China
Too much of a good thing for China
According to this article published by the Asia Times on Thursday 15 March, senior Chinese officials say it will take time to reduce China's trade surplus, which has been a source of friction with its trading partners.
Brazil plans to attract China's foreign reserves
The Brazilian government plans to tell the Chinese authorities that it is interested in attracting a share of China's foreign reserves, Brazilian financial newspaper, Valor Economico reported Wednesday 14 March.
Don't blame China for volatility says PBOC's Zhou
People's Bank of China governor Zhou Xiaochuan dismissed on Monday 12 March the idea that the country's massive foreign currency reserves were the cause of recent market volatility.
YV Reddy appointed chairman of the BIS in Asia
The Board of Directors of the Bank for International Settlements (BIS) announced Monday 12 March Yaga V Reddy as Chairman of the BIS Asian Consultative Council (ACC).
China's giant new investment agency
According to this article from BusinessWeek Online, published Tuesday 13 March, China's soon-to-be state investment arm will be a major asset-management entity globally.
G10 bankers: Stock correction reminds of risk
G10 central bankers said Monday 12 March that the recent correction in stock markets was a useful reminder of the risks faced by investors, but it has not altered fundamental growth prospects.
Report says China to continue buying US Treasuries
China will continue to purchase US Treasuries after the new foreign exchange investment agency begins operations, The Standard reported Monday 12 March, citing central bank vice governor Wu Xiaoling.
China vows more flexible yuan with trade surplus
In a possible attempt to address overseas pleas to address China's record trade surplus, central bank governor Zhou Xiaochuan said Monday 12 March that exchange rate policies could go some way toward tackling the problem.
Akhtar: Pakistan - investment friendly destination
In the speech 'Pakistan - an investment friendly destination' given on 22 February Shamshad Akhtar of the State Bank of Pakistan said Pakistan offers endless possibilities with its vast untapped resources.
Takenaka says BOJ rate hike came too early
Japan's former economic and fiscal policy minister Heizo Takenaka has criticised the Bank of Japan in an interview published Friday 9 March for increasing interest rates in February despite continued deflation.
China announces reserve fund plan
China's finance minister announced Friday 9 March the country is creating an investment company to make more profitable use of its $1 trillion in foreign currency reserves.
PBOC's Wu says room for reserve requirement hikes
China has more room to raise the level of reserves that commercial lenders are forced to store with the central bank, a senior People's Bank of China (PBOC) official said Thursday 8 March.
Japan's Iwata on unwinding yen carry trades
Bank of Japan deputy governor Kazumasa Iwata said Wednesday 7 March recent financial market developments, including the unwinding of yen carry trades, were "technical position adjustments" by investors who have been "complacent" about asset price…
China reforms would cut volatility says Paulson
US treasury secretary Henry Paulson said Tuesday 6 March that the global economy is as strong as he's ever seen and that reforms in China would help reduce market volatility.
PBOC's Wu says FX reserves to be used vigorously
A new state investment company in charge of investing China's vast foreign exchange reserves will be established, said Wu Xiaoling, vice governor of the People's Bank of China on Monday 5 March.
Zhou says China's yuan band may be widened
Yuan flexibility is "desirable" and China can consider "gradually" widening the yuan's trading band, central bank governor Zhou Xiaochuan said Monday 5 March.
China's market sideshow turns into main event
According to this article from Bloomberg, published Wednesday 28 February, the only thing that is surprising about this week's plunge in Chinese stocks is that anyone would be surprised.
Wall Street still listens to Greenspan
This article published Wednesday 28 February looks at recent comments from Alan Greenspan, saying you would hardly know he had been gone from the Federal Reserve for more than a year, judging from the markets.
PBoC's Zhou sees yuan appreciating faster
Yuan appreciation is likely to accelerate if the country's trade surplus keeps growing, People's Bank of China (PBoC) governor Zhou Xiaochuan told the Hong Kong Commercial Daily in an interview published Tuesday 27 February.
Meirelles says China volatility serves as alert
Market volatility in Brazil and abroad seen today, Tuesday 27 February, as a result of a strong selloff in China may serve as an alert for greater caution on the part of central banks in monetary policy decisions, Brazilian central bank president…
Trichet calls for yuan, Asian FX rate appreciation
ECB president Jean-Claude Trichet said Friday 23 February that there should be an appreciation in China's yuan exchange rate and other Asian currencies that aren't free-floating.
New China investment chief to be named
China is set to name a new head of the investment arm of the central bank, as it prepares to open a new agency to help manage the country's foreign currency reserves of more than $1 trillion, Reuters reported from Shanghai on Monday 26 February.
Yam warns investors to 'fasten safety belts'
Hong Kong Monetary Authority chief executive Joseph Yam said on Wednesday 21 February that the People's Bank of China's decision to raise the reserve requirement ratio on deposits will have little impact on mainland lenders.
BoE paper on Asia's choice of exchange rate regime
In the Bank of England Working Paper "Does Asia's choice of exchange rate regime affect Europe's exposure to US shocks?" the authors use a stylised three-country model to analyse how the transmission of US shocks to Europe might be affected by Asia's…