Banking Archives - Page 90 of 90 - International Finance

Good Governance Enhances Budget Oversight

International Finance DeskMarch 20, 2013

by International Finance DeskMarch 20, 2013

There are many benefits if the government increases transparency. There is a growing international consensus and compelling evidence demonstrating that fiscal transparency is directly linked to improved social outcomes and greater economic stability Phnom Penh, March 20, 2013 —Budget oversight through good governance is important because it makes governments work for the people, the World Bank...

Bank of Korea holds rates in current Governor’s last meeting

International Finance DeskMarch 13, 2013

by International Finance DeskMarch 13, 2013

Although there was no change in the South Korean central bank’s policy rate, a 25 basis point hike in 3Q 2014 is expected, says Ronald Man, Economist, Asian Economics Research, HSBC Ltd, Hong Kong Seoul, March 13: The Bank of Korea voted unanimously to hold its policy rate at 2.50% for the tenth consecutive month....

Japan’s apex bank keeps stimulus flowing to keep growth on track

International Finance DeskMarch 12, 2013

by International Finance DeskMarch 12, 2013

Bank of Japan warns of flat export performance even as business and consumer confidence takes a hit on sales tax hike, reports Team IFM Tokyo, March 12: Japan’s central bank has retained its pace of stimulus to keep its economic growth on rails, it said in a statement on Tuesday, even as it warned against...