• Mon
  • Sep 22, 2014
  • Updated: 1:29pm

Stimulus plan

BOJ members divided over ambitious stimulus plan

The minutes of the Bank of Japan's April 26 meeting showed a rift developing within the board over its ambitious stimulus plan, as a few policymakers opposed targeting 2 per cent inflation in two years and called for more flexibility in guiding monetary policy.

Tuesday, 28 May, 2013, 4:50am

Bringing out the big guns

Haruhiko Kuroda followed in the footsteps of Ben Bernanke and Mario Draghi on Thursday as he swung the Bank of Japan from incremental moves to unprecedented stimulus in his first policy meeting as governor.

6 Apr 2013 - 4:36am

China's economy hits turning point

The mainland economy improved more than expected last month after inflation dipped to a 33-month low, reducing the likelihood of "big bang" stimulus measures after the new leadership takes office.

Industrial output expanded 9.6 per cent from a year ago, while consumer inflation decelerated to 1.7 per cent year on year, the National Bureau of Statistics (NBS) said yesterday.

10 Nov 2012 - 5:05am

China has stimulus ammunition, says S&P

Beijing still has plenty of ammunition for stimulus measures, but some companies and banks face considerable risks, according to recent reports by ratings agency Standard & Poor's.

"China has plenty of powder left in its stimulus keg," one report by Tan Kim Eng, a senior director, said.

2 Nov 2012 - 5:30am

Data suggests China's economy is bottoming out

The latest data suggests China's economy has bottomed out. This will have come as a relief to Beijing, and not just because a soft landing would remove a potential threat to stability during the once-in-a-decade leadership change.

20 Oct 2012 - 1:29am

Fears of a free-falling Chinese economy exaggerated

It has been five years since the outbreak of the global crisis. Hopes for a strong and lasting recovery have been hit by new setbacks this year. The euro area, where output is contracting, has suffered the most. However, growth has also decelerated elsewhere.

20 Oct 2012 - 1:29am 1 comment

Japanese PM plans huge stimulus package

Japan's prime minister has instructed his ministers to plan for an economic stimulus reportedly worth up to ¥1 trillion (HK$98.3 billion) as an election hovers into view.

18 Oct 2012 - 3:31am

Politically paralysed, China can't count on its old stimulus magic

Policymakers around the world have long envied China's ability to get big things done.

A huge 4 trillion yuan (HK$4.88 trillion) stimulus plan as the global economy cratered in 2008? No problem. Marshalling banks to lend trillions more? Check. Enacting sweeping regulatory changes at a moment's notice? You bet.

1 Sep 2012 - 3:58am