Central Bank Injects Funds for First Time

China's central bank has injected new liquidity into the money markets via an open market operation. This is the first time the PBOC has done this since February. The injection, a 17 billion yuan bond repurchase, marks the first time in 5-months the

经济学人06:世界经济 任重而道远

Finance and Economics；The world economy；Mountains to climb 财经；世界经济；任重而道远 August was a nerve-racking month for the world economy. September and October will be no better 对世界经济来说，八月是伤脑筋的一个月

VOA标准英语2008年-Russian Government Increases Market Liquidity

Russia's government is pledging an additional $20 billion to help stabilize domestic financial markets, as trading remains suspended for the second day amid punishing declines in stock prices. VOA Moscow Correspondent Peter Fedynsky reports. Preside

希腊中小企业寻求新的激励机制

ATHENS, June 13 (Xinhua) -- As a businessman and the President of the National Confederation of Greek Commerce (ESEE), Vassilis Korkidis knows well the impact of the three-year debt crisis on Greek enterprises, in particular small and medium-size one

中国的货币政策将更稳健

BEIJING, April 18 (Xinhua) -- Given the changes to its economy and financial market, China's monetary policy will maintain a certain degree of looseness in the coming months, but prudence will feature more prominently than last year. Positive signs a

Spain Denies Seeking Bank Bailout

LONDON - Spain's economy minister has been forced to deny reports his government is seeking international help to prop up its banks, as fears grow that many lenders are facing huge losses on loans. Several banks in Europe's strongest economy, Germany

VOA常速英语2008年-Bank of England to Improve System Liquidity

By Tom Rivers London 21 April 2008 Britain's central bank, the Bank of England, has announced a plan aimed at preventing the unfolding international credit crisis from causing more damage to the British economy. Under the deal, lending institutions w

Monetary policy to remain prudent: central bank official

BEIJING, Feb. 19 (Xinhua) -- China's central bank said Sunday it will maintain a prudent monetary policy as the country faces pressure in supporting growth and containing inflation. The remarks, made by an official with the People's Bank of China (PB

China cuts its reserve ratio again

BEIJING, May 13 (Xinhuanet) - China's central bank announced on Saturday it would lower the reserve requirement for commercial lenders by 50 basis points, the second time it has taken such action this year to inject more market liquidity and shore up

央行降准降息支持实体经济

The People's Bank of China says the economy is still facing downward pressure. Meanwhile, the global financial market has shown major fluctuations recently. Therefore, the central bank has concluded that it's necessary to apply flexible monetary poli

金砖国家新开发银行上海开业

The opening comes after a BRICS summit held in the Russian city of Ufa earlier this month, where leaders from Brazil, Russia, India, China and South Africa talked about some final details of the multilateral lender. Chinese Finance Minister Lou Jiwei

China's central bank governor stresses inflation control

China's central bank governor stresses inflation control BEIJING, Oct. 13 (Xinhua) -- China's central bank governor has urged fending off inflationary risks amid worldwide efforts to shore up the sluggish global economy by easing monetary policies. Z

Central bank starts 4.8 bln USD repurchase operation

BEIJING, Feb. 19 (Xinhua) -- The People's Bank of China (PBOC) on Tuesday started a 28-day repurchase operation worth 30 billion yuan (4.8 billion U.S. dollars) for the first time since June, according to a statement on its website. A repurchase oper

World banking regulator amends liquidity rules

GENEVA, Jan. 6 (Xinhua) -- The Basel Committee on Banking Supervision on Sunday amended the Liquidity Coverage Ratio (LCR) proposed two years ago to help banks survive difficult times. The changes to the definition of the LCR, a key component of the

China's central bank keeps 3-month bill yield unchanged

BEIJING, March 17 (Xinhua) -- The People's Bank of China (PBOC), or the central bank（中央银行 ）, auctioned 50 billion yuan (7.61 billion U.S. dollars) of three-month bills at a yield of 2.7944 percent on Thursday, temporarily easing speculati

中国降准降息提振经济

This is the third RRR reduction in nearly five months, and the fourth round of interest rate cuts in nearly seven months. According to the People's Bank of China or PBOC, the latest move aims to further lower borrowing costs and boost the economy thr

经济学人:印度的非银行金融 (2)

Few think that a liquidity crisis is the firm's only problem. Even when its credit was good, its projects had a nasty habit of busting their budgets. 少数人认为清偿危机是公司唯一的问题。即便公司信用良好，其项目也会习惯

专业术语-财务英语词汇I13

intangible assets 无形资产 intangible property 无形财产 integrated accounting system 综合会计制度 intended dividend 拟宣布摊还债款 intending borrower 拟借款人 intending purcha

China to timely fine-tune monetary policy: central bank

BEIJING, May 10 (Xinhua) -- China will maintain a prudent monetary policy in the months ahead, while timely and appropriately fine-tuning the policy, the People's Bank of China (PBOC), or the central bank, said Thursday. The government will make its

CCTV9英语新闻：PBOC assures supply, urges firm liquidity mgmt.

China central banks assurance of liquidity supply is easing tension across Asian markets today. Asian shares edged higher to reverse a four-day losing streak on Wednesday. Investors took comfort from the PBOCs vow to provide funds to institutions if