Bank of Japan offers more liquidity
Globe and Mail (Free subscription) | yesterday
Central bank governor Masaaki Shirakawa says move, which follows intense pressure from the government, is akin to quantitative easing
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Ireland to manage "bad bank" debt burden
Reuters UK (Free subscription) | 5 hours ago
DUBLIN (Reuters) - Ireland faces a heavy but manageable debt burden in coming years after it pays 54 billion euros to cleanse banks' balance sheets via a "bad bank," Irish central bank Governor Patrick Honohan said on Tuesday.
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No cause for concern for UAE banks - cbank
ArabianBusiness.com (Free subscription) | yesterday
Central bank governor tells TV that local banks have proved they can weather the global crisis.
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UAE banks able to weather crisis: cbank governor
Reuters (Free subscription) | 30/11/2009
DUBAI (Reuters) - The United Arab Emirates' central bank governor said on Monday there was no cause for concern about local banks, which he said had proven themselves able to weather the global crisis, the state news agency WAM reported.
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Thailand's Central Bank Said to Seek $1 Billion Selling Stake in Siam City
Bloomberg (Free subscription) | 30/11/2009
Nov. 29 (Bloomberg) -- Thailand’s central bank plans to approach potential buyers including Standard Chartered Plc and Australia & New Zealand Banking Group Ltd. this week for a stake in Siam City Bank Pcl and is seeking about $1 billion, said two people with knowledge of the matter.
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Cyprus Central Bank governor urges spending curb
Boston Globe (Free subscription) | 27/11/2009
Cyprus' Central Bank governor urged the government on Friday to rein in spending in order to head off a burgeoning fiscal deficit that he projected could exceed six percent of gross domestic product over the next two years.
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Mauritius central bank governor staying put
IOL (Free subscription) | 25/11/2009
Mauritius' central bank governor Rundheersing Bheenick has said that he saw no reason to step aside, shortly after a majority of board members at the Bank of Mauritius called on him to go.
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Barbados Central Bank Governor says no need to fear over ratings fall
Caribbean 360 (Free subscription) | 26/11/2009
Barbados' new Central Bank Governor says there's no need to worry about the recent downgrade in the country's economic outlook by rating firm, Standard & Poor's (S&P).
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Re-served
The Sofia Echo (Free subscription) | 27/11/2009
Secret deal between Finance Ministry and central bank on fiscal reserve heads for prosecutors
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Indonesian inflation to reach 3.5% this year: central bank
People Daily (Free subscription) | 24/11/2009
Indonesia's annual inflation rate is predicted to reach 3.5 percent by the end of the year, the acting Indonesian Central Bank Governor Darmin Nasution said here on Tuesday. Darmin said that the annual inflation rate would remain low even though the inflation rates in November and December will be a bit increasing at controllable pace. "The government's move to intensively...
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Indonesian inflation to reach 3.5% this year: central bank
People Daily (Free subscription) | 24/11/2009
Indonesia's annual inflation rate is predicted to reach 3.5 percent by the end of the year, the acting Indonesian Central Bank Governor Darmin Nasution said here on Tuesday. Darmin said that the annual inflation rate would remain low even though the inflation rates in November and December will be a bit increasing at controllable pace. "The government's move to intensively...
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Economists in FP’s Top 100 thinkers list
Mostly Economics (Free subscription) | yesterday
Foreign Policy has put up a list of Top 100 global thinkers. Quite a few economists feature in it. I have tried to categorise them: Central Bank Governor/ Economists 1. Ben Bernanke – for staving off a new Great Depression 9. Zhou Xiaochuan – for reminding the world that we can’t take the dollar for granted. Academia Economists 4. Nouriel Roubini – [...]...
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India’s Economy Expands 7.9%; Fastest in Six...
LATICONOMICS (Free subscription) | 30/11/2009
India’s Economy Expands 7.9%; Fastest in Six Quarters (Update3) By Cherian Thomas and Kartik Goyal Nov. 30 (Bloomberg) -- India’s economy expanded at the fastest pace in 1 1/2 years as manufacturing jumped, giving the central bank room to withdraw more stimulus measures. Gross domestic product grew 7.9 percent in the three months to Sept. 30 from a year earlier after gaining...
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India 3rd Quarter GDP Jumps 7.9%, Fastest in 6 Months. Stimulus Could be Exiting Stage Right
Fund my Mutual Fund (Free subscription) | 30/11/2009
... first "as we all knew". Ahem. As for India, keep in mind unlike Bubble Ben / Alan - the central banker in India actually presses hard on banks to act responsibly (on a relative basis) and pushes hard on bubbles ahead of time. [ Dec 28, 2008: NTY - How India Avoided the Crisis ] The same bubbles Greenanke (they are one and the same man in temrs of policy) claim...
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'Fairer tax system' needed: Fraser
Courrier Mail (Free subscription) | 30/11/2009
AUSTRALIA must adopt a fairer, more progressive tax system through reforms to capital gains tax and negative gearing allowances, former central bank governor Bernie Fraser says.