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  1. Depositors the winners from rise in rates

    Posted Jul 08th 2011, 12:00am

    ... rise will help correct this, stemming a decline in bank deposits and tempering off-balance sheet activity, said Liu Ligang, head of China economics at ANZ Bank. Credit-related wealth management products, which effectively help banks free space on their balance sheets to enable more lending, have steadily gained popularity among investors who seek alternatives to low-return bank deposits ...

  2. Food price rise pushes inflation to 27-month high

    Posted Jun 13th 2007, 12:00am by Cary Huang

    ... policy in the coming months given heightened inflation risks and negative real interest rates,' Ms Liang said. She expected the central bank to increase lending and deposit rates twice before the end of the year, by 27 basis points each time. Qu Hongbin, chief China economist with HSBC, said the central bank needed to raise interest rates to keep real deposit rates in positive ...

  3. Hard landing fears as loans plunge in May

    Posted Jun 14th 2011, 12:00am

    ... higher. The central bank has raised deposit and lending rates four times since September in an attempt to curb inflation, and regularly raised banks' reserve requirement ratios- the amount of cash, as a percentage of deposits held, that banks must deposit at the central bank to hedge against risks. 'Based on the situation in previous years, loans in the second half ...

  4. They can't print money fast enough, the price hounds cry

    Posted Dec 18th 2010, 12:00am by Minnie Chan

    ... will definitely go up. My poor bank deposit will be further devalued. So when can I buy a house so that I can marry my girlfriend?' Some people even joked that the central government should use gold ...

  5. Power price pressure calls for balancing act

    Posted Jul 26th 2007, 12:00am by Staff Reporter

    ... not publicly conceded that the economy is overheating, although the government has reacted to the latest economic data by raising interest rates and cutting taxes on bank deposits to curb speculation ...

  6. Comment - Insight & Opinion - JAKE'S VIEW

    iBonds are little help in easing inflation and a bad bet financially

    Posted May 19th 2013, 12:00am by Jake Van Der Kamp

    ... inflation or a minimum of 1 per cent. Given that bank deposits over the past four years have carried interest rates averaging between zero and nothing while the CPI has averaged 3.2 per cent year ... less for a bank deposit. And you won't have to wait for three years. These iBonds will be listed on the stock market. It's a no-brainer to calculate that their value will immediately ...

  7. Higher deposit rates the solution, not stronger yuan

    Posted Dec 28th 2007, 12:00am by Tom Holland

    ... will not be able to make up for higher wage costs, and higher broad-based inflation will follow. The danger now is that with bank deposit rates lower than the inflation rates, consumers have every ... is not for China to tinker with the yuan's exchange rate but for the central bank to jack up deposit rates aggressively so they provide a real return above the inflation rate. The alternative could ...

  8. Central bank acts to prevent overheating

    Posted Aug 24th 2003, 12:00am by Wang Xiangwei

    ... of overheating, by raising reserve requirements for banks and other deposit-taking financial institutions to stave off inflation and reduce lending risks. The People's Bank of China (PBOC) said the ratio of deposits commercial banks must place with the central bank would be increased to 7 per cent from 6 per cent, effective from September 21. This means about 150 billion yuan (HK$141 ...

  9. No mystery behind our vanishing billions

    Posted May 05th 2004, 12:00am by Jake Van Der Kamp

    ... to government revenues. Bank deposits pay interest and therefore the government should have an interest income, too, from the money it has placed with the Exchange Fund. This was the thinking before ... by then and, even if it had been true, it would only have put the government in the same boat you were in. For more than 10 years up to 1998 no bank deposit paid interest higher than the rate ...

  10. NDRC director predicts slower rise in prices

    Posted Jul 26th 2007, 12:00am by Cary Huang

    ... on interest income to 5 per cent from 20 per cent, effective August 15, boosting the returns on bank deposits. The central government has targeted gross domestic product growth of 8 per cent ... 'Of the 3.2 per cent rise in the CPI in the first half of the year, the food price spike contributed 2.5 per cent, to 78 per cent of the increase,' Mr Cao said. The People's Bank ...




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