China Said to Consider PBOC Lending Tool for Helping Local Debt
China’s central bank is considering expanding a new lending tool in an effort to bolster demand for local-government bonds, as policy makers seek to develop a municipal debt market and avoid a credit...
View ArticleDecision-Day Guide: Bank of Korea Seen on Hold Before Fed Meets
The Bank of Korea is widely forecast to maintain its record-low key interest rate Thursday as board members await the Federal Reserve’s policy decision. South Korea’s third-quarter growth picture --...
View ArticlePBOC Opens Taps to China Policy Banks in Bid to Sharpen Stimulus
China’s central bank is turning on the credit taps to its policy banks as it seeks to support the economy by channeling credit to designated areas of the government’s choosing. The Pledged...
View ArticleBank of Korea Unexpectedly Cuts Key Rate to Record Low
(Bloomberg) -- South Korea’s central bank unexpectedly lowered its key interest rate to an all-time low to prevent the nation from falling into deflation and support economic growth. The Bank of Korea...
View ArticlePBOC wading into fiscal policy to bolster economic growth
The mainland central bank is seeking to support economic growth with unconventional tools that Credit Suisse Group and Everbright Securities say look more like fiscal policy. The People's Bank of China...
View ArticlePBOC faces Chinese government debt surge
A surge in China’s local-government debt pile is drawing focus to the central bank’s role in avoiding a credit crunch as policymakers seek to develop a municipal-bond market. Provincial authorities...
View ArticleS.Korea's central bank calls for public consensus before adopting QE
SEOUL, April 29 (Xinhua) -- South Korea's central bank on Friday called for public consensus before adopting the Korean-type quantitative easing, which President Park Geun-hye mentioned the need to...
View ArticleS. Korea cuts policy rate to all-time low of 1.75 pct
SEOUL, March 12 (Xinhua) -- South Korea's central bank on Thursday cut its benchmark interest rate by 25 basis points to an all-time low of 1.75 percent as economic indicators, announced in the past...
View ArticleS. Korea's top banker turns dovish on dimmer growth outlook
SEOUL, July 10 (Xinhua) -- South Korea's top central banker on Thursday made dovish comments after the bank downgraded its growth outlook amid the faltering private consumption caused by the deadly...
View ArticleZombie Companies in South Korea Spur Restructuring Push
Policy makers in Seoul are accelerating efforts to restructure debt-laden and unprofitable companies before an anticipated rise in U.S. interest rates and any further slowdown in China reverberates in...
View ArticleBOK Rate-Cut Bets Risk Outflow as Premium Shrinks: Korea Markets
Bets that the Bank of Korea will cut interest rates for a second time this year have slashed the yield premium on the nation’s bonds to a seven-year low, risking an outflow from won debt. The extra...
View ArticleSouth Korea Hops on Rate-Cut Bandwagon With Quarter-Point Move
(Bloomberg) -- South Korea’s central bank cut its key interest rate to an all-time low to counter slowing inflation and a weak economic recovery, joining a global wave of monetary easing. The Bank of...
View ArticleKorea Central Bank Rate-Cut Bets Risk Outflow as Premium Shrinks
Bets that the Bank of Korea will cut interest rates for a second time this year have slashed the yield premium on the nation’s bonds to a seven-year low, risking an outflow from won debt. The extra...
View ArticleSouth Korea Has 'Room' to Cut Rate and Sell More Debt, Yoo Says
South Korea has room to lower its interest rate and issue more debt if such expansionary policies are needed to help the economy meet its 3.1 percent growth target for 2016, Finance Minister Yoo Il Ho...
View ArticleS.Korea freezes interest rates amid expectations for rate cut
By Yoo Seungki SEOUL, July 10 (Xinhua) -- South Korean central bank on Thursday put the policy rate unchanged, refraining from altering the rate for 14 months in a row, amid growing expectations for...
View ArticleS.Korea freezes interest rate at record low amid expectations for rate cut
SEOUL, April 19 (Xinhua) -- South Korea's central bank on Tuesday froze its benchmark interest rate at a record low for 10 straight months amid rising expectations for further rate cut caused by...
View ArticleSouth Korea Says Bond Outflow Concern on Fed Is Overblown
The risk of capital outflows from South Korea’s debt market after the U.S. raises interest rates is exaggerated as the majority of foreign investors are long-term funds, the Finance Ministry’s treasury...
View ArticleElection Rout May Scuttle Calls for Bank of Korea Debt Purchases
The election setback suffered by South Korea’s ruling party is expected to undermine its push for more aggressive action by the central bank, including debt purchases, Goldman Sachs Group Inc. and KB...
View ArticleBank of Korea Keeps Rate at Record Low Amid Market Turbulence
The Bank of Korea kept its key rate unchanged Tuesday for an eighth consecutive month as it waits for a clearer picture of first-quarter data and assesses the impact of unstable markets. The decision...
View ArticleBank of Korea Warns Economic Growth Is Poised to Drop Below 3%
Bank of Korea Governor Lee Ju Yeol warned Wednesday that economic growth for 2016 is poised to fall below 3 percent and said the impact of further interest-rate cuts may be limited. The comments come...
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