China
China slashes rates
China chopped more than a percentage point off its lending rate on Wednesday in a further sign of Beijing's fears the global slowdown will spark a severe slump in export demand.
Renminbi going global - HKMA's Pang
The renminbi could in time become a significant currency for global trade, Peter Pang, a deputy chief executive at the Hong Kong Monetary Authority.
People's Bank pledges Rmb100 billion by year-end
The People's Bank of China will loan banks Rmb100 billion ($14.6 billion) by the end of December as part of Beijing's efforts to stave off a slowdown in growth.
Korea asks China for dollar-swap deal
The Bank of Korea on Tuesday confirmed that it had asked the People's Bank of China for a dollar-swap line after reports emerged on the proposed facility.
Ex-PBoC deputy questions policy after Beijing cut
Wu Xiaoling, a former deputy governor at the People's Bank of China, has said the central bank should not loosen monetary policy further after the institution cut rates and relaxed loan conditions last week.
China cuts again on fears of slump
The People's Bank of China has lowered its key lending rate by 27 basis points to 6.66%.
Asia makes rate cut 'truly global'
China cut rates for the second time in as many months on Wednesday, supporting the joint action by six of the most important central banks to loosen policy. A host of other Asian central banks have also replicated the Federal Reserve-led move.
China's impact on global inflation
Research from the Bank of Canada examines the effect of China on the inflation rate in other countries.
Taiwan surprises markets with first cut in 5 years
The Central Bank of China (Taiwan) unexpectedly cut rates for the first time since 2003 on the back of fears that distressed financial markets could trigger a global slowdown in economic activity.
Banking consolidation continues apace
After months of speculation of its weakest elements, the global banking sector has undergone what many are calling a long overdue consolidation within the space of a few days. Here's a summary of what has happened, its happening - and may happen next.
Papademos: China should rethink monetary tools
China's battle against inflation requires enhancing the room for manoeuvre in monetary policy, said Lucas Papademos, the vice president of the European Central Bank.
China's Hu: subprime challenges reserve management
China's reserve management faces big challenges after the subprime crisis, said Hu Xiaolian, a deputy governor of the People's Bank of China.
China to be No.2 in payments
China could overtake the eurozone as the world's second biggest payments market early next decade, according to a new report.
PBoC cuts to restore confidence
The People's Bank of China (PBoC) has cut its base lending rate and lowered the ratio of funds that banks must set aside as reserves in an effort to shore up confidence in the country's stock and real estate markets.
China fund involved in Lehman bid - report
China Investment Corporation (CIC), Beijing's sovereign wealth fund, is said to be involved in a possible bid for Lehman Brothers, a beleaguered US bank.
China using reserves for political gain - report
China's State Administration of Foreign Exchange appears to have used its reserve stockpile, the largest in the world, to influence diplomatic relations between Costa Rica and Taiwan.
ECB's Papademos on the EU's and China's challenges
Lucas Papademos, the vice president of the European Central Bank, has outlined the common challenges and domestic concerns faced by policymakers in China and the European Union.
China inflation slumps for fourth-straight month
Chinese annual inflation plummeted by almost one-and-a-half percentage points last month to 4.9%.
Central bankers back Fannie and Freddie takeover
Central bankers worldwide have endorsed the US Treasury's de-facto nationalisation of Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSE) that insure about half of the US's mortgage stock.
PBoC in finance ministry talks for capital: report
The People's Bank of China is in talks with the country's finance ministry to shore up its capital base, the New York Times, a newspaper, said Friday.
China eases lending rules to sustain growth
The People's Bank of China said Monday it will make lending more flexible to encourage "stable and relatively fast growth".
People's Bank buys $246m stake in UK insurer
The People's Bank of China has bought up to £134m-worth ($246m) of shares in the UK's second-largest insurer.
We must grasp the real China: Fed's Fisher
The west needs to deepen its understanding of China's national interests, said Richard Fisher, the president of the Dallas Federal Reserve.
Bank of Canada Review - summer 2008 edition
The Bank of Canada has published the spring edition of its Economic Review.