China’s central bank data
China’s central bank data released on February 12: at the end of January, Chinese financial institutions and foreign currency deposits was 49.47 trillion yuan (RMB, same below), which increased 22.9% compared with the same period last year.
However, Renminbi deposits amounted to 48.16 trillion yuan, which increased 22.98% compared with the same period last year and increased 3.25 percentage points over the end of last year.
Japan’s Cabinet Office: it is impossible before the fiscal year of 2014 to balance budget
Integrated foreign on January 16th, the Japanese Cabinet Office reported that, even if rapidly economic growth out of recession, it was impossible before the fiscal year of 2011 to achieve surplus of the settlement. The Japanese government has committed itself to the budget targets above. Recently, however, it has admitted that the existence of fulfilling that commitment was difficult, because the global economic recession was seriously damaging the country’s economy.
Japan’s central bank again lowered the domestic nine regional economic assessment
According to Kyodo News report, the officials issued the report after the meeting of the branches of the Bank of Japan. The report on Japan’s economy overall assessed: “the domestic economic situation continues to deteriorate.” The quarterly report pointed out that as the global economic downturn and the yen against other major currencies rising, Japan’s exports dropped significantly. In addition, output and profit of domestic enterprises declined and business investment also declined.
Nissan will transfer the production of the main vehicle March to Thailand
Xinhua in Tokyo, on January 16th, according to Xinhua, “Japanese Economic News” Web site in the latest news, in order to improve performance, increase the earning power, Nissan Motor Company will transfer the production of small cars of its main vehicle March to Thailan, which is expected to enable the reduce in the cost of production cars by about 30%. Nissan’s main small car March mainly is with Japanese domestic market-oriented in recent years
On Thursday the European Central Bank talked on interest rate and market was expected to cut interest rates by 0.5 percentage points
Panorama network on January 15th hearing, on Thursday the European Central Bank will hold a regular monetary policy meeting, in which the market generally expects the ECB will cut interest rates by 0.5 percentage points. Reuters latest survey shows that more than 75% of the respondents – analysts expected that the European Central Bank will continue to cut interest rates on Thursday, and the majority believe that it would cut 0.5 percentage points, and also has a small number of analysts believe the rate will cut interest rates of 0.25 percentage points.
Bank of America may get more government funding
The source said that the U.S. government nearly agreed for Bank of America once again to inject billions of dollars to help the digestion of Merrill Lynch’s M & A transactions. Because of the news, shares in Bank of America on the 14th after trading fell down more than 5 percent to the 17-year lowest. Integrated on January 15th foreign news reported, sources said, the U.S. government agreed to Bank of America (Bank of America Corp.) once again to inject billions of dollars to help the nation’s largest bank assets to digest the acquisition of Merrill Lynch (Merrill Lynch & Co.) transactions.
Australian central bank in December 2008 in the foreign exchange market sold 1.1 billion Australian dollars
Integrated foreign on January 15th, it was reported that the Reserve Bank of Australia (Reserve Bank of Australia) on 15th released data which revealed that the central bank in December 2008 in the spot market sold 1.1 billion Australian dollars. The data was included in the ECB monthly bulletin, was a reflection of the Australian central bank with a specified Australia or overseas bank foreign exchange about transactions in the Australian.
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