Asia-Pacific
Dollar less important when reserves abundant
The share of the dollar in global foreign currency reserves falls when reserve levels increase, finds a new paper from the European Central Bank.
Asia needs to start raising rates
The recent rise in food prices will significantly impact inflation in Asian economies, according to new research from the Hong Kong Monetary Authority.
Asia's reserves lower borrowing costs
Asian economies benefit from reduced spreads on their privately-held external debt because of their large holdings of foreign-exchange reserves, according to new research from the International Monetary Fund.
Asian inflation may spark investor flight
If inflation continue to rise, a deterioration of investor sentiment about emerging-markets economies cannot be ruled out, said the Exchange Fund advisory committee of the Hong Kong Monetary Authority according to minutes of its June meeting.
Asian inflation to stay high
Inflation in Asian countries will remain high over the medium term due to rising oil prices and a persistent shortage of skilled labour, says new research from Deutsche Bank.
How Asia's banks rode out the credit crisis
Zeti Akhtar Aziz, the governor of Bank Negara Malaysia, explains why Asia's banks have emerged unscathed from almost a year of financial tumult
Settlement risk in Asian FX markets "remains high
Research published by the Bank for International Settlements calls for more extensive use of intra-regional currencies after finding that settlement risk remains high in Asian foreign exchange markets.
Asia remains strong: Pakistan's Akhtar
The Asian economy will continue to perform well despite the recent global financial market turmoil, Shamshad Akhtar, the governor of the State Bank of Pakistan, predicted.
Don't shun Asia: Singapore deputy
Investors have to take a longer term view and continue to chase opportunities in Asia in spite of the subprime crisis in the United States denting confidence, Lim Hng Kiang, the deputy chairman of the Monetary Authority of Singapore, said.
Singapore's Lim hopeful on Asian bond markets
The prospects of the Asian bond market are not without bright spots, said Lim Hng Kiang, deputy chairman of the Monetary Authority of Singapore.
Chinese and Indian roles in world markets limited
China's and India's roles in the global financial system are relatively limited, research published by the European Central Bank finds.
New Zealand holds rates at 8.25%
The Reserve Bank of New Zealand's rate-setting board voted on Thursday to keep the benchmark official cash rate at 8.25% in spite of high inflation.
European and US markets fall despite Fed cut
Stocks listed on European and US bourses continued to slide on Wednesday, following the Federal Reserve's emergency 75 basis point cut on Tuesday.
Fed slashes rates by 75 basis points
The Federal Open Market Committee (FOMC) on Tuesday lowered rates by 75 basis points to 3.5%, the biggest cut since autumn 1984.
Global stocks plummet on US recession fears
Shares in Asia and Europe plunged on Monday amid concern that a United States recession would hit global growth. The Toronto stock exchange was also down by more than 4% at midday trading.
Renminbi's behaviour influences whole region
Since the exchange rate reform in July 2005, fluctuations in the renminbi have impacted the movement of other Asian currencies, research published by the Hong Kong Monetary Authority (HKMA) finds.
Pacific Island SWFs hampered by mismanagement
Little integration with budgets, institutional weaknesses and inadequate controls have hindered the performance of sovereign wealth funds run by the authorities in Pacific Island countries, research published by the International Monetary Fund finds.
East Asian integration must be monitored: Fukui
East Asia's growing economic and financial integration must be closely monitored to avoid negative side effects, said Toshihiko Fukui, the governor of the Bank of Japan.
Emerging Asia impacts commodity price trend
Industrial activity in emerging Asia appears to have become, since 1997, a stronger driver of oil and commodity price movements than business cycle trends in developed economies.
Carry trade returns high but losses heavy
Though carry trades in various Asian currencies tend to outperform major stock markets, there is a relatively high frequency of large negative returns, research published by the Bank for International Settlements finds.
HKMA predicts impact of capital flow reversal
Improvements in external payment positions and financial strength have increased the resilience of Asian economies to a reversal of capital flows, research published by the Hong Kong Monetary Authority finds.
Asia-Pacific economies getting closer
The interdependence of Asia-Pacific economies has increased since the turn of the millennium, research published by the Bank of Japan finds.
G20 predicts "modest" global slowdown
Central bank governors and finance ministers from the G20 economies said that the credit turmoil would likely have a "modest" effect on global growth, but added that it remained difficult to judge the eventual impact.
Australia in good shape to weather subprime
Warwick McKibbin, a board member of the Reserve Bank of Australia, expects the country's economy to remain buoyant in spite of the recent market turmoil.