• Tuesday
  • September 23, 2014
  • Last updated: 1:04pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 11 - 20 of 738 for pboc

Related topics matching your search

Search results

  1. 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 ...

  2. Business - Banking & Finance - CURRENCIES

    PBOC keeps yuan traders guessing as currency rallies

    Posted Jun 11th 2014, 01:15am by BLOOM

    ... Bloomberg in New York Recent gains after five months of declines attest to policymakers' new norm of valuation swings, with central bank tweaks adding to volatility PBOC keeps yuan ... The PBOC's efforts to inject volatility and reduce speculation are gaining traction as currency strategists from Barclays to Westpac Banking disagree on whether the yuan's strength can last. ...

  3. Business - Economy - ECONOMY

    PBOC poised to widen trading band of yuan

    Posted Apr 19th 2013, 12:00am by JANE CAI

    ... the shaky economic recovery and rising inflows of capital. Yi Gang, deputy governor of the People's Bank of China (PBOC), said at an International Monetary Fund conference in Washington the widening of the trading band would come soon. The PBOC controls the yuan's movement by setting a daily rate at which it starts trading. Last April it doubled the trading band to 1 per cent ...

  4. Business - Economy - MARKETS

    Yuan strengthens to highest level against US dollar in 19 years

    Posted Mar 26th 2013, 12:00am by Bloomberg

    ... at 6.2107 per US dollar in Shanghai. The Chinese currency traded at a 0.95 per cent premium to the reference rate, near the 1 per cent limit allowed by the PBOC. Meanwhile, the mainland swap market ... rate to rise. The swap had been lower than the one-year PBOC deposit rate for 16 months. Of 27 economists surveyed this month, 13 predicted higher rates this year, with Credit Agricole, Daiwa ...

  5. Business - Comment - MONITOR

    China's fury at Bank of Japan 'blackmail' makes zero sense

    Posted Apr 08th 2013, 12:00am by Tom Holland

    ... Tom Holland Outrage over Japan's efforts to kick-start its moribund economy gives lie to Beijing's insistence that it doesn't undervalue its own currency China's fury at Bank of Japan 'blackmail' makes zero sense China's ...

  6. Business

    PBOC does 90 bln yuan reverse repos, drains 20 bln for week

    Posted Jan 05th 2013, 11:02am by Reuters in Shanghai

    ... Reuters in Shanghai China’s central bank will inject 90 billion yuan (HK$110 billion) into money markets through reverse bond repurchase agreements on Saturday, traders said, meaning it will drain a net 20 billion yuan from the market this week. The People’s Bank of China (PBOC) will make the injection of 90 billion yuan through five-day reverse repos. The central bank delayed its ...

  7. Business - Banking & Finance - DEBT

    New yuan loans fall sharply

    Posted Aug 13th 2014, 12:07pm by Victoria Ruan

    ... People’s Bank of China “Credit supply and social financing growth remained in a reasonable range,” the PBOC said in a statement. It said July has historically been a period of slow credit growth. The PBOC said its monetary stance would stay unchanged, as the central bank would continue to improve the structure of credit while keeping general supply stable. M2, a broad gauge of money supply, ...

  8. Business - Economy - CURRENCIES

    Yuan trade to start in Taiwan in weeks

    Posted Jan 26th 2013, 12:00am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Yuan trade to start in Taiwan in weeks The central bank has appointed Bank of China's Taipei branch to clear yuan transactions in Taiwan, in the latest step to strengthen economic ties between the mainland and ...

  9. News - China - FINANCE

    Wealth management industry distorting economy and needs reform, PBOC official says

    Posted May 11th 2014, 05:25am by Reuters

    ... Reuters in Beijing Industry needs reform as it drives up lending cost and invites gambling, deputy governor says PBOC officialfires warning towealth managers The wealth-management industry ... of the People's Bank of China (PBOC) said yesterday. In an unusually sharp criticism of the rapidly growing wealth-management business, Liu Shiyu said the sector had pushed up funding costs for companies, ...

  10. Business - Banking & Finance

    PBOC pledges flexible action on market liquidity

    Posted May 07th 2014, 01:08am by Victoria Ruan

    ... Victoria Ruan in Beijing victoria.ruan@scmp.com Central bank also says it will reform interest rate system and improve pricing mechanism PBOC pledges flexible action on market liquidity ... overcapacity in some sectors remains serious, restrictions from resources and environment are getting more prominent, and potential risks merit high attention." The PBOC said it aimed to ensure ...




SCMP.com Account