News
Meirelles will stay as governor until year end
Brazilian central bank governor Henrique Meirelles stays put, hopes of the vice-presidency dashed by party politics
Jilted bondholders can attack Argentine central bank’s assets: US court
US judge decrees central bank and government one entity and breaks dam guarding assets from unpaid creditors; central bank expected to appeal ruling
Hoenig calls for Fed to lean against the wind
Kansas City Fed president challenges fundamental tenet of Greenspan-era central bank
Pressure mounts on China to let yuan appreciate
Renminbi revaluation whispers grow to a shout as US Treasury chief Timothy Geithner makes unscheduled visit amid signs of a thaw in relationship with Beijing
SEC announces tighter rules for asset-backed securities market
Proposals come after crisis underlined dangers of instruments’ complexity
China looks to cut out dollar's go-between role
Central bank official says further currency pairings against rouble, ringgit and won under consideration
Greenspan deflects blame during heated testimony
Former Federal Reserve chairman Alan Greenspan defends record but accepts some criticism
Gulf markets integrated enough for monetary union
IMF economists’ work indicates stage set for single-currency project
Icesave casts pall over Iceland’s credit outlook
Ratings agency Moody’s kicks its outlook on Iceland down to negative on intractable Icesave dispute, change leaves Icelandic bonds hovering just above junk status
FSA appoints new communications chief
Tom Kelly joins FSA directors’ board in bid to revive relationship with government
Greenspan defends position on free market
Former Fed Chairman deflects criticism over adherence to Ayn Rand's views on laissez-faire capitalism
Aussie dollar boosted as RBA hikes again
Reserve Bank of Australia increases benchmark rate to 4.25%
Roots of CIC investment strategy lie in US relationship
Research sees strategic investment as outcome of Sino-American relations; portfolio management owe little to Santiago Principles a consequence
Canadian balance sheet shrinks as liquidity programs expire
Bank of Canada reports a C$7.2 billion balance sheet contraction in 2009 as rebound in global economy reduces demand for central bank funds
NY Fed displays Maiden Lane holdings
New York Fed opens up on holdings of Bear Stearns and AIG bailout vehicles, provides details to improve access to information
British bonds rest on “a bed of nitroglycerine”: Pimco chief
Head of biggest bond fund sees investors penalising gilts as British attachment to quantitative easing stirs worry that government seeks to inflate debt away
Fund takes charge on better financial data
IMF will up the frequency of data on international investment positions, and recommend that members add soundness indicators and tables showing duration before debt maturity
Richmond Fed appoints new head of supervision
Jennifer Burns succeeds Malcom Alfriend as senior vice-president at Richmond Fed
Brazil’s Meirelles in political limbo
Brazil governor Henrique Meirelles has until Friday to decide if he will remain at the central bank, political ambitions rocked by Lula, party leaders; head of financial stability likely successor
Ireland’s bad bank worse than expected
Details of the National Asset Management Agency spook markets as commentators worry over whether the agency is structurally sound, Anglo Irish bailout under spotlight
Property woes will force more bank bailouts: economist
Officials right to flag risks posed by commercial real estate but Washington must also present a clear message on how to deal with the issue
Bangladesh Bank switches to solar power
Central bank lights up on green energy
Iceland climbs into profit; postpones pay rises
Central Bank of Iceland makes a modest profit for 2009, compared with sizable loss of the previous year; postpones wage hikes until summer
Abu Dhabi SWF chief’s body found
Body of Abu Dhabi Investment Authority head Sheikh Ahmed Zayed al-Nahyan found after four day search following glider crash in Morocco