Latest News for: Asia central banks


Markets maintain record run as Reliance rallies

Yahoo Daily News 14 Jun 2021
World stocks spurted to record highs ahead of the Federal Reserve's policy meeting later this week, with investors wagering on a continuation of its dovish stance even as the US central bank gets ready to discuss tapering its massive bond-buying programme. Elsewhere in Asia, bourses in Tokyo and Seoul ended on a positive note.

Headlines in Iranian English-language dailies on June 14

Irna 14 Jun 2021
IRICA ... Rouhani touched on his administration’s battle with the cruel sanctions, saying a great deal of effort has been made by the Central Bank of Iran to ease the import of agricultural inputs. -- Iran Down Qatar at FIBA Asia Cup Qualifiers. Iran have inched closer to booking a ticket to the 2021 FIBA Asia Cup after beating Qatar by 38 points, 84-46.

Turkmenistan says China gas pipeline debt paid off

The Times of India 12 Jun 2021
During a visit to the country in 2011, China Development Bank's then-president Jiang Chaoliang said that the bank had loaned Turkmenistan $8.1 billion for the projects. The pipeline known as the Central Asia-China pipeline began deliveries in late 2009 and currently has three strands.

Global equity funds face biggest outflow in six weeks -Lipper

Metro USA 11 Jun 2021
(Reuters) – Global equity funds faced big outflows in the week to June 9, as investors were wary ahead of U.S ... However, the outflows were mainly focussed on U.S ... Subscribe. ... In Asia, South Korean equity funds faced $2.2 billion worth of outflows on concerns that its central bank might tighten its monetary policy earlier than expected ... .

Ahead of Market: 12 things that will decide stock action on Friday

The Times of India 10 Jun 2021
Focus will now be on the Fed's monetary policy meeting next week for more clues about the central bank's stance on tapering its massive stimulus ... The European Central Bank maintained an elevated flow of stimulus as expected on Thursday, fearing that any retreat now would ...

Tech stock futures slip as investors brace for a jump in inflation, while bitcoin rebounds ...

Business Insider 10 Jun 2021
In Europe, the Stoxx 600 was down 0.08% as the European Central Bank prepared to set monetary policy. In Asia overnight, China's CSI 300 rose 0.67% while Japan's Nikkei 225 climbed 0.34% ... to shift its position, Alan Ruskin, chief international strategist at Deutsche Bank, said.

MAS to commit $2.4b for climate-linked investments

Straits Times 09 Jun 2021
This makes MAS the first central bank in Asia, and the second globally after the Bank of England, to publish a standalone sustainability report covering environmental risk and sustainability efforts across all its functions and operations.

Market opens with minor gains, Sensex on a flat note

Hindustan Times 09 Jun 2021
Investors are uneasy about high valuations in the home market, while they looked to key central bank meetings for clues on the direction of the world economy, news agency Reuters cited analysts as saying ... The European Central Bank is also set to meet later in the week.

South Korea's Q1 economic growth faster than expected at 1.7%

Sify 09 Jun 2021
South Korea's economy grew slightly faster than expected in the first quarter, thanks to a robust recovery of exports and facility investment, inching the nation's economic growth closer to the pre-pandemic level, central bank data showed on Wednesday. Asia's fourth-largest ...

S.Korea's Q1 economic growth faster than expected at 1.7%

Suryaa 09 Jun 2021
Seoul, June 9 (IANS) South Korea's economy grew slightly faster than expected in the first quarter, thanks to a robust recovery of exports and facility investment, inching the nation's economic growth closer to the pre-pandemic level, central bank data showed on Wednesday.

Indonesia tycoon’s name is mud over unpaid disaster dues

Asiatimes 09 Jun 2021
Once listed as one of Indonesia’s wealthiest men, Bakrie now doesn’t appear on the latest Forbes Top 50 rich list, headed by Robert and Michael Hartono, owners of Bank Central Asia (BCA), the country’s largest private bank, and the Djaram cigarette empire ... The banks don’t want to deal with them at all.”.

World Bank Warns Of 'Uncertain' Economic Outlook For Europe, Central Asia

Radio Free Europe 08 Jun 2021
The World Bank says that Europe and Central Asia continue to grapple with containing the coronavirus pandemic, which is clouding the economic outlook for the region ... The World Bank includes the following countries in its forecasts for the Europe and Central Asia region.

Many of the uber-rich pay next to no income tax, ProPublica finds

Kearney Hub 08 Jun 2021
Woo attended the University of Cincinnati and Columbia University then started his career in banking in New York in 1972 ... banking, tobacco ... banking, tobacco ... With their fortune, they became the largest shareholders in Bank Central Asia, the biggest bank in Indonesia ... Fast Retailing is Asia’s biggest clothing retailer.

Uzbekistan's ancient city of Samarkand gets urban sustainability boost

Sina 07 Jun 2021
"Samarkand, one of the oldest inhabited cities in Central Asia, which prospered from its location on the Silk Road trade route between China and the ...