COVID-19 takes second crack at China
BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... Wuhan in Hubei province in early February. This is at the same time that the Chinese government and the People's Bank of China (PBOC) were rolling out stimulus measures (and continue to do so). China's draconian measures enabled the Politburo ...
Trust in big four improves
ALLY SELBY  |  MONDAY, 11 MAY 2020
... ANZ lifted three points and CBA rose one point. However, Westpac ranked 29 th of the 31 banks, with only AMP and Bank of China lagging behind it. NAB, CBA and ANZ ranked 22 nd , 23 rd and 24 th respectively. The developer of the index, research platform ...
First in first out?
BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... pressures with more firms reported funding shortages and falling demand than in February -- reasons why the People's Bank of China (PBOC) and central command are not letting their guards down. The PBOC just recently cut its 7-day repo rate by 20 bps ...
Chief economist update: What happens in China...
BENJAMIN ONG  |  MONDAY, 23 MAR 2020
... memory serves me right, in early February. This is at the same time that the Chinese government and the People's Bank of China (PBOC) were rolling out stimulus measures - what other fiscal and money authorities are implementing now. While it didn't ...
Chief economist update: The corona crash of 2020
BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... Bank of Japan (BOJ) is expected to follow its brethren when its Board meets next. Then there's the People's Bank of China and the politburo which had been providing stimulus measures even before the coronavirus became a pandemic. However, the ...
China vaccinates against corona
BENJAMIN ONG  |  MONDAY, 24 FEB 2020
... from the government's drastic action at quarantining cities and regions infected by the virus, the People's Bank of China (PBOC) cut its benchmark one-year loan prime rate (LPR) by 10 basis points to 4.05% and the five-year rate from 4.8% to ...
Bonds not out of the game
ELIZA BAVIN  |  TUESDAY, 4 FEB 2020
Bond managers appear to be taking a more active approach to investing in the current low-volatility environment, according to Bank of China's head of fixed income Mark Todd. Looking into the performance of the major bond funds form the last 12 months ...
Chief economist update:China prepares anti-viral injection
BENJAMIN ONG  |  MONDAY, 3 FEB 2020
... surprisingly, markets are bracing for a big fall in China's stock market when it opens today. But the People's Bank of China (PBOC) is on top of this. Reuters reports that China's central bank said it will inject 1.2 trillion yuan ($174 billion) ...
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