China Financial Daily

June 14, 2011

Central bank exposing corrupt officials who flee to some other place: officials had fled with money 800 billion

Filed under: Financial News — Tags: — sherry @ 10:45 pm -0700

Central bank exposing corrupt officials who flee to some other place: officials had fled with money 800 billion
Chinese Academy of Social Sciences Research Disclosure : Since the mid-nineties of last century, exodus of party and government cadres, public security, justice officials and state institutions, senior management of state-owned enterprises and overseas Chinese-funded institutions flight, up to the number of missing persons 16,000 to 18,000 people, carrying amount of 800 billion yuan. In recent years, official media exposure of corrupt elements flight or to transfer funds outside of the typical cases are too numerous. The suspects fled overseas destinations mainly in North America, Australia and Southeast Asia.

Share/Bookmark

PBOC: Central bank raised the deposit reserve ratio by 0.5 percentage points

Filed under: Financial News — Tags: — sherry @ 1:27 am -0700

PBOC: Central bank raised the deposit reserve ratio by 0.5 percentage points
People’s Bank of China , from June 20, 2011 , the raised deposit-taking financial institutions of RMB deposit reserve ratio will be increased by 0.5 percentage points.

Share/Bookmark

June 1, 2011

Thailand central bank raises interest rates by 25 basis points to 3.0%

Filed under: Financial News — Tags: — sherry @ 2:06 am -0700

Thailand central bank raises interest rates by 25 basis points to 3.0%
News on June 1, 2011: The Thai central bank announced to raise interest rates by 25 basis points to 3.0% , which is in line with expectations. This is fourth time that Thai central bank increases its interest rate to inhibit its inflation.

Share/Bookmark

Copyright © 2009 ChinaFinancialDaily.com; Powered by WordPress