Asia-Pacific
Emerging markets benefited from solid balance sheets, says BIS paper
Bank for International Settlements study says Latin American and Asian countries experienced more sustainable levels of credit growth due to healthy balance sheets pre-crisis
Rapid credit growth in Asia driven by domestic factors, says IMF paper
International Monetary Fund study says domestic monetary policy can play a pivotal role in managing credit growth in emerging Asian markets
MAS's Menon calls on Asian countries to boost IMF resources
Monetary Authority of Singapore managing director Ravi Menon says Asian countries will need to contribute further to International Monetary Fund to enhance global safety net
Thailand blames floods and ‘likely’ eurozone recession for rate cut
Bank of Thailand drops benchmark interest rate by 25 basis points to 3%; says recession now "likely" in the eurozone
IMF’s Lipton: credit easing policy in Asia may be warranted
Fund first deputy managing director David Lipton says policy-makers in Asia may need to introduce unconventional monetary policy measures in the event of a global recession
Thailand’s Trairatvorakul calls for commitment to Asean community goals
Bank of Thailand governor Prasarn Trairatvorakul says success of Asean Economic Community will depend on members’ willingness to promote free flow of trade
European uncertainty reflected in central bank decisions worldwide
Germany, Austria, India and South Korea lower growth estimates as a slew of countries hold interest rates; world looks on and waits to see if Europe can agree a solution to the sovereign debt crisis
FSB Asia Regional Consultative Group holds first meeting
Asian regional consultative group gathers in Korea to exchange views on key financial stability issues
BIS paper examines effects of negative asset price bubbles in Asia-Pacific
Bank for International Settlements study shows underpricing of assets in Asia-Pacific caused cross-border spillovers
Malaysia’s Aziz emphasises importance of policy co-ordination in Asia
Bank Negara Malaysia governor Zeti Akhtar Aziz says European sovereign debt crisis showed co-ordination between national interests was necessary in Asia
MAS’s Ong says insurance industry can aid growth
Monetary Authority of Singapore deputy managing director Ong Chong Tee says Asia’s growth prospects are at risk from events in developed countries
EMEs have scope to respond to a global slowdown: RBA’s Battellino
Reserve Bank of Australia deputy governor Ric Battellino says emerging market economies have capacity to respond to decline in weakness in global demand
IMF paper identifies risk-sharing, contagion trade-off in Asia
Fund study shows risk sharing in Asia is found to be low between countries in the region compared with contagion effects
Latin American and South-east Asian central banks confer
First Seacen-Cemla conference held in Malaysia; shows increasing cooperation between central banks, particularly in emerging markets
MAS’s Menon dismisses Asian regulatory arbitrage opportunity
Monetary Authority of Singapore managing director Ravi Menon says suggestions that central banks in Asia and Singapore will implement less stringent over-the-counter derivatives rules are untrue
MAS’s Kiang on opportunities to broaden insurance coverage in Asia
Monetary Authority of Singapore deputy chairman Lim Hng Kiang says insurance penetration remains relatively low in Asia
Financial interlinkages are uniform across Asia region: BoJ paper
Bank of Japan study shows links between Asian nations and global stock markets appear to be homogeneous across countries
Australia’s economic performance not all down to luck: RBA’s Edey
Reserve Bank of Australia assistant governor Malcolm Edey says good luck and good management played a role in Australia’s strong economic performance in recent years
Singapore’s Shanmugaratnam highlights growth opportunities in Asian insurance markets
Monetary Authority of Singapore chairman Tharman Shanmugaratnam says untapped resources remain in Asia’s insurance markets
IMF paper builds financial conditions index
Fund study creates financial condition index to help predict growth patterns in Asian economies
IMF study assesses Asean 5 bond market performance
Fund paper says Asean 5 bond markets compare well with other emerging markets
Sovereign spillovers normalised Asian spreads, says IMF study
Fund paper attributes volatility in Asian sovereign debt markets during crisis to sovereign risk spillovers
Japan earthquake caused widespread risk retreat
Bank of International Settlements Quarterly Review June 2011 says Japan earthquake caused widespread but brief investor retreat to less risky assets
Emerging Asia dominates external shocks to Australia and New Zealand: IMF paper
Fund study finds evidence of strong spillover effects from emerging Asia to Australia and New Zealand