China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...
Global gold demand totaled 1,290 mt in the first quarter, up 21% from 1,070 mt a year earlier, as the biggest quarterly inflow into exchange-traded funds since 2009 offset a steep decline in jewelry demand, the World Gold Council said in a ...
Tags: gold demand, gold
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
In order to breath life into the flagging euro zone economy and fending off deflation, The European Central Bank is poised to announce a plan to buy government bonds, resorting to its last big policy tool. Market expectations are sky-high ...
More steps necessary to reverse trend, says government think tank China may need more time to reverse the current economic downturn than previously expected, and further measures are necessary to prevent an accelerated cooling, a leading ...
Tags: economic downturn, China economy
State Council decides to allow up to 300 billion yuan to be invested from social security fund China is to allow up to 300 billion yuan (nearly $48 billion) from the nation's social security fund to be invested in local government bonds ...
With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble
The German economy is on the verge of an upturn driven by domestic demand. The improving global economic climate and decreasing uncertainty are fuelling investment. Private consumption is benefitting from favourable employment and income ...
The global financial crisis cast a large shadow over the Chinese financial system, prompting already conservative regulators to adopt a more rigorous, and by extension slower approach to reform. Yet there are also skeletons from ...
Tags: Government Bond Futures
A forthcoming audit of overall government debt in China is expected to reveal the status quo of growing government debt and its potential risks amid the country's economic slowdown. The planned nationwide audit follows a previous one ...
Tags: Gov't Debt
China sold US$2.1 billion in government bonds in the Hong Kong market on Wednesday despite the recent cash crunch in the mainland money market that spooked investors this week, Reuters reported. Demand for the yuan-denominated bonds was ...
Tags: HK Bond Market, cash crunch
The Australian dollar continued to fall today, sparking the biggest one-day sell-off in government bonds since the turmoil in global markets that followed the collapse of US investment bank Lehman Brothers in late 2008. Bond traders said ...
The Aussie fell after the central bank left the door open for more interest rate cuts and forecast the currency might fall further as commodity prices slide. The minutes of the Reserve Bank of Australia's policy meeting on June 4 showed ...
Fears of a possible global slowdown as US money printing tapers off sent Asian markets into a tailspin yesterday, pulling the Australian equities market back towards a level that has all but wiped off the gains it has made this year. ...
Tags: Asian Markets
The unveiling of Prime Minister Shinzo Abe's long-awaited growth strategy did little to stem the recent slide in Japanese stocks, with the Nikkei 225 closing down 3.8 per cent yesterday. And analysts warned that the measures announced -- ...
Tags: Abenomics, Growth Strategy