Nowhere to flow

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SaigonTimes English 1 week(s) ago

The cash flow is blocked in a situation alarming to all stakeholders, from depositors to banks and enterprises as well as the entire economy. It has been earlier lamented that the high interest rate has blocked enterprises’ access to bank loans, but fresh moves and outcries by bankers this week indicate another culprit: the capital absorptive ability of the economy. The blood vein – as the money circulation channel is likened to – is now clogged by the receptive organs,...

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Japans’s scary lesson on slashing interest rates

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Báo Thanh Niên English 3 week(s) ago

Japans’s scary lesson on slashing interest rates

Christine Lagarde wants her staff at the International Monetary Fund to examine what might happen to the global economy when central banks begin to raise interest rates. She’s wasting their time.

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Weak global economy key worry as IMF, World Bank meet

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Báo Dân Trí English 1 month(s) ago

Weak global economy key worry as IMF, World Bank meet

Advanced and developing countries alike voiced worries over fragile global growth, eurozone stagnation and the swamp of excess monetary liquidity as the IMF and World Bank spring meetings kicked off.

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Vietnam banks demur as yet another deposit rate cut looms

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Báo Thanh Niên English 1 month(s) ago

A government advisory committee has said a further cut in deposit rates is possible in the current economic situation and will boost borrowing, something that earlier cuts failed to do.

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Central bank calls for loan interest cuts

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Nhân dân English 1 month(s) ago 1 duplicate news 1 related news

Central bank calls for loan interest cuts

Nhan Dan Online – State Bank of Vietnam (SBV) Governor Nguyen Van Binh has called on commercial banks to cut costs in order to reduce interest rates on business loans.

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ECB chief slams Cyprus bailout

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Báo Đầu Tư English 1 month(s) ago

ECB chief slams Cyprus bailout

The European Central Bank chief hit out on Thursday at what he said was a poorly managed bailout for eurozone Cyprus as protests at the crippling costs for the small Mediterranean island raged on.

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Bid to curb bank bonuses returns to haunt EU

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VietNam News English 2 month(s) ago

European Union finance ministers face a potentially stormy on Tuesday session fighting over whether curbs on bankers' bonuses should be written into key new legislation controlling the security of banks' core reserves.

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EU officials agree to historic cap on banker bonuses

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Báo Dân Trí English 2 month(s) ago

EU officials agree to historic cap on banker bonuses

The European Union struck a historic deal on Thursday to cap bankers’ bonuses, which critics say played a major role in feeding the financial crisis. New rules require banks to improve their stability in order to withstand future economic crises.

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Banking on a better future

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Báo Đầu Tư English 2 month(s) ago

Banking on a better future

One of the leading foreign bankers in Vietnam, Louis Taylor, chief executive officer of Standard Chartered Bank Vietnam, tells VIR’s Hanh Trang about his expectations for the country’s macroeconomy and its banking system in 2013.

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G20 nations defuse talk of 'currency war'

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Báo Dân Trí English 3 month(s) ago

G20 nations defuse talk of 'currency war'

G20 nations declared on Saturday that there would be no “currency war”, as finance ministers and central bankers deferred plans to set new debt-cutting targets.

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British banks face break-up if fail to ring-fence: Osborne

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VietNam News English 3 month(s) ago

Britain's biggest banks will face being broken up if they fail to ring-fence their retail and investment arms, under draft legislation set to be announced by finance minister George Osborne on Monday.

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Happy hour in Asia as global booze makers eye deals

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Báo Tuổi Trẻ English 4 month(s) ago

Happy hour in Asia as global booze makers eye deals

The biggest global alcohol companies are sizing up buyout and tie-up opportunities in China, India, South Korea and Vietnam, keen to profit from a $258 billion Asian market that is growing twice as fast as the rest of the world.

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Banks call for room to fund giant projects

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Báo Đầu Tư English 4 month(s) ago

Banks call for room to fund giant projects

Vietnam-based bankers are suggesting that the State Bank should actively ease regulations on single-borrower limits to enable them to finance large foreign invested projects.

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Vietnam has 290 stock millionaires

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Hanoi Times English 4 month(s) ago

The Hanoitimes - The total stock assets of the 500 richest stock millionaires in 2012 reach 75 trillion VND. More than a half of the 500 millionaires have the assets of over o­ne million dollars.

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Call for flexible management

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Báo Đầu Tư English 5 month(s) ago

Call for flexible management

Monetary measures enacted by the State Bank of Vietnam have shown success in ensuring macro-economy stability.

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