News
Vietnam postpones inaugural global bond issue
VIETNAM - Communist Vietnam has postponed its first-ever global bond issue until next year at the earliest, a senior central bank official said Monday.
Jamaica's central bank chief wins highest award
JAMAICA - Monday saw Derick Latibeaudiere, governor of the Central Bank of Jamaica, receive the top national honour for his services to finance.
Appointees to Russian c bank's supervisory council
RUSSIA - Prime Minister Mikhail Kasyanov has signed a decree appointing members of the Central Bank's supervisory council, the National Banking Council, Itar-Tass quoted government press service head Alexei Gorshkov as saying Friday.
Iran and Bahrain central banks sign banking accord
IRAN - Governor of Central Bank of Iran (CBI) Mohsen Nourbakhsh and Bahraini Central Bank Governor Sheikh Ahmed Mohammed al-Khalifa on Saturday signed an agreement on banking cooperation.
BSP chief presses revision of inflation target
PHILIPPINES - Bangko Sentral ng Pilipinas (BSP) Governor Rafael Buenaventura made a fresh pitch Friday for revising the government's 2003 target for the inflation rate, noting economic planners' projections of the potential impact of a US-Iraq war on the…
Brazil's Fraga trusts next govt to make right call
BRAZIL - Brazilian Central Bank President Arminio Fraga on Thursday moved to calm markets rattled by persistent concerns about this month's presidential election, saying he expects the next government to make the right economic policy decisions.
Irish Yes vote clears obstacle to EU enlargement
IRELAND - Ireland yesterday ratified the Nice treaty at the second attempt, with an emphatic Yes vote that removes the biggest obstacle in the path to the enlargement of the European Union.
Sveriges Riksbank Press Release
SWEDEN - Repo rate left unchanged at 4.25 per cent, 17 October.
Sveriges Riksbank Press Release
PRESS RELEASE - The general public's confidence in the Riksbank remains high, 14 October.
Sveriges Riksbank Press Release
PRESS RELEASE - Jan Bergqvist appointed new Chairman of the General Council of the Riksbank, 18 October.
UK Treasury cool on Gibraltar making a mint
UK - While Gordon Brown expounds his policy on the euro, efforts by Gibraltar to set up a lucrative sideline in minting the coins have run into resistance from the UK chancellor, Gordon Brown.
Fed chief hits at intervention on sovereign debt
US - William McDonough, president of the New York Federal Reserve, yesterday broke ranks with other policymakers in the leading industrialised countries, expressing strong reservations about their drive to intervene between bankrupt governments and…
Ireland set for yes vote on Nice Treaty
IRELAND - Ireland looks to be on course to ratify the Nice Treaty, which paves the way for enlargement of the European Union, according to the last opinion poll before tomorrow's referendum.
Bank of Canada's Dodge softens rate hike stance
CANADA - David Dodge, the Bank of Canada governor, said yesterday economic growth would likely ease over the next three quarters so interest rates need not be raised as quickly as previously thought.
Gulf asks ECB to study benefits of GCC currency
OMAN - Gulf Cooperation Council (GCC) countries have entrusted the European Central Bank (ECB) to conduct a study on the modalities to be followed while integrating the economies of member countries and to switch over to a common currency, said the…
Kozlov - legal protection would boost confidence
RUSSIA - Russia's Central Bank has come out for greater legal protection of deals involving derivative securities on the national securities market and for introducing Russian depository receipts.
Japan's Koizumi vows 'bold' action on economy
JAPAN - Prime Minister Junichiro Koizumi vowed Friday to take "bold" action to pull Japan's economy out of its slump and stressed the importance of dialogue to resolve concerns over North Korea's nuclear weapons program.
Fed's McTeer says U.S. recovery so far jobless
US - Dallas Federal Reserve President Robert McTeer said on Thursday the U.S. economic recovery had so far been jobless, but the unemployment rate here still has stayed well below Europe's.
Bank of Japan Stock Purchase Guidelines
GUIDELINES - At a regular board meeting held 11 October, the Policy Board of the Bank of Japan approved basic guidelines on the purchase of stocks held by commercial banks.
Bank of Japan Stock Purchase
REPORT - The Outline of the Stock Purchasing Plan, 11 October.
Bank of Japan report on non-performing loans
REPORT - Japan's Non-Performing Loan Problem, 11 October.
Why the euro numbers do not add up
UK - Baffled voters waiting to be persuaded by the economic evidence how they should vote in a referendum on the euro have been left in a state of even deeper confusion this week.
Turkmenistan's head tightens currency regulation
TURKMENISTAN - At a recent meeting with the heads of law-enforcement bodies and military departments, Turkmen President Saparmyrat [Nyyazow] Turkmenbasy signed a resolution on priority measures to tighten currency regulation.
Polish gov't may seek halt to c bank independence
POLAND - The Sejm (lower house of parliament) public finances committee will resume legislative work on changes in the law on the Polish National Bank (NBP) after it has finished work on the 2003 budget, that is in the second half of November, committee…