central bank chief

Venezuela completes repatriation of gold


February 1st, 2012 - 12:57 pm ICT by IANS
Caracas, Feb 1 (IANS/EFE) The Venezuelan government received the last 14 tonnes of gold of a total of 160 tonnes that were deposited in banks in other countries, and which ... Read more...

Posted in Business |

New Zealand central bank chief to step down


January 30th, 2012 - 1:30 pm ICT by IANS
Wellington, Jan 30 (IANS) The head of New Zealand's central bank, Alan Bollard, announced Monday that he is to retire later this year after a decade in the post.The governor ... Read more...

Posted in Business |

Rely less on foreign credit ratings: Chinese official


December 26th, 2011 - 3:22 pm ICT by IANS
Beijing, Dec 26 (IANS) China's central bank chief Zhou Xiaochuan has called on the country's major financial institutions to enhance their own judgment in making choices and reduce dependence on ... Read more...

Posted in Business |

Cost-cutting measures fall short: Italy’s central bank chief


October 13th, 2011 - 11:57 am ICT by IANS
Rome, Oct 13 (IANS/AKI) Italy's recent efforts to put its public finances on a healthier footing are falling short, according to the head of the Bank of Italy, Mario Draghi."The ... Read more...

Posted in Business |

Venezuela to pull gold reserves out of US, Europe


August 19th, 2011 - 11:25 am ICT by IANS
Caracas, Aug 19 (IANS/EFE) Venezuela will remove its international gold reserves from the US and Europe and place them in countries with "solid" economies like China, Russia and Brazil, President ... Read more...

Posted in Business |

Violence has affected investment, growth: Mexico’s central bank


April 8th, 2011 - 11:06 am ICT by IANS
Mexico City, April 8 (IANS/EFE) Crime and violence have become "the most important factors inhibiting growth and investment" in Mexico in the past few months, the governor of the country's ... Read more...

Posted in Business |

Mexico’s central bank raises growth forecast


February 10th, 2011 - 3:15 pm ICT by IANS
Mexico City, Feb 10 (IANS/EFE) Mexico's central bank has announced it has revised upward its forecast for economic growth this year, from a range of 3.2 percent to 4.2 percent to one ... Read more...

Posted in Business |

Pakistan’s central bank chief quits ahead of budget


June 3rd, 2010 - 8:04 pm ICT by IANS
Islamabad, June 3 (IANS) Pakistan's central bank governor has resigned citing "personal reasons", two days ahead of the announcement of the country's annual budget. Syed Salim Raza, Governor of State Bank of Pakistan ... Read more...

Posted in South Asia |

Argentina’s central bank chief resigns


January 31st, 2010 - 5:46 am ICT by IANS
Buenos Aires, Jan 31 (IANS/EFE) Argentina's central bank head Martin Redrado has resigned. His resignation came before a congressional panel could issue a non-binding opinion on President Cristina Fernandez's decision to fire ... Read more...

Posted in Business |

Argentine court reinstates sacked Central Bank chief


January 9th, 2010 - 12:18 pm ICT by IANS
Buenos Aires, Jan 9 (DPA) A judge overturned Argentine President Cristina Fernandez de Kirchner's move to sack Central Bank President Martin Redrado. Fernandez de Kirchner had issued a decree Thursday accusing Redrado of ... Read more...

Posted in Business |

Mugabe back home as officials deny reports of his illness


August 26th, 2009 - 7:18 pm ICT by IANS
Harare, Aug 26 (DPA) President Robert Mugabe has returned home from "a private visit" to Dubai, government officials said Wednesday, contrary to reports that he was undergoing treatment there. An official who requested ... Read more...

Posted in Politics |

Scope to reduce bank lending rates: RBI chief (Lead)


May 14th, 2009 - 1:14 am ICT by IANS
Bangalore, May 13 (IANS) There is scope for banks to reduce lending rates in the current economic scenario, Reserve Bank of India (RBI) Governor D. Subbarao said here late Wednesday. "Given the ... Read more...

Posted in Business |

Scope to reduce bank lending rates: RBI chief


May 13th, 2009 - 11:58 pm ICT by IANS
Bangalore, May 13 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao late Wednesday said there was scope to reduce lending rates by banks in the current economic context. "Given the current economic ... Read more...

Posted in Business |

China’s economy recovering, says central bank chief


April 26th, 2009 - 1:41 pm ICT by IANS
Washington, April 26 (Xinhua) China's central bank chief has said the country's economy has done better than expected in the wake of the ongoing economic slowdown. "Facing the impact of the financial crisis, ... Read more...

Posted in Business |

US recession could end this year: Bernanke


March 16th, 2009 - 7:44 am ICT by IANS
Washington, March 16 (DPA) US Federal Reserve chairman Ben Bernanke said in a television interview aired Sunday that the recession could end this year if the banking and financial systems can be ... Read more...

Posted in Business |

US stocks rally most in a month after Bernanke’s testimony (Lead)


February 25th, 2009 - 11:14 am ICT by IANS
New York, Feb 25 (DPA) US stocks made their strongest gains in a month Tuesday after Federal Reserve Chairman Ben Bernanke said that government action could pull the US economy out of ... Read more...

Posted in World |

European shares trim losses amid renewed volatility (Lead)


October 27th, 2008 - 11:43 pm ICT by IANS
Frankfurt, Oct 27 (DPA) European shares staunched early big losses Monday amid renewed hopes about interest rate cuts and after some positive US economic data.As trading on European stock markets drew to ... Read more...

Posted in Uncategorized |

German foreign minister bound for Pakistan, Gulf


October 27th, 2008 - 11:43 pm ICT by IANS
Berlin, Oct 27 (DPA) Germany's Foreign Minister Frank-Walter Steinmeier was flying to Pakistan Monday at the start of a four-day diplomatic tour that will also take him to Saudi Arabia and the ... Read more...

Posted in Uncategorized |

Netherlands offers 20 bn euros for finance sector


October 10th, 2008 - 8:13 am ICT by IANS
Amsterdam, Oct 10 (DPA) The Netherlands late Thursday made available another 20 billion euros ($27.3 billon) to shore up the liquidity of banks embattled by the global financial crisis, Finance Minister Wouter ... Read more...

Posted in Uncategorized |

Global market mayhem evokes mixed reaction in Latin America


October 8th, 2008 - 2:59 pm ICT by IANS
Mexico City, Oct 8 (Xinhua) Latin American countries have reacted differently to the current world financial crisis with some governments urging more support from developed nations and some others taking active measures ... Read more...

Posted in Business |

Iran’s central bank chief replaced amid differences over economic management (Lead)


September 24th, 2008 - 1:27 pm ICT by IANS
Tehran, Sep 24 (IANS) In what looks like widening differences with officials over his economic policies, Iranian President Mahmoud Ahmadinejad has sacked the country's central bank chief Tahamasseb Mazahari, replacing him with ... Read more...

Posted in World |

Iran’s central bank chief replaced


September 24th, 2008 - 11:51 am ICT by IANS
Tehran, Sep 24 (DPA) The Central Bank of Iran (CBI) chief Tahmasseb Mazaheri has been replaced by his general secretary Mahmoud Bahmani, Iranian Students' News Agency (ISNA) reported.Mazaheri is the second ... Read more...

Posted in Business |

Iran’s central bank chief resigns over differences with Ahmadinejad


September 21st, 2008 - 10:24 am ICT by IANS
Tehran, Sep 21 (DPA) Iran's Central Bank Chief Tahmasseb Mazaheri has resigned and is to soon be replaced by the bank's general secretary Mahmoud Bahmani, Fars news agency has reported.Mazaheri, who declined ... Read more...

Posted in Business |

US central bank chief warns of continued inflation threat


July 17th, 2008 - 7:28 am ICT by IANS
DPA Washington, July 17 (DPA) In a second day of Congressional testimony, US central bank chief Ben Bernanke warned Wednesday that inflation could continue to threaten the economy, while government figures showed rocketing ... Read more...

Posted in World |

US Fed chief warns of continued inflation


July 17th, 2008 - 1:28 am ICT by IANS
DPA Washington, July 16 (DPA) US central bank chief Ben Bernanke warned Wednesday that inflation could continue to increase in the near term, as government figures showed rocketing petrol prices had pushed inflation ... Read more...

Posted in World |

US economy facing ‘numerous difficulties’, says Fed chief


July 15th, 2008 - 10:06 pm ICT by IANS
Xinhua Washington, July 15 (Xinhua) The US economy continues to face "numerous difficulties", including persistent strains in financial markets, declining house prices and rising prices of oil and food, Federal Reserve chairman Ben ... Read more...

Posted in Business |

Britain’s economy facing biggest threat in 20 years: Official


June 19th, 2008 - 7:54 pm ICT by IANS
Xinhua London, June 19 (Xinhua) The Bank of England governor has said that Britain's economy is facing the biggest threat in 20 years, giving a grim picture of the country's financial future, a ... Read more...

Posted in World |

Russia’s president vs premier: Who does what?


May 7th, 2008 - 4:52 pm ICT by admin
DPA Moscow, May 7 (DPA) Vladimir Putin is swapping the presidency for the prime minister's post as he stepped down Wednesday to leave room for his hand picked successor-elect, Dmitry Medvedev. While the ... Read more...

Posted in World |

Asia-Pacific stocks nosedive after Fed cut


March 17th, 2008 - 6:32 pm ICT by admin
DPA Tokyo, March 17 (DPA) Stocks across the Asia-Pacific nosedived Monday along with the US dollar as investors worried that the credit crisis is worsening after JP Morgan Chase and Co agreed to ... Read more...

Posted in World |

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