Last Updated: Saturday, December 21, 2013, 01:46
Janet Yellen on Friday took a big step toward becoming the first woman to chair the central bank as her nomination cleared a Republican procedural hurdle in the Senate.
Last Updated: Thursday, December 19, 2013, 15:15
Tharman was appointed as chairman of the International Monetary and Financial Committee (IMFC) for three years in March 2011, and was the first Asian to be appointed to the position.
Last Updated: Wednesday, December 18, 2013, 21:21
The level of bad loans -- ones judged highly unlikely to be repaid -- rose to 13 percent of all outstanding credit from 12.68 percent in August, figures from the Bank of Spain showed.
Last Updated: Saturday, December 14, 2013, 16:29
Brazil`s Central Bank (CB) announced that beginning from Jan 24 next year, it will issue a limited edition of gold, silver and cupro-nickel commemorative coins for 2014 FIFA World Cup.
Last Updated: Friday, December 06, 2013, 15:38
Singapore's central bank has called on financial institutions to tighten up cyber security after a database on elite customers of Standard Chartered Bank was compromised.
Last Updated: Thursday, December 05, 2013, 19:36
The European Central Bank Thursday held its key interest rate at a record low of 0.25 percent, as widely expected, holding back for now on further moves to boost the struggling eurozone economy.
Last Updated: Thursday, November 28, 2013, 23:23
European banks will require 280 billion euros (USD 380 billion) of extra capital in 2014 to meet reforms aimed at avoiding a repeat of the global financial crisis, according to a report published Thursday.
Last Updated: Thursday, November 28, 2013, 23:19
Chronically weak lending and persistently low inflation suggest the eurozone`s fight against deflation is not over and more action may be needed from the European Central Bank, analysts said Thursday.
Last Updated: Thursday, November 28, 2013, 17:13
One person died and another was injured when dacoits opened fire while looting the Central Bank of India`s Jakadevi branch in Ratnagiri district Thursday, police said.
Last Updated: Monday, November 25, 2013, 15:32
European Central Bank Governing Council member Christian Noyer said on Monday that interest rates have to remain low for an extended period and might go even lower if needed as officials try to ensure the euro zone does not fall into deflation.
Last Updated: Friday, November 22, 2013, 17:55
With euro zone inflation running at 0.7 percent, well below its target of just under 2 percent, a raft of ECB speakers this week have said it is open to taking fresh measures to support the economy.
Last Updated: Friday, November 22, 2013, 15:35
The European Central Bank said on Friday it is suspending early repayments by banks of the emergency funds they borrowed at the height of the eurozone crisis.
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