TOPIC
Central banks
+ FOLLOW
Central banks
News about policymaking in the world’s major central banks with a focus on the People’s Bank of China, the Federal Reserve, the European Central Bank, the Bank of England, the Bank of Japan and the Reserve Bank of Australia.
SHOW FULL PROFILE
Canada
Canada’s PM Carney expected to call for April 28 snap polls
The next election is not due until October 20, but Carney is hoping to capitalise on a remarkable recovery by his Liberal Party in the polls.
3 hours ago
Hong Kong Monetary Authority (HKMA)
Hong Kong banks keep their prime rates steady after HKMA, Fed hold fire
4 hours ago
Banking & finance
The custodian of a third of China’s US$3.2 trillion reserves is hiring in Hong Kong
19 Mar 2025 - 7:48AM
China and climate change
Chinese economist calls for bold action to fill climate leadership vacuum
Former central bank official says China can take up position abdicated by US if it adopts a strategy of mutual benefit in climate policy.
18 Mar 2025 - 5:00PM
videocam
Canada
Canada’s PM Carney meets King Charles and Macron after Trump threats
After succeeding Trudeau last week, Carney conspicuously chose key European powers France and UK, rather than US, for first foreign visits.
18 Mar 2025 - 2:39AM
videocam
Canada
Mark Carney sworn in as Canadian prime minister, now faces Trump
The new PM says he can work with the US president, but that Trump’s talk of annexing Canada is ‘crazy’.
15 Mar 2025 - 2:35AM
videocam
Advertisement
Advertisement
Advertisement
Bonds
China bonds’ biggest bull run in a decade stumbles as stocks take over
The bond market’s mood will be tested on Friday, when the Ministry of Finance is scheduled to auction 167 billion yuan of two-year government bonds.
13 Mar 2025 - 3:15PM
US-China relations
‘A geopolitical move’: Trump’s big bet on crypto raises questions for China
China has kept unregulated digital currencies at arm’s length, but the US is going all-in on crypto. Will this big bet give the US dollar new life?
12 Mar 2025 - 11:26AM
videocam
25
US-China relations
My Take
|
China’s likely reaction to the ‘Mar-a-Lago Accord’ idea
Some elements of the concept to address ‘overvaluation’ of the US dollar echo Beijing’s strategic pursuits.
11 Mar 2025 - 7:00AM
US-China relations
Opinion
|
Trump a bigger threat to US dollar than China, ex-senior economics officials say
White House brings ‘budgetary chaos with extraordinary speed’, potentially triggering a fiscal crisis and run on US Treasuries market.
10 Mar 2025 - 11:18AM
videocam
6
Canada
Who is Mark Carney? Crisis-fighting central banker to lead Canada through US trade war
Former central banker Mark Carney has won the race to replace Justin Trudeau as Canada’s prime minister.
10 Mar 2025 - 9:09AM
videocam
4
China trade
Economists slam Trump’s currency claims, explain why Beijing wants yuan stable
Calling US president’s currency-depreciation allegations ‘ungrounded’, analysts say Beijing does not want to see the yuan weaken too much.
4 Mar 2025 - 10:31PM
US-China trade war
Opinion
|
A threat to sell US bonds may force Trump to rethink tariffs
Compared with imposing retaliatory tariffs, selling bonds has less impact on growth. Nations subject to tariffs shouldn’t fund the US fiscal deficit.
3 Mar 2025 - 5:02PM
7
China economy
Letters
|
Trump’s digital dollar ban leaves the field open for China
Readers discuss the potential of China’s central bank digital currency, and whether Hong Kong should impose carbon taxes.
2 Mar 2025 - 11:30AM
Yuan
Panda-bond market size tops Japan’s samurai bonds as China conditions improve
Panda bonds help foreign firms in China raise capital by targeting domestic investors, and issuance is on the rise.
28 Feb 2025 - 5:11PM
Hong Kong economy
Opinion
|
Why Northern Metropolis bonds are the way to go for Hong Kong
If the project’s strategy is sound, economic development will come in time. Meanwhile, taxpayers will carry the financial load.
23 Feb 2025 - 5:29PM
videocam
Banking & finance
Macroscope
|
Why Asian central banks are starting to decouple from the Fed
Eager to boost domestic demand and more able to preserve financial stability, the region’s policymakers are embracing greater monetary independence.
20 Feb 2025 - 4:30PM
Advertisement
Advertisement
Advertisement
Bonds
China central bank issues US$8.2 billion in bills in Hong Kong to stabilise yuan
Move is the latest in a series by China’s central bank that support Hong Kong’s status as a global hub for offshore yuan business.
14 Feb 2025 - 4:23PM
Gold in Hong Kong
Hongkongers rush to sell, buy gold as precious metal’s price hits record high
Gold bought in October 2023 is worth 63 per cent more now, and some analysts expect the price to continue rising.
14 Feb 2025 - 8:30AM
Banking & finance
Dollar strength more worrying to Asian stocks than China tariffs: Hang Seng Bank
Prospects for Asian equities remain positive due to China’s stimulus measures and strong Asean trade links, Hang Seng Bank official says.
3 Feb 2025 - 7:22PM
Singapore
Singapore’s president cites global ‘mistakes’ as inflation worries Davos
Tharman Shanmugaratnam, a veteran economist and ex-finance minister, said that inflation would be lower if not for 15 years of mistakes.
2 Feb 2025 - 8:45AM
Interest rates
Hong Kong holds fire on monetary policy, keeping base rate at 4.75%
HSBC and other major banks will only announce their interest-rate decisions on Monday, the first working day of the Lunar New Year.
30 Jan 2025 - 11:46AM
Gold in Hong Kong
Year of the Snake: gold’s ascent to record highs to dampen jewellery sales
The price of the precious metal, which jumped 35 per cent in the Year of the Dragon, is expected to maintain its elevated trajectory.
29 Jan 2025 - 9:30AM
Banking & finance
Hong Kong’s economy to benefit from capital flow, rate cut: ANZ
City’s economy is likely to grow between 2.5 and 3 per cent, ANZ chief economist Raymond Yeung says.
28 Jan 2025 - 7:30AM
videocam
Hong Kong Monetary Authority (HKMA)
Hong Kong’s Exchange Fund reports fifth-best return despite fourth-quarter loss
The fund’s return fell 3 per cent in 2024 to HK$219 billion (US$28 billion) due mainly to a loss of HK$20.1 billion in the fourth quarter.
27 Jan 2025 - 6:27PM
Banking & finance
Standard Chartered banks on yuan assets amid US-China tensions
The lender has already seen higher demand for foreign-exchange management and hedging, and the need will only grow, an executive says.
27 Jan 2025 - 8:00AM
China economy
Editorial
|
Channelling of funds into China markets to bring needed stability
Move by Beijing aims to counter volatility from threats of Donald Trump with flow of proceeds from pensions and insurance.
24 Jan 2025 - 1:57AM
Banking & finance
Hong Kong’s banks gird for lean times as 9-month profit growth slows
Net interest margin narrowed to 1.5 per cent in the first nine months last year from 1.67 per cent in 2023, according to HKMA data.
22 Jan 2025 - 9:59PM
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement