CHINA TOPIX

12/22/2024 01:27:38 pm

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Central Bank

However, the numbers have also given rise to new debt concerns.

China Reports Higher than Expected Credit Growth in 2016, Raising Debt Concerns

China reported extending $1.82 trillion worth of loans in 2016, setting a new record. However, the numbers have also given rise to new debt concerns. The country is looking to fuel its economy by providing more stimulus in the form of credit and debt, without creating an asset bubble.

European Central Bank (ECB) President Mario Draghi addresses an ECB news conference in Frankfurt January 22, 2015.

ECB QE Back In Limelight as Other Central Banks Adjust Rates

At the European Central Bank's (ECB) meeting in Cyprus on Thursday, investors expect the ECB to disclose more about the government bond repurchase program of 1 trillion euros ($1.1 trillion) which starts this month, as well as to unveil its decision on Greece's four month loan extension plan.

Bank of China

China to Insure All Bank Deposits Up to 500,000 Yuan by January

The Bank of China plans to insure all bank deposits in the country for up to 500,000 yuan or $81,000 beginning January 2015.

Bank of China

China Lowers Interest Rates to Spur Growth, Reverse Slowdown

In a surprise move, China's central bank cut interest rates for the first time in two years.

China's Banks Pass Stress Test

China's banking system can withstand a huge drop in the country's economic growth or even a 400 percent rise in non-performing loans after the central bank said China's lenders have passed the stress test.

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