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RBA's Stevens on finance and the ageing population

In the speech 'Finance and the ageing population' given on 16 November Glenn Stevens of the Reserve Bank of Australia said Australia's finance players will need to be innovative in creating new investment opportunities for the nation's growing ageing…

China to push currency reform

China will continue with market-orientated currency reforms while keeping the exchange rate of the yuan basically stable, said Su Ning, a vice-governor of the People's Bank of China on Thursday 17 November.

Record central bank gold sales forecast

London-based GFMS is forecasting record net gold sales by central banks in 2005 of about 700 tons, up from over 500 tons in 2004, GFMS Executive Chairperson Philip Klapwijk said on Tuesday 15 November.

India's PM calls for Asia growth push

India's Prime Minister Manmohan Singh has asked South Asian nations to show the resolve and maturity to grasp opportunities to become a major engine of growth for the global economy.

UAE central bank to host financial conference

The UAE Central Bank will organise a regional conference between November 19 and 21 on "investigating and prosecuting advanced financial crimes", in collaboration with the US Department of Justice and Middle East North Africa Financial Action Task Force.

BIS's Knight on central bank independence

In the speech 'Central bank independence - what role does it play in shaping Mexico's economy?' given on 15 November Malcolm Knight of the BIS said discusses the role of the Banco de Mexico's legal and governance arrangements in Mexico's post-crisis…

Trichet on developing the work and tools of CEIOPS

In the speech 'Developing the work and tools of CEIOPS: the views of the ECB' given on 16 November Jean-Claude Trichet of the ECB warned that pension funds and insurers could be sources of vulnerabilities that could spread "contagion" in the wider…

Canada's Dodge on economic & financial efficiency

In the speech 'Economic and financial efficiency: The importance of pension plans' given on 9 November David Dodge of the Bank of Canada said Canada must correct flaws in its pension system to encourage more risk-taking and boost the economy's potential…

ECB's Issing on addressing global imbalances

In the speech 'Addressing global imbalances: the role of macroeconomic policy' given on 4 November Otmar Issing of the ECB said structural reforms in Europe and Japan may help to promote growth and resilience and are in the countries' own best domestic…

Comment: Bold plan for FX reserves

Sometimes unique policy dilemmas require unorthodox policy responses. A recent IMF discussion paper offers a bold suggestion for central banks facing increasingly sharp trade-offs related to the management of their foreign exchange reserves.

Is cb independence all it's cracked up to be?

The article "Is central bank independence all it's cracked up to be?" written by Joseph Stiglitz and published on Tuesday 15 November says as Alan Greenspan departs, he leaves behind a heavily burdened US economy that is already contributing to global…

Yosano downplays BOJ criticism

Japan's economic and fiscal policy minister Kaoru Yosano downplayed criticism Tuesday 15 November within the government over the Bank of Japan's plan to explore an end to its ultra-loose monetary policy.

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