Central Bank
China Reports Higher than Expected Credit Growth in 2016, Raising Debt Concerns
| S. Rina | | Jan 14, 2017 01:57 AM EST |
China reported extending $1.82 trillion worth of loans in 2016, setting a new record. However, the numbers have also given rise to new debt concerns. The country is looking to fuel its economy by providing more stimulus in the form of credit and debt, without creating an asset bubble.
ECB QE Back In Limelight as Other Central Banks Adjust Rates
| Dino Lirios | | Mar 02, 2015 08:59 AM EST |
At the European Central Bank's (ECB) meeting in Cyprus on Thursday, investors expect the ECB to disclose more about the government bond repurchase program of 1 trillion euros ($1.1 trillion) which starts this month, as well as to unveil its decision on Greece's four month loan extension plan.
China to Insure All Bank Deposits Up to 500,000 Yuan by January
| Vittorio Hernandez | | Nov 28, 2014 03:21 AM EST |
The Bank of China plans to insure all bank deposits in the country for up to 500,000 yuan or $81,000 beginning January 2015.
China Lowers Interest Rates to Spur Growth, Reverse Slowdown
| Michael A. Katz | | Nov 21, 2014 02:30 PM EST |
In a surprise move, China's central bank cut interest rates for the first time in two years.
China's Banks Pass Stress Test
| Marcel Woo | | Apr 30, 2014 08:31 AM EDT |
China's banking system can withstand a huge drop in the country's economic growth or even a 400 percent rise in non-performing loans after the central bank said China's lenders have passed the stress test.
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