The disappointing economic backdrop to China’s policy dilemma
By Patturaja Murugaboopathy (Reuters) – China’s central bank cut its interest rates on Monday for the second time this year, but analysts suspect it will do little to spur lending…
By Patturaja Murugaboopathy (Reuters) – China’s central bank cut its interest rates on Monday for the second time this year, but analysts suspect it will do little to spur lending…
LONDON – Bank of England Chief Economist Huw Pill said on Wednesday that central banks are able to take tough decisions on monetary policy, in contrast to governments that are…
BEIJING – China’s central bank said on Wednesday it will step up the implementation of its prudent monetary policy and keep liquidity reasonably ample. The People’s Bank of China said…
BANGKOK – Thailand’s commercial banks should not rush to raise their interest rates even though the central bank will tighten monetary policy, the finance minister said on Wednesday. The Bank…
‘Orwellian’: School District Encourages Entire Town To Report Violations Of ‘Anti-Racism’ Policy Reagan Reese on August 8, 2022 A Rhode Island school district is encouraging its community to report anyone…
Louisville, KY – First Urology, P.S.C., the largest provider of urologic care in the greater Louisville and Southern Indiana area, has agreed to pay $60,000 to resolve allegations that it…
(Reuters) – Wells Fargo reinstated a hiring policy that requires recruiters to interview a diverse pool of candidates nearly two months after its suspension in June, the bank said on…
ISAAC: Biden’s Head Is In The Clouds On Energy Policy And The American People Are Paying For It Jason Isaac on July 30, 2022 It’s no secret that President Joe…
By Nevzat Devranoglu and Orhan Coskun ANKARA – Turkey will stick to policies that allow only net exporters to access cheap lira loans and may toughen rules further despite a…
Republican AGs Sue Biden Admin Over ‘Gender Identity’ Policy That Could Withhold School Lunch Funds Reagan Reese on July 27, 2022 Several Republican attorneys general are suing the U.S. Department…
By Simon Jessop LONDON – Three quarters of the world’s sovereign wealth funds now have a formal policy on environmental, social and governance investing, yet just 30% have set a…
By Leika Kihara and Divya Chowdhury MUMBAI – The Bank of Japan won’t make any quick or drastic changes to its monetary policy framework and is likely to keep interest…
Justin Trudeau Is Pursuing The Same Climate Policy That Sparked Mass Protests In Europe Micaela Burrow on July 25, 2022 Canada is moving forward with cuts to emissions resulting from…
TOKYO – The Bank of Japan’s new board member Naoki Tamura said on Monday an exit from the central bank’s ultra-easy monetary policy will become a focus of discussion once…
China’s Wealthy Elite Are Fleeing The Country Thanks To CCP’s ‘Zero-COVID’ Policy Max Keating on July 23, 2022 Many of China’s wealthiest citizens have increasingly sought to emigrate from the…
By Gopal Sharma KATHMANDU -Nepal’s central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of efforts to…
ALMATY – Kazakhstan’s central bank appears likely to keep its benchmark interest rate at 14% on Monday as inflationary risks remain elevated, according to analysts surveyed in a Reuters poll.…
BANGKOK – Thailand’s central bank will prevent inflation from rising sharply, but at the same time ensure that any monetary policy adjustments are gradual, Bank of Thailand Governor Sethaput Suthiwartnarueput…
BEIJING – China’s largest policy bank said on Friday that it had disbursed 181.5 billion yuan ($27 billion) in loans for urban development projects in the first half of the…
By Nelson Bocanegra BOGOTA – The board chief of Colombia’s central bank on Thursday defended the monetary policy authority’s decision not to intervene in movements of the country’s peso, even…
By Gayatri Suroyo and Fransiska Nangoy JAKARTA – Indonesia’s central bank left its policy interest rate unchanged at a record low on Thursday but said it would lift yields on…
By Marcela Ayres and Bernardo Caram BRASILIA – Economic advisers to Brazil’s leading presidential candidate are drafting plans for a more aggressive foreign exchange policy, including more market interventions and…
BEIJING – China will keep real estate financial policies consistent and stable, the country’s banking and insurance regulator said on Thursday. An orderly property market will better meet the reasonable…
TOKYO – The Bank of Japan raised its inflation forecast on Thursday, but maintained ultra-low interest rates and warned of risks to the economic outlook in a sign it will…
By Philip Pullella (Reuters) – The Vatican on Tuesday issued an overarching investments policy to ensure they are ethical, green, low-risk, and avoid weapons industries or health sectors involved in…