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  1. IMF eases stance on currency peg in HK

    Posted Jul 25th 2003, 12:00am by Staff Reporter

    ... Kong's currency peg to the US dollar in the light of changed economic circumstances. Increased international competition and a global economic downturn have led the fund, historically a strong supporter of the fixed exchange rate system, to conclude that a new approach to currency management is warranted. The IMF's view of the peg has changed due to the 'cyclical and structural ...

  2. Sell-off peril for Asia-currency bonds

    Posted Nov 14th 2003, 12:00am by Staff Reporter

    ... Bei Hu The risk premiums in six regional economies, except HK, are deeper in negative territory than US government debts The low yields of long-term local-currency bonds underestimate most Asian economies' future growth and inflation and risk triggering a bond sell-off, a Deutsche Bank analyst has warned. However, Asian countries' sizeable foreign-currency reserves could ...

  3. Latest currency relaxation another advance... in theory

    Posted Sep 22nd 2005, 12:00am by Louis Beckerling

    ... Louis Beckerling Foreign banks operating in the mainland this week began offering yuan forward contracts to their corporate customers in China following the latest relaxation of currency ... on the great (and long) march to a freely floating currency. But don't expect that destination to be reached any time soon, bankers observe. If anything, the sedate and measured pace at which ...

  4. How should investors approach investing in bonds in the context of rising interest rates, rising inflation and the euro-zone crisis?

    Posted Jun 13th 2011, 12:00am

    ... headwinds such as an anaemic US economy and the debt crisis brewing in Europe. 'That said, we believe Asian bond investors are being compensated for these risks by, in most cases, valuations that are generous,' says Moore. He notes that credit spreads in Asia are roughly double their pre-financial-crisis levels, which he says is difficult to justify on fundamental grounds. He says demand ...

  5. For some bankers it is as if the financial crisis never happened

    Posted Nov 17th 2010, 12:00am by Tom Holland

    ... consequence of the financial crisis was supposed to be the irreversible decline of the US dollar as the currency of choice for denominating international trade and foreign reserves. A number ... currencies were added. Once again, the crisis appears to have changed nothing. ...

  6. News - China - FINANCE

    Savers boosting bitcoin demand in China, exchange says

    Posted Nov 15th 2013, 05:26pm by Agence France-Presse in Singapore

    ... created in 2009 in the aftermath of the global financial crisis by an anonymous programmer who wanted a currency independent of any central bank or financial institution. The price of a bitcoin ... Agence France-Presse in Singapore Bitcoins, the unofficial online currency units created as an investment instrument independant of banks, are booming on the mainland A co-founder ...

  7. Only Europe can solve its debt crisis

    Posted Sep 16th 2011, 12:00am

    ... to tackling the worsening euro-zone debt crisis- and preserving the currency union- is for the European Union to develop a coherent strategy for an orderly resolution that meets the concerns ... China has a vital interest in preserving the stability of the euro zone amid a sovereign debt and banking crisis. And it has the means to buy up debt to boost market confidence. ...

  8. Debt forgiveness only way to end Greek crisis

    Posted Jun 28th 2010, 12:00am by Michael Pettis

    ... Michael Pettis The Greek crisis, and the speed with which the consequent fear has spread to other European countries- notably Portugal, Spain and, most worrying of all, Italy- seems for many analysts to be unprecedented. It is hard, they say, to know how the crisis will eventually end. But in fact there is a lot of historical precedent that allows us to make some reasonable ...

  9. Worldwide co-ordination is key to financial crisis

    Posted Oct 08th 2008, 12:00am by Staff Reporter

    ... the move. The South Korean won has plunged the most of all major currencies and the country's leading banks are facing a foreign currency liquidity shortage of crisis proportions. ... Financial contagion may be a metaphor, but it certainly feels like a physical threat at the moment. The global credit crisis that started in America has spread to Europe. After ...

  10. A brief history of crisis

    Posted Nov 21st 2011, 12:00am

    ... the party that was going on in the developed world before the 2008 financial crisis. That hangover is indebtedness inside the developed world. The euro-zone crisis is clearly a reflection of that, ... look very attractive. Why were governments in developed countries so willing to get into debt prior to the current crisis? This was related to various wars they were fighting and funding. ...




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