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Results 1 - 10 of 12 for dutch bank ING

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  1. Higher ground

    Posted Aug 08th 2011, 12:00am

    ... in domestic politics, several reform initiatives, including liberalising prices of utilities, have been put on the back burner. Last December, the central bank hinted at a speedy breakthrough in liberalising interest rates as part of factor-price reform. But this is now on hold because the government fears it would further unsettle investors' confidence in Chinese banks. While the banks ...

  2. Is ditching US peg a basket-case idea?

    Posted Jun 25th 2012, 12:00am

    ... But Yam's replacement, HKMA chief executive Norman Chan Tak-lam, for one, does not like the Singapore model, saying Singapore has a problem with inflation despite using a basket. Tim Condon, ING Bank's Asia research head and a former external adviser to the HKMA-funded Hong Kong Institute for Monetary Research, agrees. Singapore and Hong Kong had the highest inflation in Asia, at 5.6 per ...

  3. Easing expected as inflation slows

    Posted Dec 10th 2011, 12:00am

    ... established downward trend has removed constraints for further policy easing,' said Tao Wang, chief China economist with UBS Securities. Last week, the central bank cut the reserve ratio requirement (RRR) for banks- the amount of money they must deposit with the central bank and not lend out- in what economists expect will be the first of a string of measures to loosen macroeconomic ...

  4. Beijing's mixed economic stance divides analysts

    Posted Jul 12th 2011, 12:00am

    ... the government initiated a series of tightening measures since last year. The central bank raised the reserve requirement ratio (RRR) six times in the first half of this year alone, ordering banks ... 'grasp the direction, strength and rhythm of its macroeconomic policies' as the economic development gets 'complicated' with several uncertain factors. However, central bank chief ...

  5. Economic chiefs put rate rise on hold

    Posted Apr 17th 2004, 12:00am by Mark O'Neill

    ... and attended by the heads of some of the world's biggest banks. 'Inflationary pressures have been gradually growing,' Deputy Finance Minister Li Yong told the audience. 'The ... investments were happening in some sectors of the economy, singling out steel and aluminium. People's Bank of China governor Zhou Xiaochuan said it had not ruled out raising interest rates ...

  6. More tightening likely as capital spending rises

    Posted Apr 18th 2007, 12:00am by Cary Huang

    ... Cary Huang in Beijing Bank liquidity fuels outlays The mainland's capital spending in urban areas, a key driver of the world's fourth largest economy, picked up speed last month, ... in capital spending (spending on items with a useful life of more than one year) is being fuelled by excessive liquidity in the banking system. Economists expect the government to soon introduce ...

  7. Cheung Kong to trim back flat prices

    Posted Sep 23rd 2005, 12:00am by Dennis Eng

    ... units at its Metro Town project in Tseung Kwan O by between 5 and 8 per cent due to poor response from buyers. The move comes as Standard Chartered Bank, Bank of East Asia and at least nine other banks announced yesterday they would raise their prime rates by 50 basis points to 7.25 per cent. The increase, effective today, is double the latest US federal funds rate rise. Since June ...

  8. Balance key as Beijing tackles inflation, growth

    Posted Apr 17th 2008, 12:00am by Cary Huang

    ... forecast for two more interest rate hikes of 27 basis points each this year because of the elevated inflation risks.' Prakash Sakpal, an economist at ING Asia, said the central bank would ... in the first quarter of this year, faster than estimated, while inflation climbed almost the quickest in 11 years, prompting the government to order banks to set aside more money to slow lending. While ...

  9. Hibor hits a record low on fund flow

    Posted Oct 08th 2003, 12:00am by Staff Reporter

    ... players were concerned the strong liquidity would push lending rates to below zero, generating instability in the banking system. But economists brushed off the possibility, saying the HKMA would ... Kong forward contract. Despite an expected narrowing in the rate differentials, the Hibor was expected to trade at a discount to the Libor, given the relatively weaker US dollar, ING Financial ...

  10. Asset inflation alert for investors

    Posted Dec 14th 2003, 12:00am by Chris Oliver

    ... surplus, without drama. As a house view, the investment bank remains overweight in Thailand, India, Malaysia and Taiwan; it is underweight in Australia, Korea and Hong Kong. Expected to help fuel asset demand is an estimated US$2 trillion that has been added to cash deposits throughout Asia since the financial crisis swung into high gear in 1998, bringing total bank deposits to US$4.5 ...




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