• Thursday
  • April 17, 2014
  • Last updated: 1:01am
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 680 for pboc

Related topics matching your search

Search results

  1. Business - Money

    China's central bank drains 24b yuan for week

    Posted Nov 22nd 2012, 12:06pm by Reuters in Shanghai

    ... Reuters in Shanghai China’s central bank will inject 89 billion yuan (US$14.29 billion) into the money markets through reverse bond repurchase agreements on Thursday, traders said, meaning it will drain a net 24 billion yuan from the market this week. The People’s Bank of China (PBOC) injected 46 billion yuan through seven-day reverse repos and 43 billion yuan through 14-day reverse ...

  2. Business - Economy

    PBOC at the ready on growth goal: chief

    Posted Apr 12th 2014, 12:59am by Kwong Man-ki

    ... Kwong Man-ki in Boao, Hainan phoenix.kwong@scmp.com Zhou Xiaochuan says the central bank will launch minor measures if mainland's economic expansion drops below Beijing's target range PBOC at the ready on growth goal: chief The mainland's central bank will roll out minor measures if economic growth falls below the range targeted by the central government, ...

  3. Business - Banking & Finance

    Economist Ma Jun quits Deutsche Bank to join PBOC

    Posted Apr 10th 2014, 01:01am by BLOOM

    ... Bloomberg in Beijing Economist looking forward to aggressive changes in next phase of economic reform Deutsche Bank's Ma Jun joins PBOC Deutsche Bank economist Ma Jun is joining ... Deutsche's projection later fell to 7.8 per cent. The PBOC last year played "the critical role" in China's most fruitful year of financial reforms, including abolishing controls ...

  4. Business - Banking & Finance - REGULATION

    PBOC tightens screws on internet finance

    Posted Mar 18th 2014, 01:11am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Central bank is reportedly looking to cap transfers via third-party accounts at 1,000 yuan as it increases controls on the booming sector PBOC tightens screws ... An official in the PBOC's news department said he was unaware of the report. Tencent declined to confirm the reports and an Alibaba Group spokesperson said they were not able to comment ...

  5. Business - Banking & Finance - REGULATION

    PBOC halts plans by Tencent, Alibaba for virtual credit cards

    Posted Mar 14th 2014, 02:39pm by Victoria Ruan and Sophie Yu

    ... Victoria Ruan in Beijing and Sophie Yu Central bank 'temporarily' suspends mobile internet payment products from Tencent and Alibaba due to customer security concerns PBOC halt ... Response (QR) codes offered by the two companies due to security concerns, Xinhua reported, citing a senior PBOC official. More policies will be implemented to perfect regulation ZHOU XIAOCHUAN, ...

  6. Business - Banking & Finance

    PBOC boss says deposit rate liberalisation to take up to two years

    Posted Mar 12th 2014, 02:18am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com PBOC chief Zhou Xiaochuan says move is last step in reform of mainland interest rates Deposit rate liberalisation to take up to two years ... state-owned banks have previously dominated loan pricing and have in past decades reaped huge profits from the gap between lending and deposit rates. The PBOC has removed curbs on lending rates ...

  7. Business - Banking & Finance - BANKING

    Time for PBOC to switch to policy rate system, Yam says

    Posted Feb 17th 2014, 05:38pm by KANIS LI

    ... Kanis Li kanis.li@scmp.com Yam says the existing reserve ratio mechanism is not efficient enough in managing money supply PBOC urged to use policy rate system Beijing should adopt ... letting the Shanghai interbank offered rate act as the key indicator of the availability of credit in the system. "The introduction of a policy rate can send a clearer message from the PBOC ...

  8. Business - Banking & Finance - BANKING

    Volatility in money market rates to persist, says PBOC

    Posted Feb 11th 2014, 01:57am by BLOOM

    ... Bloomberg in Beijing Volatility will reflect mainland central bank's moves to tame and curb credit expansion Swings in money market rates to persist, says PBOC The People's Bank ... even as it leaves some banks and debt providers with funding difficulties. "Interbank rates are exactly where the PBOC wants them to be and higher rates are their way of beginning ...

  9. Business - Economy

    China benchmark money rate quoted at 6.5pc, but comes down fast

    Posted Jul 25th 2013, 11:24am by Reuters

    ... conditions. The People’s Bank of China (PBOC) has refrained from engaging in open market operations since June 20, neither draining nor injecting funds, which traders say has left some smaller ...

  10. Business - Economy

    Scalpel in hand, Chinese Premier Li stirs reform hopes

    Posted Jun 26th 2013, 02:41pm by Reuters

    ... new leaders are willing to stomach economic pain for the long-term good. The People’s Bank of China (PBoC) takes its cue from the government under China’s communist system. It has allowed ... However, unlike in the past when Chinese authorities often stepped in, they resisted doing so this time. Not only did the PBoC ignore complaints from traders about its failure to add cash ...




SCMP.com Account