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FSA chairman outlines reform agenda
Lord Adair Turner, the chairman of the Financial Services Authority (FSA), Britain's financial supervisor, on Wednesday presented his vision of how regulation needed to change.
Kazakhstan turns again to Marchenko
Grigory Marchenko will serve a second spell as governor of the National Bank of Kazakhstan.
IMF to revise figures on worsening outlook: DSK
The economic crisis is deepening and the International Monetary Fund (IMF) will lower its growth estimates as a result, Dominique Strauss-Kahn, the managing director at the Fund, has said.
BoJ sees falling prices, will buy corporate bonds
Prices will fall in the world's second-largest economy in 2009 and 2010, senior officials at the Bank of Japan predict. The central bank also announced it would buy corporate bonds and begin purchases of commercial paper later this month.
The risks are justified: SNB's Hildebrand
The current crisis is the most complex and the most serious of the post-war period, and demands unconventional action from the Swiss authorities, said Philipp Hildebrand, a member of the governing board at the Swiss National Bank (SNB).
Are commodities useful indicators of inflation?
Commodity prices are significant indicators of inflation, research published by the Bank of Canada posits.
Was subprime possible to predict?
Research by the Boston Federal Reserve finds that market participants should have predicted the steep rise in foreclosures that occurred in 2007 and 2008.
Denmark's Bernstein on the benefits of the euro
Nils Bernstein, the governor of the National Bank of Denmark, has outlined a number of reasons why Denmark should join the eurozone.
New BoJ discussion paper series
The Bank of Japan published a new issue of its online discussion paper series.
Central Bank of Tunisia - Annual Report 2007
Tunisia's economy grew up by 6.3% in real terms in 2007 despite difficult international conditions, notes the latest Annual Report from the country's central bank.
Bank of England's January minutes
The minutes from the January meeting of the Bank of England's Monetary Policy Committee show most members judged cutting bank rate by 50 basis points would provide a significant stimulus to the economy.
Why we must say no to nationalisation
In the UK, nationalisation is increasingly being advocated by many experts as a solution to the banking crisis. Such a step would be a disaster for the UK and the City of London, argues Robert Pringle, the editor-in-chief of Central Banking journal.
Malaysia slashes rates as exports flag
Bank Negara Malaysia surprised markets on Wednesday, slashing its key rate by 75 basis points to 2.5%.
Danes less keen on euro
The popularity of the euro among Danes has waned since November 2008, a poll commissioned by one of the country's leading banks has found.
Business can bypass banks with bond sales: King
The Bank of England's round of corporate bond purchases, set to begin within weeks, could revive ailing capital markets by reducing businesses reliance on bank lending, Mervyn King, the governor of the Bank of England, said on Tuesday evening.
Tarp needs "serious reform": Geithner
The Troubled Asset Relief Plan (Tarp) needs a fundamental overhaul, Tim Geithner, the US treasury-secretary designate who as head of the New York Fed was closely involved with the original bailout package, told lawmakers on Wednesday.
UK action must be backed up abroad: BoE's Tucker
The British Treasury's measures, announced Monday, to kickstart a financial recovery stand a better chance of success if they are mirrored by governments across the globe, a senior Bank of England official testified on Wednesday.
Mary Schapiro: Here Comes the Sun
In recent months, the US Securities and Exchanges Commission (SEC) has been on the receiving end of severe criticism. Mark Berman, a former SEC lawyer who leads CompliGlobe Ltd, a London-based consultancy specialising in financial regulation and…
Canada sees rates hit all-time low
The Bank of Canada cut its key rate to 1%, the lowest level in the central bank's 75-year history, on Tuesday and said that headline inflation would fall below zero later this year. However, the move was not enough to satisfy some in the markets who were…
Borrowing costly despite cuts: Zambia's Fundanga
The cost of borrowing in Zambia continues to be high despite policy efforts, said Caleb Fundanga, the governor of the Bank of Zambia.
SWF nations poor on governance: SF Fed's Glick
A considerable gulf exists between the governance standards of the economies in which sovereign wealth funds have been established and the standards of the industrial economies in which they are seeking to invest, a paper co-authored by Reuven Glick, the…
UK inflation still in letter-writing territory
British CPI inflation in the year to December was 3.1%, down a full percentage point from the November figure but still significantly above the Bank of England's 2% target.
France to ECB: lead charge for derivatives market
Christine Lagarde, the French finance minister, has called on the European Central Bank to spur efforts to set up a eurozone-wide financial infrastructure for derivatives, further scuppering US efforts to create a global market for the instruments.
HKMA and China agree currency swap
The Hong Kong Monetary Authority (HKMA) and the People's Bank of China have signed a currency swap arrangement worth up to $29.2 billion.