Articles by Yusuf Yassin
Central bank documents stolen from Carney’s car
Bank of Canada governor Mark Carney robbed of bag containing internal central bank papers after car was broken into, central bank says bag was recovered but not known if all documents were retrieved
King’s letter to chancellor highlights inflation uncertainty
Inflation of 3.2% in October prompts Bank of England governor Mervyn King to pen another letter to the chancellor; move highlights high degree of uncertainty
Hong Kong will not abandon dollar peg: HKMA’s Chan
Hong Kong Monetary Authority chief executive Norman Chan says central bank will maintain dollar peg
Bank of Mexico to publish minutes of rate-setting meetings
Release of monetary policy minutes will boost transparency says central bank; rate-setters’ votes not to be disclosed, however
Bank’s Bean points to problems in measuring spare capacity
Bank of England deputy governor Charles Bean says difficulty in measuring spare capacity creates imprecise data
Bank to increase £5 notes in circulation
Bank of England will increase number of smallest banknotes in circulation; will also increase number of automated tellers dispensing the note
ECB calls for law enforcing Sepa migration
European Central Bank says legislative action on migration of Sepa scheme needed as self-imposed deadline will not work
ECB calls for more data to prevent crises
European Central Bank draws attention to information gaps, says broader and more flexible data will aid macroprudential supervision
Bernanke hints at further round of QE
Federal Reserve chairman Ben Bernanke says Fed is prepared for further stimulus
Singapore tightens to spur faster appreciation
Monetary Authority of Singapore tightens policy further to allow for faster appreciation of Singapore dollar
Hungary sets four hour limit for retail payments
National Bank of Hungary issues decree requiring banks to settle electronic payments within four hours; move may cost banks up to $40m, admits deputy
RBNZ reports NZ$111m loss
Reserve Bank of New Zealand makes loss after appreciation in New Zealand dollar, slashes dividend payment to government
Diamond, Mortensen, Pissarides win Nobel Prize
Peter Diamond, Dale Mortensen and Christopher Pissarides share Nobel Prize in economic sciences for work on labour market search frictions
Buba’s Nagel set to replace Sarrazin
Western states pick Bundesbank head of market operations Joachim Nagel to take Thilo Sarrazin’s place on executive board
Vietnam proposes lifting gold ban to stem inflation
State Bank of Vietnam head of foreign exchange Nguyen Quang Huy says restrictions on gold imports may be lifted if domestic prices are unsustainable; move could help contain inflation
Japan edges towards zero bound
Bank of Japan cuts benchmark rate to 0% to 0.1% range, announces further stimulus
Swiss to make UBS and Credit Suisse pay for systemic status
Swiss commission proposal beefs up Basel III for Credit Suisse and UBS with 19% capital requirement and other measures to tackle 'too big to fail' problem
Trinidad and Tobago’s central bank faces legal action over bankrupt insurance giant
Disgruntled policyholders of failed insurance giant Clico demand compensation from Central Bank of Trinidad and Tobago over what they see as deficiencies in oversight
Ireland reveals fresh Anglo Irish bailout
Central Bank of Ireland outlines new restructuring for Anglo Irish Bank, finance minister acknowledges cost of bailout prevents government from meeting deficit cuts for year
Investors demand premium for Portuguese debt
Auction results show rising cost of Portuguese debt, analysts say investors are sending message to government to tackle deficit
Central banks are preferred regulators: CentralBanking.com panel
Charles Goodhart, Sir John Gieve and Paul Mortimer-Lee say regulation is best housed within the central bank but warn challenges remain
Peru raises reserve requirement in bid to stem capital inflows
Central Bank of Peru increases reserve requirement on overseas loans to 75%
Hungary told to lift cap on central bankers’ pay
European Commission says Hungary could face legal action if it does not lift salary cap on central bank employees
Peru nearly doubles reserve ratio on foreign deposits
Central Bank of Peru raises reserve requirement on foreign deposits to 120% in bid to stem capital inflows