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Posts Tagged With: interest rates
China Cuts Interest Rates the 5th Time in 3 Months
December 22nd, 2008 at 7:55 am » Comments (0)
China's central bank on Monday cut loan and deposit rates by 0.27 percentage point, effective Tuesday, in the government's latest move to stimulate the economy. It was the fifth time ...more »Indonesia, New Zealand and Thailand Cut Rates
December 4th, 2008 at 7:08 am » Comments (0)
Bloomberg - Indonesia’s central bank unexpectedly lowered interest rates for the first time in a year to shield Southeast Asia’s biggest economy from the global recession. Governor Boediono and his ...more »November Inflation Dives in Thailand, Korea, Australia
December 1st, 2008 at 4:52 pm » Comments (0)
Inflation in Thailand, South Korea and Australia plunged in November in sync with a global retreat, giving central banks room to slash interest rates to soften the blow from the ...more »China Surprises with Steep Interest Rate Cut to Boost Growth
November 26th, 2008 at 6:48 am » Comments (0)
China's central bank, the People's Bank of China (PBOC), today announced it will cut benchmark interest rates, the fourth time in three months, by a surprising 1.08 percentage points, much ...more »Malaysia’s Central Bank Cuts Rate to Spur the Economy
November 25th, 2008 at 7:40 am » Comments (0)
Bank Negara Malaysia (BNM) has announced a cut of 25 basis points (a quarter of one per cent) in the Overnight Policy Rate (OPR) to 3.25% to stimulate spending and ...more »Japan Cuts Interest Rates for the First Time in 7 Years
October 31st, 2008 at 6:58 am » Comments (0)
Japan's central bank has announced cutting its key interest rate by 20 basis points to 0.30 per cent, stepping up efforts to calm shaky markets and fight recession in Asia's ...more »