| Banking regulation prime concern: Fed | 22-NOV-09 |
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| Federal Reserve officials are stepping up scrutiny of the biggest US banks to ensure the lenders can withstand a reversal of soaring global-asset prices, according to people with knowledge of the matter. |
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| Fed's choices 'severely limited' savings on AIG | 18-NOV-09 |
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| The Federal Reserve Bank of New York gave up efforts to save taxpayer money on American International Group Inc’s rescue after the insurer’s biggest trading partners refused to make concessions, said a Treasury watchdog. |
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| Bernanke says Fed will keep eye on sliding dollar | 17-NOV-09 |
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| Federal Reserve Chairman Ben Bernanke has said that the central bank will monitor the sliding U.S. Dollar but pledged anew to keep interest rates at record lows to nurture the economic recovery. |
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| Suman Bery: India in Asia | 10-NOV-09 |
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| The concept of Asia has ever been fluid and elusive, for outsiders as much as within the region. The Romans invented the name to refer to the lands beyond the Mediterranean explored by Alexander. Asia Minor, Rome’s “near abroad”, is current day Anatolia in Turkey. |
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| US Fed leaves key rates unchanged | 05-NOV-09 |
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| The US central bank has retained near-zero rate regime to boost the country's fragile recovery and said cheap credit would continue for an "extended period". |
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| BlackRock, T Rowe Price seek Fed loans to buy bonds | 30-OCT-09 |
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| Mutual funds run by companies including BlackRock Inc. and T. Rowe Price Group Inc. have begun buying bonds through a $1 trillion government lending programme after a June regulatory ruling cleared the way. |
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| A V Rajwade: Curbing capital flows | 26-OCT-09 |
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| Last week, I had argued that “If there are problems in managing the exchange rate … because of capital inflows, the correct course is to curtail the latter: Too many countries have suffered by allowing the currency to appreciate because of capital inflows, and the current account deficit to become unsustainable (Mexico 1994-95, East Asia 1997-98, Argentina 2001)”. I had not imagined that another BRIC member would act on the point so soon. |
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| That 70s show | 16-OCT-09 |
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| Dow 10,000: Investors have rejoined the 10,000 Maniacs. The Dow Jones Industrial Average closed above that level on October 14. The venerable US stock benchmark first crossed that threshold in the dotcom bubble. It held higher for five years during the housing bubble. Long-term metrics suggest it is now in a new bubble. If the Great Depression or even the 1970s are a guide, it'll be back and forth across 10,000 for years. |
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| Watchdog raps govt on AIG bonuses | 15-OCT-09 |
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| The Treasury Department failed to monitor “explosively controversial” bonuses American International Group (AIG) paid to executives before committing to pump another $30 billion into the insurer, said the chief watchdog of the US financial rescue programme. |
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| Think about the risks | 15-OCT-09 |
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| Interest rates: Near-zero policy interest rates are powerful. If the claims of financial economists are to be believed, they are holding up economic activity and bank balance sheets. But their magic isn’t only beneficial. They also distort behaviour in dangerous ways. |
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