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Recent News Headlines : Governor Zhou Xiaochuan
RUSSIAN LAWMAKER KERIMOV STRIKES DEAL TO BUY VOZROZHDENIE BANK
Russian lawmaker Kerimov strikes deal to buy Vozrozhdenie bank sources... READ MORE›
UGANDA READIES FOR ISLAMIC BANKING TAKEOFF, APEX BANK TO PUBLISH RULES
In December, the central bank became an associate member of the Islamic Financial Services Board IFSB, one of the industry's main standard-setting bodies... READ MORE›
Trending News Headlines : Governor Zhou Xiaochuan
VENEZUELANS GIVE UP ON COUNTING PILES OF CASH AND START WEIGHING THEM
For a QuickTake explainer on Venezuela's economy, click here Until now, as the bolivar sank, the government declined to print bigger-denomination bills... READ MORE›
INTEREST RATES ARE ABOUT TO GO UP IN CANADA -- NO, FOR REAL THIS TIME
Instead, the central bank moved in the opposite direction, cutting rates twice that year to bring its rate to 0.5 per cent, where it currently sits... READ MORE›
BUY GOLD NO MATTER WHO WINS THE ELECTION HSBC SAYS
Even the relatively more internationalist Democratic candidate has argued for the renegotiation of longstanding free-trade agreements... READ MORE›
WHAT WILL INDIA DO WITH 23 BILLION WORTHLESS BANKNOTES?
The notes would make a pile 300 times the height of Everest... READ MORE›
LIBYA ON BRINK OF ECONOMIC COLLAPSE
Libya's daily oil production before the 2011 uprising stood at 1.6 million barrels... READ MORE›
DOW AVERAGE RALLIES TO RECORD HIGH AS BONDS TUMBLE ON TRUMP BETS
Traders see an 82 percent chance of rate hike next month, according to federal funds futures pricing... READ MORE›
WORLD FACES WAVE OF EPIC DEBT DEFAULTS, FEARS CENTRAL BANK VETERAN
But Mr White said it would be a good start for governments to stop depending on central banks to do their dirty work... READ MORE›
BANK STOCKS HAVE GAINED $300 BILLION IN 25 DAYS THANKS TO TRUMP
You have to become more cautious, said Daniel Genter, who oversees about 4.2 billion as chief executive officer at Los Angeles-based RNC Genter Capital Management... READ MORE›
BONDS PLUNGE BY $1 TRILLION THIS WEEK AS TRUMP SEEN GAME CHANGER
Yields on U.S. 30-year bonds, which are more sensitive than shorter maturities to the outlook for inflation, jumped the most this week since January 2009... READ MORE›
HOUSING AFFORDABILITY SET TO GET EVEN WORSE NEXT YEAR, BIG BANKS WARN
Mortgage carrying costs to rise 8 percent for new buyers next year, Scotiabank says... READ MORE›
YELLEN SAYS INTEREST RATE HIKE COULD COME 'RELATIVELY SOON'
Pricing in federal funds futures contracts already imply a greater than 95 percent chance of a quarter-point hike... READ MORE›
A $7 TRILLION MOMENT OF TRUTH IN MARKETS IS JUST THREE DAYS AWAY
The exodus has driven up Libor rates as banks and other corporate entities compete to replace the lost funding... READ MORE›
MEXICO'S GOVERNMENT IS WORKING ON A TRUMP CONTINGENCY PLAN
Both the central bank and the finance ministry, asked to elaborate, declined to comment... READ MORE›
AUSTRALIANS MAY SOON STRUGGLE TO MAKE ENDS MEET
Further intensifying the squeeze is a rising cost of living, with electricity prices climbing as much as 20 percent in New South Wales state next month... READ MORE›
WHY NOBODY TRUSTS THE WORLD'S BEST CURRENCY
The regulator in January removed regulations limiting lenders from buying and selling foreign currency outside a 4 percent band on either side of the official exchange rate... READ MORE›
FED RATE-HIKE ODDS APPROACH 100 IN ANTICIPATION OF TRUMPENOMICS
Trump's spending plans are driving speculation the Fed will pick up its pace of rate increases as inflation expectations climb... READ MORE›
OPEC BE WARNED: RUSSIA PREPARES FOR OIL AT $40
Rising 16 percent from current levels by the end of the year, oil's 10 percent decline in March alone amid supply woes is making the market nervous... READ MORE›
BONDS RISE WITH GOLD, YEN AS WEAK CHINA DATA STOKE HAVEN DEMAND
Currencies Japan's currency rose 0.5 percent against the dollar, as the euro briefly fell below 1.10 for the first time since July... READ MORE›
GOLD CAUGHT IN CROSSFIRE AS TRUMP ANGST RUNS INTO RATE CONCERNS
In Singapore, paring the week's advance to 1.7 percent, according to Bloomberg generic pricing... READ MORE›
FED SETS UP MOVE IN DECEMBER WHILE LEAVING RATES ON HOLD
Fed officials revealed growing confidence that inflation is on track to reach their 2 percent target... READ MORE›
EURO 'HOUSE OF CARDS' WILL COLLAPSE, MONETARY UNION ARCHITECT WARNS
One day, the house of cards will collapse, Issing said in an interview with the journal Central Banking... READ MORE›
AFTER 2 HIKES THIS YEAR, BANK OF CANADA STANDS PAT AND KEEPS INTEREST RATE STEADY AT 1%
Bank of Montreal economist Doug Porter says that's because the bank in its statement said it would continue to be cautious about setting monetary policy... READ MORE›
HOW WILL INDIA DESTROY 20 BILLION BANKNOTES?
India's central bank will have to destroy, by one estimate, some 20 billion expired banknotes after it scrapped two high-value denominations... READ MORE›
FED MINUTES POINT TO RATE HIKE 'RELATIVELY SOON'
Kansas City Fed President Esther George, Cleveland's Loretta Mester and Eric Rosengren of Boston dissented at the meeting in favor of higher rates... READ MORE›
STOCKS REBOUND ON CENTRAL BANKS AS EURO, OIL CLIMB
U.S. banks have rallied this week as Federal Reserve chief Janet Yellen reiterated that the central bank's tightening is on track... READ MORE›
WHAT'S HOLDING BACK THE WORLD ECONOMY?
Neither monetary policy nor the financial sector is doing what it's supposed to do... READ MORE›
BONDS SLIDE WITH STOCKS AS INFLATION, POOR EARNINGS FUEL ANXIETY
Brent for December settlement dropped 1.4 percent to 52.41 a barrel on the London-based ICE Futures Europe exchange... READ MORE›
BANK OF CANADA CUTS ECONOMIC OUTLOOK ON SLOWER HOUSING MARKET, SOFTER EXPORTS
The central bank trimmed its outlook for growth this year to 1.1 per cent, from the 1.3 per cent it had forecast in July... READ MORE›
U.S. STOCKS SLIP ON TECH DROP, DOLLAR UP AFTER FED
The greenback strengthened and 10-year Treasury yields climbed as the Fed suggested the strength of the labor market will ultimately prevail over weakness in inflation... READ MORE›
CHINA BUSTS UNDERGROUND BANKS INVOLVING MORE THAN $148 BILLION
The yuan has depreciated 7.8 percent against the U.S. dollar since the central bank devalued the currency in August last year... READ MORE›