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monetary policy

China pushes banks to speed up approvals of new loans to private developers: Reuters

by Walter Watson
China pushes banks to speed up approvals of new loans to private developers: Reuters

Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive homebuyer sentiment …

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Australia’s central bank warns of another tough year for borrowers, businesses

by Walter Watson
Australia’s central bank warns of another tough year for borrowers, businesses

The Australian Flag is seen on June 25, 2017 in Melbourne, Australia. Darrian Traynor | Stringer | Getty Images Australia’s central bank expects another tough year for households and businesses, signaling little rate relief in months ahead, but …

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Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump

by Ron Morgan
Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump

A worker of Japanese automobile giant Toyota Motor assembles auto parts to newly designed Crown at the company’s Motomachi plant in Toyota city near Nagoya, central Japan on July 30, …

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China’s ‘two sessions’ 2024: new mandate, party control push central bank beyond ordinary role

by Anas Siddiqui
China’s ‘two sessions’ 2024: new mandate, party control push central bank beyond ordinary role

Rather than take drastic action to silo China from the US and insulate its economy from what already looked like a ticking time bomb, Wang promised his old friend the …

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auto loan rates: Upbeat on demand, car cos revise forecast upwards again

by Horatio Thompson
auto loan rates: Upbeat on demand, car cos revise forecast upwards again

The country’s car industry has for the second time revised upwards its growth projections for this fiscal to more than 8%, nearly twice the rate projected at the start of …

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Bank of Canada worries a rate cut now could overheat the spring housing market

by Anas Siddiqui
Bank of Canada worries a rate cut now could overheat the spring housing market

The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the …

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Opinion | Interest rates could stay higher for longer. Australia, New Zealand show why

by Ron Morgan
Opinion | Interest rates could stay higher for longer. Australia, New Zealand show why

At the end of last year, investors were convinced that interest rates in the world’s leading economies would come down sharply this year. Following the US Federal Reserve’s unexpected signal …

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Chinese investment bank joins chorus of experts as calls for fiscal stimulus intensify

by Walter Watson
Chinese investment bank joins chorus of experts as calls for fiscal stimulus intensify

A leading Chinese investment bank has amplified calls for Beijing to bolster fiscal support to consumers and businesses, citing a relative gulf in effect for pandemic-era stimulative actions taken by …

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Opinion | Fugitive thief of global debt is now a potential killer

by Anas Siddiqui
Opinion | Fugitive thief of global debt is now a potential killer

The Institute of International Finance (IIF) reported in its latest Global Debt Monitor on February 21 that over US$15 trillion was added to the global debt mountain last year, and …

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Analysts overwhelmingly expect BOJ to scrap negative interest rates in April

by Walter Watson
Analysts overwhelmingly expect BOJ to scrap negative interest rates in April

The Bank of Japan headquarters is seen in Tokyo on January 30, 2017. The Bank of Japan will pull the plug on its eight-year negative interest rate policy in April, according …

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