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About 7 results for "richard iley"

Was Bank of Korea's rate cut necessary?

Richard Iley, Chief Economist, Asia at BNP Paribas, says the rate cut was a "relatively low risk" option for the Bank of Korea amid sluggish global growth and falling CNBC, 1 month ago

Dollar rally turns spotlight on China

China's currency has long been hitched to someone else's wagon — the US dollar. But as central banks across the developed world plot diverging courses, it is fast becoming apparent that the renminbi is prone to travel sickness. Some analysts ...
 DAWN Group2 weeks ago

Yuan's Rally Versus Peers Signals Devaluation: Chart of the Day

The yuan's rally to a record against the currencies of China's major trade partners may be ending as authorities are likely to engineer a "mini devaluation" to spur the economy, according to BNP Paribas SA. The CHART OF THE DAY shows that the ...
 BusinessWeek4 weeks ago

Chinese CPI slips to lowest in almost five years

Chinese inflation dropped to an almost five-year low in September, tumbling to 1.6% on year from 2% in August and coming in below consensus of 1.7%. On month, CPI +0.5% vs +0.2 and +0.4%. (PR) Factory gate prices (PPI) slumped 1.8% vs -1.2% and ...
 Seeking Alpha1 month ago Wall Street Breakfast: Chinese CPI Slips To Lowest In Almost 5 Years  Seeking Alpha1 month ago

China consumer inflation cools to near 5-year lows

China's consumer inflation eased in September to levels not seen since January 2010, further evidence that the world's second-largest economy is losing momentum but giving policymakers room for more stimulus if necessary. Consumer prices rose 1.6 ...
 CNBC1 month ago
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