China

Dollar depreciation reflects value: IMF's Lipsky

The dollar is now the closest to its medium-term equilibrium value it has been in a decade and is set to remain the global reserve currency, said John Lipsky, the first deputy managing director of the International Monetary Fund.

New Olympics banknote for China

The People's Bank of China (PBoC) is issuing a new 10-yuan note to commemorate the Beijing Olympics, which start in August. Local media reports suggested that the note will feature a drawing of the new National Stadium, also called the Bird's Nest -…

China clamps down on hot money

The authorities in Beijing have announced new measures to curb the inflow of speculative money, which is adding to the booming economy's increasing inflation problem.

China hikes reserve ratio again

The People's Bank of China raised its reserve requirement ratio for the fourth time this year after producer price inflation soared 10.2% year-on-year in the first quarter.

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.

China raises reserve ratio

The People's Bank of China made a fresh bid to slow the country's overheating economy on Thursday, raising its reserve requirement ratio for the third time this year.

China stands firm on monetary policy

The People's Bank of China said on Monday 31 March, after its first quarter monetary policy committee meeting, that it would maintain its firm attitude to monetary policy, using instruments "in a measured manner".

The euro and Latin America

Lorenzo Bini Smaghi, a member of the executive board of the European Central Bank, offered five lessons that can be learned from economic and monetary union in a recent speech in Brazil.

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