People's Bank Of China

Chinese home prices rose in June after government authorities took stimulus measures in May and June to boost lending and lower interest rates. Official data showed Wednesday that more major cities in China saw home prices rise in June as compared to May. 25 of 70 cities saw home prices rise in...

The Bank of Korea cut benchmark interest rates unexpectedly Thursday, slashing the rate from 3.25 percent to 3.0 percent. Economists had not been expecting a cut in rates, yet the cut marks the first time the Bank of Korea cut lowered rates since February 2009, citing slowdowns in Europe and Asia...

Chinese manufacturing growth continued to slow in June, according to the China Federation of Logistics and Purchasing. The slowing pace of of China's largest economic sector raises further fears over the health of the Chinese economy. The official Purchasing Manager's Index (PMI) fell to 50.2 in...

The Consumer Price Index in China rose 3.6 percent year-over-year in March, which is higher than February's 3.2 percent reading and higher than the 3.3 percent figure expected by economists. China's inflationary pressures looked somewhat lower since the country's Producer Price Index fell more...

On Wednesday, inflation in the eurozone was reported to have eased. The annual inflation rate in the 17-member currency block dropped from a rate of 3.0% in November down to 2.8% in December. Given the pullback in the rate of inflation, investors may come to anticipate that further easing on the...

Currency traders in 2011 saw immense volatility in the markets, as global uncertainty and sustained central bank intervention lead to a number of shakeups. Although the future is uncertain, conditions appear to be setting up for another wild year in 2012. Here are three predictions on possible...

China has reduced the amount of money banks must set aside in reserve for the first time in over three years. According to Bloomberg, this move is being forced by the continuing debt crisis in Europe which is dimming the outlook for exports and growth. “The move will help ease liquidity after...

The People's Bank of China lifted lending and deposit rates by 25 basis points. The move will bring the one-year deposit rate to 3.5% and the benchmark one-year lending rate to 6.56%.

Look for China to make a Yuan announcement on June 19th. The 19th is the one-year anniversary of the decision by the People's Bank of China to allow the currency to appreciate. According to Bloomberg, TD Securities believes that, while the Chinese may claim to be increasing the trading band on the...

Federal Reserve Chairman Ben Bernanke may be engaged in a subtle act of economic warfare. It appears as though he is exploiting a fault in Chinese economic policy for the benefit of the United States. A Korean economist named Ha-Joon Chang wrote a book ten years ago titled "Kicking Away the Ladder...

There is growing evidence that some of the world's major developing economies might be overheating. China and Turkey in particular. China has been experiencing rapid economic growth for nearly the whole of the previous decade. The Shanghai composite index is up over 100% since 2005, and roughly...

Billionaire George Soros spoke at a conference in Oslo, Norway on Tuesday. In his speech, he remarked that there was growing evidence that the Chinese government was losing control of the economic situation in the country. Soros stated that it appeared as if wage price inflation was beginning to...

In China, for the month of May, money growth reached a 30-month low. Loan creation slowed, and the M2 money supply expanded at its slowest rate, according to Reuters. The People's Bank of China has been actively working to slow the expansion in the money supply. Quantifying the total amount of "...