MANILA, Nov 18 - The Philippine central bank has enough leeway to continue its easy monetary policy and there is no urgency to bring in an exit strategy despite a possible uptick in inflation, Governor...
MANILA, Nov 18 - Philippine central bank Governor Amando Tetangco said on Wednesday that any possible uptick in inflation over fuel price increases would be manageable since there was enough leeway. "We have enough headroom...
JAKARTA, Nov 18 - Indonesia's central bank announced a one-month SBI interest rate of 6.47613 percent in an auction on Wednesday, compared to 6.47706 percent in the previous auction. (Reporting by Telly Nathalia; Editing by...
JAKARTA, Nov 18 - Indonesia's central bank aims to keep inflation below 6 percent next year, its deputy governor said on Wednesday, after earlier forecasting 4-6 percent inflation for 2010. Bank Indonesia expects inflation to...
HSBC Holdings Plc announced Tuesday that the company will join an underwriting group of bonds issued by the Bank of Shanghai, becoming the first foreign bank in China to participate the underwriting of yuan-denominated bonds issued by Chinese financial institutions. The Bank of Shanghai plans to ...
JAKARTA, Nov 18 - Indonesia's central bank said it is looking at limiting foreign ownership of its short-term debt paper, also known as SBI, because of concern about the impact on the rupiah <IDR=> exchange...
JAKARTA, Nov 18 - A deputy Indonesian central bank governor told Reuters on Wednesday it was not yet certain the bank would implement foreign ownership limitations on its short-term debt paper, also known as SBI....
Banks Set Eyes on Overseas Markets
China Agri-Industries Holdings<0606>, one of the leading producers and suppliers of processed agricultural products in China, announced yesterday that it has secured US$250- million five-year loan from seven banks. The banks are BOC Hong Kong (Holdings) Ltd<2388>, Bank of Tokyo-Mitsubishi UFJ,...
FRANKFURT, Nov 17 - Central banks should tighten policy even in the absence of short-term inflationary pressures to avoid credit growth getting out of control, European Central Bank Executive Board member Juergen Stark said on...