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Global imbalances and petrodollars
Research published by the International Monetary Fund explores oil exporters' role in our understanding and the resolution of global imbalances.
Malaysia steps up liberalisation agenda
Bank Negara Malaysia on Monday announced a raft of measures to further liberalise the country's financial markets.
FDIC's Bair condemns too big to fail
The idea of banks being too big to fail should be consigned to history, Sheila Bair, the head of the Federal Deposit Insurance Corporation (FDIC), the American regulator, has said.
Iceland's Oddsson says he did spot flaws
David Oddsson, the former governor of the Central Bank of Iceland who presided over the country's financial meltdown, has said he did warn of the dangers posed by the country's over-reliance on the banking sector.
Nigeria signs pact to host African central bank
Africa has moved another step closer to establishing a continental central bank after Nigerian lawmakers and African Union officials signed a memorandum of understanding to house the regional hub in Abuja, the country's capital.
Nepal Rastra Bank - Annual Report 06/07
Economic growth in Nepal remained weak in 2006/07, the country's central bank said in its latest Annual Report.
Philippines' Tetangco mindful of inflation
Monetary policy in 2009 will continue to pursue prudent rate movements mindful of price stability as the primary mandate, Amando Tentangco, the governor of the Central Bank of the Philippines, has said.
Malaysia's Zeti on how to foster SME growth
In this highly challenging environment, small- and medium-sized enterprises need to initiate their own measures to achieve greater cost efficiency and to enhance productivity improvements, Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, has said.
Inflation targeting: its roots and rationale
Research published by the International Monetary Fund uncovers the intellectual origins and reasons for inflation targeting.
Bank publishes first QE quarterly
Quantitative easing by the Bank of England has succeeded in reducing gilt yields, and narrowing spreads on commercial paper and corporate bonds, but the Bank on Monday cautioned that it will take some time to determine the full effect of its purchases.
ECB council members signal May cut
Two of the members of the European Central Bank's (ECB) Governing Council have signalled that the central bank will cut again next month and may introduce further measures to soothe credit conditions.
Beijing steps up calls for global monetary reform
Chinese officials reiterated calls for the reform of the international monetary order over the weekend.
Geithner NY Fed diaries made public
The daily schedule of Tim Geithner, the US treasury secretary, during the final two years of his stint at the helm of the New York Fed has been released into the public domain.
DSK notes discord on exit strategies
Public officials are divided on how best to abandon crisis-fighting policies once economies recover, Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF), has said.
China stockpiling gold
China has increased its gold reserves by 76% since 2003, said Hu Xiaolian, a vice president of People's Bank of China and the administrator of the State Administration of Foreign Exchange, on Friday.
PBOC - China Payment System Development Report
Payment services tended to be diversified and increasingly market-oriented in 2007, notes the latest China Payment System Development Report from the People's Bank of China.
Japan's Shirakawa: macroprudential view crucial
It is becoming increasingly important for policymakers to sharpen macroprudential perspectives, said Massaki Shirakawa, the governor of the Bank of Japan.
Fed's Hoenig: no firm is too big to fail
Thomas Hoenig, the president of the Kansas City Federal Reserve, has said that no firm is too big to fail.
RBI's Mohan wants rethink on asset-price bubbles
The relationship between monetary policy and asset prices needs to be revisited, said Rakesh Mohan, a deputy governor of the Reserve Bank of India.
EU devises new rules for rating agencies
The European Parliament on Thursday approved a batch of rules aimed at enhancing the transparency and performance of credit rating agencies, under fire for their role in the crisis.
ECB wants more info on collateral - report
The European Central Bank (ECB) could toughen up its collateral rules by forcing banks to disclose more detail about the instruments provided in return for the Frankfurt-based institution's funds, say reports.
Fed reveals Maiden Lane assets
In a bid to enhance transparency, and in doing so appease anger on the Hill, the Federal Reserve on Thursday released information about the assets it holds of American International Group (AIG), the beleaguered insurer, and Bear Stearns, a now-defunct…
Swiss economy to take 3% hit - SNB's Roth
Jean-Pierre Roth, chairman of the Swiss National Bank, has said that GDP this year is expected to contract by 3%, suggesting a less severe recession than in Germany or the United Kingdom.
Bernanke, Paulson forced Merill deal: BoA chief
Ben Bernanke, the chairman of the Federal Reserve, and Hank Paulson, a former US treasury secretary, have been accused of pressurising Bank of America to go ahead with their takeover of investment bank Merrill Lynch after they attempted to back out of…