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Central Banking

EBRD - Sustainability Report 2007

The European Bank for Reconstruction and Development's (EBRD) Sustainability Report details the development bank's investments in 29 countries across central Europe and Asia.

SEC memorandum a short-term fix: Bernanke

The memorandum of understanding (MOU) between the Securities and Exchanges Commission (SEC) and the Federal Reserve, introduced Monday, is only meant to address the short-term issues surrounding the regulation of investment banks, Ben Bernanke, the…

SARB mints Mandela coin

The South African Reserve Bank has issued a R5 (64) coin to commemorate the 90th birthday of Nelson Mandela, a former president and anti-apartheid campaigner.

HKMA's Pang praises BIS's Asian office

Peter Pang, a deputy chief executive at the Hong Kong Monetary Authority (HKMA), has commended the Bank for International Settlements' (BIS) Representative Office in Asia.

Canadian businesses still strong

Despite the recent slowdown in Canadian growth, there are no indications of widespread weaknesses across the country's firms, the latest edition of the Bank of Canada's Business Outlook Survey finds.

Differences between Fed and ECB overplayed

The divergences between the Fed's dual mandate and the European Central Bank's (ECB) task of maintaining price stability have little impact on policy in the medium- to long-term, notes Ignazio Visco, a deputy director general at the Bank of Italy.

Japanese SWF proposed

A panel of the ruling Liberal Democratic Party (LDP) has recommended that Japan should establish a sovereign wealth fund managing 10 trillion ($93 billion) in assets drawn from the country's pension reserves to bolster returns.

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