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While officials at the International Monetary Fund (IMF) said it was too early for nations to exit their stimulus policies, opinions elsewhere are mixed on which way is the right course. IMF Managing Director Dominique Strauss-Kahn said recently that...
Tags: stimulus packages, stimulus measures, central banks, IMF, United States, billion dollars, Japan, China, Xinhua
Probably the only real surprise about the surge in gold prices over the last few months is that it took so long to arrive...This week, the price is heading down, dropping below $US1200. Chalk that up as a victory for the gold skeptics, who regularly point...
Tags: central banks, rise price, Australia, Sydney, Gold standard, Business Finance, Inflation, Inflation targeting, Real interest rate, Banking, Monetary policy
One of them will emerge triumphant from a protracted legislative battle on Capitol Hill, with big consequences for the way the world’s most powerful central bank does business. The first is the Bernanke/Geithner model, advocated by the Fed chairman and...
Tags: Federal Reserve, monetary policy, broad fed, narrow fed, banks supervision, central banks, fed model, systemic risk, financial stability, United Kingdom, London
European Central Bank President Jean-Claude Trichet called again Monday for a strong dollar and a higher value for Asian currencies, days after the euro hit a year-high against the dollar. The 16 nations that use the euro believe their currency is overvalued,...
Tags: ECB, Asian, president jean, Jean-Claude Trichet, Belgium, Brussels, Business Finance, European Central Bank, Group of Thirty, Euro, Central bank, Central banks, Management, Bankruptcy, Credit, Pound sterling, Financial crisis, Currency, Finance, United States dollar, International status and usage of the euro, Bank, Restructuring, Frankfurt, Bailout, Economy of the European Union, Debt, Market liquidity, Eurozone, Financial markets
Australian goldmining shares are slowly catching up with historically high international gold prices, and should keep rising, according to one technical analyst's view of the index. The index of 28 gold companies listed on the Australian Securities Exchange...
Tags: central banks, Mr Shelley, Russia, Moscow, United States dollar, Business Finance, Gold, Methods of investing in gold, Ounce
Anglo Irish Bank 's head of lending in Ireland has become the latest top executive to signal his intention to leave the bank. Pat Whelan, who has been with the group for over 20 years, stepped down from the group's board a month after its nationalisation...
Tags: Patrick Honohan, Ireland, Mr Honohan, Dublin, central banks, Business Finance, Financial services in the Republic of Ireland, Allied Irish Banks, Bank of Ireland, National Asset Management Agency, S corporation, Garda Sᅢᆳochᅢᄀna, Politics, Types of companies, George Osborne, Anglo Irish Bank hidden loans controversy, Public finance, National Irish Bank, Chief risk officer, Offshore finance, Northern Europe, Financial Regulator, Whelan, Finance, Western Europe, Bank, Republics, Tax, Northern Bank, Financial regulation, Anglo Irish Bank
South Korea's parliamentary committee on Monday approved a bill to expand the Bank of Korea (BOK)'s role in coping with financial instability and investigating local financial firms. The bill, revised by the Strategy and Finance Committee of the National...
Tags: central banks, South Korea, Seoul, Financial Supervisory Service, Bank of Korea, Business Finance, Bank, Central bank, Asian Financial Crisis, Financial Services Commission, Economy of South Korea, Government of South Korea
The visit was a part of the central bank's decision to reach out to villages in remote areas to spread the message of financial inclusion. Kolkata-based UCO Bank [ Get Quote ] adopted the village on the same day. RBI calls it a 'financial outreach' programme,...
Tags: Jalanga, UCO Bank, uco banks, Bhadrak, models village, RBI, central banks, financial services, banks branch, frills account, Peru, Uco, Microfinance, Business Finance, Bank, Financial inclusion, Self-help group, State Bank of India
Vivek Kaul Monday, December 7, 2009 3:52 IST The process by which banks create money is so simple that the mind is repelled. -- John Kenneth Galbraith How did the modern system of money evolve?...Central banks, credit bubbles and the efficient market....
Tags: central banks, gold coins, cooper writes, commercial banks, India, Mumbai, Money, United States dollar, Monetary economics, Business Finance, Gold, Banknote, Monetary policy, Currency, Economic anthropology
Heinz Lison is a businessman in the western city of Muelheim and president of a regional federation of metallurgy and electronic SMEs that counts more than 700 members. Germany's SME sector is the backbone of Europe's biggest economy but many, he says,...
Tags: billion euros, Angela Merkel, Germany, ECB, central banks, Heinz Lison, Berlin, Investment banking, Business Finance, Bank, Commercial bank, Central bank, Subprime mortgage crisis, Federal Reserve System, Financial institutions, Savings and loan association