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
last updated:
9 September, 2024
The Philippines
‘Erasing history’?: Marcos Jnr accused of political bias over new banknotes
A critic of Ferdinand Marcos Jnr accuses him of attempting to reshape the country’s history by removing the Aquinos from the 500-peso notes.
23 Dec 2024 - 3:11PM
Hong Kong Monetary Authority (HKMA)
Hong Kong banks cut lending rates, but HKMA warns of volatility ahead
19 Dec 2024 - 4:50PM
Banking & finance
China’s record-low government bond yields spark fresh warning from central bank
18 Dec 2024 - 7:30PM
videocam
5
South Korea martial law 2024
South Korea’s central bank vows to stabilise markets amid political turmoil
The Bank of Korea aims to avoid any escalation in volatility of foreign exchange markets following Yoon’s failed martial law decree.
15 Dec 2024 - 5:01PM
Interest rates
US Federal Reserve set to cut rates as Trump prepares for second term
Analysts expect a slower path of rate cuts next year as they have concerns about some of Trump’s key policy initiatives.
15 Dec 2024 - 12:25PM
China's economic recovery
China may bank on balance-sheet expansion, not rate cuts, for growth: economist
While Beijing is unlikely to implement universal consumption subsidies, officials may try to boost spending by raising incomes, according to Nomura’s Lu Ting.
11 Dec 2024 - 8:30PM
Advertisement
Advertisement
Wealth management
Mainland Chinese investors unimpressed with Wealth Management Connect expansion
Restrictive marketing rules and stringent eligibility requirements will continue to deter wealthy Chinese from the scheme, analysts say.
11 Dec 2024 - 7:53PM
China stock market
China stocks regain appeal as Xi signals major stimulus in Politburo meeting
Strong policy tone ripples through Chinese assets, with both stocks and bonds rallying while the yuan strengthens.
11 Dec 2024 - 7:42AM
6
China's economic recovery
‘Strong tone’ from China’s Politburo suggests more fiscal spending: analysts
After Monday’s Politburo meeting, analysts predicted China will raise fiscal spending and cut rates to keep up activity through next year.
10 Dec 2024 - 10:00PM
videocam
4
Banking & finance
Hong Kong banks to study heavy cheque users with eye on phase-out
Work with 10 heavy cheque-using sectors including SMEs, charities and brokers will help identify barriers to electronic payments, HKAB says.
9 Dec 2024 - 8:45PM
7
Bonds
China’s 10-year bond yield slumps to record low, pressuring yuan
‘Staggering’ new low signals ‘chilling risk forecast’ amid a deflationary spiral ‘eerily reminiscent’ of Japan’s long malaise, analyst says.
4 Dec 2024 - 5:00PM
Yuan
China’s yuan hits lowest level in months as Trump tariff threats roil currencies
China’s currency is losing pace against the US dollar thanks to a wave of uncertainty following Donald Trump’s re-election.
3 Dec 2024 - 2:41PM
Currencies
Opinion
|
Trump’s fuming over unlikely ‘Brics currency’ belies risks of de-dollarisation
Trump’s threat of tariffs over a currency that will likely never exist is a reminder of how much clout the dollar has in the developing world.
4 Dec 2024 - 5:59PM
6
Yuan
China’s digital yuan roared out of the gate, but stumbling blocks have popped up
Corruption and a slow adoption of the e-CNY risk undermining the groundbreaking progress that China’s digital currency has made over the past decade.
1 Dec 2024 - 9:00AM
videocam
4
Blockchain
Hong Kong offers grants to boost tokenised bond issuance
The city’s de facto central bank is handing out up to HK$2.5 million in subsidies per issuance to qualified tokenised-bond issuers.
28 Nov 2024 - 7:00PM
Banking & finance
Time right for China to cut reserve ratio to add liquidity, aid growth: analysts
Analysts say the window for the People’s Bank of China to reduce the reserve requirement ratio (RRR) is open.
27 Nov 2024 - 11:00AM
China’s economic stimulus
China’s tech firms at the front of the queue for loans amid policy tilt
People’s Bank of China asks government ministries and major banks to accelerate loans to tech companies.
26 Nov 2024 - 12:02PM
Advertisement
Advertisement
China GDP
China’s GDP forecast cut as Trump trade worries take hold before new term
Though Donald Trump has not yet taken office, his expected tariff increases have led S&P Global Ratings to cut growth projections for China.
25 Nov 2024 - 7:00PM
6
Yuan
Yuan to catch up to China’s position in world’s economy: ex-official
Outspoken former Chongqing mayor Huang Qifan says Hong Kong can play a key role in the internationalisation of the yuan.
25 Nov 2024 - 12:26PM
Wealth management
Hong Kong’s wealth sector thrives as political uncertainty, geopolitics swirl
The Capital Investment Entrant Scheme, launched in March, has brought in more than HK$20 billion from 670 applications, Paul Chan says.
22 Nov 2024 - 2:54PM
videocam
Banking & finance
Citigroup CEO meets Chinese officials as Beijing touts financial market reforms
Fraser said the Wall Street bank will ‘further its participation in the market to help promote US-China economic ties and trade’.
22 Nov 2024 - 1:06PM
Digital currencies
Shanghai court says crypto ownership legal in China amid bitcoin price surge
In an opinion on a recent lawsuit, a Shanghai judge wrote that cryptocurrencies have the attributes of property and thus holding it is legal.
20 Nov 2024 - 11:08PM
Banking & finance
Explainer
|
What makes China’s ultra-long ‘special bonds’ so special?
China has only issued its ultra-long-term government bonds in special circumstances – here’s why this year qualifies.
20 Nov 2024 - 10:00AM
videocam
Hong Kong economy
Chinese Vice-Premier He Lifeng’s 3 ideas for Hong Kong – as it happened
Three-day Global Financial Leaders’ Investment Summit brings together senior Chinese officials and heads of banking giants.
19 Nov 2024 - 4:18PM
videocam
14
Diplomacy
Opinion
|
Here’s how the G20 can be more than a talk shop
While the grouping did a good job of dealing with the 2008 global financial crisis, in recent years, collective action has been sorely lacking.
13 Nov 2024 - 4:30PM
videocam
Bonds
HSBC’s 4.5 billion yuan panda bond to boost globalisation of Chinese currency
The bond, which pays an annual coupon of 2.15 per cent, also reinforces Hong Kong’s role as the world’s offshore yuan centre, bank says.
13 Nov 2024 - 10:07AM
Ant Group
Ant-backed credit rating firm gets central bank approval after 3-year wait
The joint venture, 35 per cent owned by Ant Group, had a prolonged wait after previously licenced firms were approved within weeks of applying.
12 Nov 2024 - 5:30PM
China’s economic stimulus
Open Questions
|
Economist Huang Yiping on Trump trade war 2.0 and China’s stimulus ‘U-turn’
Huang Yiping of Peking University talks the re-election of Donald Trump and why China needs its own Marshall Plan.
12 Nov 2024 - 7:01PM
videocam
25
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement