SUBSCRIBERS
Negative rates push central banks to take more risk
Published Tue, Apr 19, 2016 · 09:50 PM
London
NEGATIVE interest rates in the developed world have forced central bank managers to take more risks as they strive to maintain the value of the trillions of dollars worth of assets they hold in reserves, a survey showed on Tuesday.
The poll of 77 managers, responsible for reserves worth US$6 trillion, also showed some 32 central banks are now invested in China's renminbi, up from 20 a year ago, before the de…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US inflation increases moderately in February; consumer spending surges
Fed’s balancing act could see June rate cut in play even with sticky inflation
China’s red carpet draws CEOs but few expect their money to follow
Australia wants businesses to diversify after China scraps wine tariffs
Japan FX chief calls yen’s slump unusual, vows to act if needed
Trump’s meme stock is skyrocketing but for how long?