China
Chinese domestic interest rates falling – PBoC official
Key money market rates falling, says PBoC official, and bank will try to boost credit for SMEs
PBoC gets go-ahead from China’s cabinet to develop CBDC
China’s central bank is developing its own CBDC, as officials voice concerns over Facebook’s Libra
PBoC sounds alarm over Facebook’s Libra
Central banks must keep control of Facebook currency, senior officials say
Trade tensions set to harm long-term US growth – IMF paper
Output would decline even if China voluntarily limits its exports to the US
MAS triples yearly profit, but warns growth may fall
Singaporean central bank says US-China tensions may cut GDP growth
PBoC extends liquidity to smaller firms after Baoshang takeover
Chinese securities watchdog also urges big brokerages to provide liquidity support to smaller securities firms and funds
Trump claims Fed is giving China the upper hand
Chinese president “can do whatever he wants”, Trump complains
PBoC ramps up liquidity support for commercial banks
Injection is the second largest loan of its kind on record
Climate change – Where can central banks contribute?
Climate change is becoming increasingly important to central banks thanks to its implications for financial stability. In a forum sponsored by Amundi, Central Banking convened a panel of experts to discuss the latest innovations, regulations and…
Can central bankers turn finance green?
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
PBoC takes over city commercial bank in bid to stop contagion
Central bank says this is a standalone case and it has no plans to take over other banks
A climate of change
Central banks are striving to take practical steps to tackle climate change risks. Can they succeed?
Nepal’s central bank bans Chinese mobile payment platforms
Alipay and WeChat Pay banned; foreign payment services must register in Nepal
Weidmann warns trade war likely to hurt US more than Germany
Bundesbank president says policy normalisation should continue
Cooling economic activity in China paves way for more stimulus
Policy-makers may turn to fiscal stimulus rather than monetary easing
Zhou on four key decisions that forged the modern-day PBoC
Former People’s Bank of China governor Zhou Xiaochuan shares his perspectives about four critical moments in China’s economic reform agenda
Central Banking’s ‘Leaders’ for custody, banking and gold
Central banks want integrated custody platforms and real-time data from custodians as the low-yield environment drives demand for banking services and increases the relative attractiveness of gold
Time for resilience
Events that impact markets have made it crucial to build resilient portfolios that are aware of downside risks. BlackRock explores the importance of protection in downturn scenarios for reserve managers.
Central Banking to co-operate on research with Chinese universities
MoUs with departments of Renmin and Zhejiang universities envisage co-operation on fintech events and research
China cuts reserve requirements for small banks
PBoC cuts RRR for local banks; premier Li Keqiang had urged policy-makers to reduce funding costs for small businesses
Central bank gold buying hits new high
Official reserve managers bought 145.5 tonnes last quarter, a 68% increase from Q1 2018
Tone of PBoC moves markets, says Bank of Finland paper
Markets are effectively using PBoC speeches as ‘monetary policy instrument’, says researcher
PBoC to issue new banknotes with enhanced security features
New Chinese banknotes will use optically variable magnetic ink
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers