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10 won coins to become less visible
SOUTH KOREA - The Bank of Korea (BOK) said on Tuesday that fewer 10 won coins will be available in the Korean market this year.
Green shoots of recovery may be on the way
US - Alan Greenspan continued his new optimistic mantra that the U.S. economy is pulling out of its slump and pointed out that even employment, one of the last indicators to rebound, is showing signs of life.
ECB optimistic about euro zone upturn, inflation
GERMANY - The European Central Bank on Thursday again voiced confidence the euro zone economy had bottomed out and the region's growth should gradually return to full speed before the end of the year.
The road to the euro for Eastern Europe
FEATURE - Eastern European states are not only on course to join the European Union but will also join the European single currency in the years to come says a report by Reuters.
Sabirin verdict - Bank Indonesia suspect foul play
FEATURE - Sjahril Sabirin, the governor of Bank Indonesia, has been accused of corrupt practices; Bank Indonesia is suggesting that the courts are guilty of the same crime. The bank alleges that underhand methods are being used to ensure its governor's…
ECB Monthly Bulletin March 2002
REPORT - The European Central Bank published its March 2002 Monthly Bulletin on 14 March.
IMF Press Briefing, 13 March
PRESS BRIEFING - Transcript of a Press Briefing by Thomas C. Dawson, Director, External Relations Department, International Monetary Fund, London, 13 March.
Speech by Fed Chairman Alan Greenspan, 13 Mar
SPEECH - Greenspan gave a speech titled 'The U.S. Economy' on Wednesday in which he repeated that U.S. economic activity was improving, and urged a greater emphasis on savings to improve the long-term vitality of the expansion.
Speech by T Latter, Deputy Chief Exec HKMA, 12 Mar
SPEECH - In the speech titled 'Why blame the peg?' Latter defended Hong Kong's association with the US dollar saying that the Hong Kong dollar's peg to the U.S. currency was "the most appropriate monetary anchor for Hong Kong."
Tokyo sees light at end of tunnel
JAPAN - Japan's longest recession since 1993 may be slowly coming to an end as inventories are run down and companies gear up for a faster-than-expected US and European recovery, according to Heizo Takenaka, economics minister.
James Tobin, Keynesian economist of first rank
OBITUARY - James Tobin, the most influential Keynesian theorist of his generation, who became famous for his proposed tax on currency trading, has died aged 84.
Are we in recession? No we're on the planet Pluto
US - Amid the was it or wasn't it debate about the U.S. recession, a senior Federal Reserve official has coined a new phrase for the economic downturn that began last March, dubbing it: "the Pluto recession."
Speech by William Poole, St Louis Fed Bank, 8 Mar
SPEECH - In the speech titled 'The Role of Finance in the Investment Bust of 2001' Poole likens the current recession to the coldness of space and the planet pluto in particular. Are we in "the pluto recession"? "The astronomers argue about whether Pluto…
Speech by Yutaka Yamaguchi, Bank of Japan, 7 Mar
JAPAN - In the speech Yamaguchi offers his views on systemic risk conceding that he may have raised more questions than provided answers for central banks. He stresses that central banks must continue to pursue these issues to discharge their…
Arthur Grimes appointed to NZ c bank board
NEW ZEALAND - New Zealand's Finance Minister Michael Cullen said Wednesday that Arthur Grimes, one of the country's leading monetary policy specialists, had been appointed as a non-executive director of the Reserve Bank for a term of five years.
Chile central bank cuts rates 75 bp to 4.75%
CHILE - Chile's Central Bank lowered its benchmark monetary policy lending rate 75 basis points to a nominal 4.75% at a monthly policy making meeting Tuesday.
RBA's Macfarlane to give speech on 22 March
AUSTRALIA - Reserve Bank of Australia Governor Ian Macfarlane has two speeches scheduled in coming weeks, his first public outings since December.
China raises gold prices in unscheduled move
CHINA - China's central People's Bank of China (PBOC) raised domestic buying and selling prices of 99.99 percent pure gold by an average of 1.42 percent on Wednesday, an unscheduled move outside its regular weekly fixing.
ECB's Noyer questions strong dlr after US tariffs
FRANCE - European Central Bank Vice President Christian Noyer on Wednesday said the U.S. dollar was over valued against the euro and suggested new U.S. steel tariffs were the latest evidence of this.
Central bank independence should be preserved-IMF
UK - The IMF on Wednesday criticised moves in Israel and Poland to limit the independence of their central banks.
Indonesia c bank gov still in post despite verdict
INDONESIA - Indonesian central bank governor Sjahril Sabirin is still in charge of the institution despite being convicted on Wednesday of graft, as an appeal process has yet to take place, a senior official said. Sabirin was not taken into custody.
Indonesia court convicts c bank gov of graft
INDONESIA - An Indonesian court on Wednesday sentenced central bank governor Sjahril Sabirin to three years in jail for corruption over a long-running banking scandal, Reuters reports.
EMU: The End of the Beginning
RESEARCH - 'Hot topics' from the Dallas Fed. This provides a look at the European economic and monetary union so far and covers the introduction of the euro banknotes and coins. Also looks at what the future may hold for EMU.
China's central bank chief unfazed by debt
CHINA - The governor of China's central bank, Dai Xianglong, acknowledged for the first time yesterday that national domestic debt is much higher than official yardsticks have so far indicated, but he said reform and economic growth would alleviate the…