People's Bank News on Daylife

Bank Robbed In New Britain

Mon, 30 Nov 2009 21:06:17 GMT

NEW BRITAIN, Conn. -- Police in New Britain said a bank was robbed on West Main Street. Police said around noon on Monday, a bank robbery occurred at the People's Bank located at 677 West Main St. in New Britain.
Source: WFSB

China issues 2010 panda commemorative coins

Mon, 30 Nov 2009 13:15:44 GMT

BEIJING, Nov. 30 (Xinhua) -- The People's Bank of China, or the central bank, issued a set of gold and silver commemorative coins on Monday, including 7 gold coins and 3 silver coins in one set.
Source: Xinhua

China Creates Clearinghouse for Derivatives

Sun, 29 Nov 2009 14:30:13 GMT

By Denis McMahon SHANGHAI—China launched a new body to centralize settlement and clearing of financial products traded among the country's banks, in a move that could bolster confidence in China's derivatives markets and open the way for the regulators...
Source: Wall Street Journal

WisdomTree says yuan may be undervalued by 35%

Wed, 25 Nov 2009 04:37:32 GMT

The yuan may be 30 percent to 35 percent undervalued against the dollar, which will force the government to let the currency rise, said Jonathan Steinberg, chief executive officer of WisdomTree Investments Inc.
Source: China Post

Vice foreign minister: 'RMB rate's flexibility may widen'

Wed, 25 Nov 2009 01:13:40 GMT

But he said, China will further work on the exchange rate policy on its own initiative and in a constructive and controllable manner.
Source: Danwei

RMB rate fine-tuning is possible

Wed, 25 Nov 2009 00:54:14 GMT

The vice-foreign minister said the RMB rate's flexibility may widen, echoing the nation's central bank a month ago.
Source: People's Daily Online

EU to push China for stronger yuan

Tue, 24 Nov 2009 18:36:00 GMT

T rying where Barack Obama failed a week ago, a trio of top European Union policymakers troops to China this weekend to press the case for a stronger yuan. Their chances of success are as dim as those of the U.S. president.
Source: Globe and Mail

Zhu Min appointed VP of China's central bank

Tue, 24 Nov 2009 03:20:15 GMT

The State Council Monday appointed Zhu Min, former vice president of the Bank of China, as deputy governor of the People's Bank of China, the country's central bank.
Source: People's Daily Online

Quoted in 'beware'

Mon, 23 Nov 2009 08:43:43 GMT

said in Globe and Mail:

Investors now seem to have given up on the idea that the new language [by the People's Bank of China] signalled an imminent shift in the exchange rate

Quoted in 'China's Nasdaq-style board off to soaring start'

Fri, 30 Oct 2009 11:46:55 GMT

said in Channel News Asia:

The People's Bank of China and the entire financial system will continue to pay attention to and support the development of the ChiNext market

Bottle Bank Arcade - TheFunTheory.com - Rolighetsteorin.se

Thu, 15 Oct 2009 21:04:22 GMT

Photo from AP Photo

Tue, 28 Jul 2009 09:19:22 GMT

Governor of the People's Bank of China Zhou Xiaochuan, center, and his delegation arrive at the Treasury Department in Washington Tuesday, July 28, 2009, for meetings with Treasury Secretary Timothy Geithner at the U.S.-China Strategic and Economic Dial...

Photo from AP Photo

Mon, 27 Jul 2009 14:09:16 GMT

From left, Governor of the People's Bank of China Zhou Xiaochuan, Chinese Minister of Finance Xie Xuren, and China's Vice Premier Wang Qishan, speak together as they gather for a meeting with their U.S. counterparts during the U.S.-China Strategic and E...