- China to Monitor Banks' Daily LDR from June
Chinese commercial banks may have to report their average daily loan-to-deposit ratios on a monthly basis from June this year, as the banking regulator specifies regulation on lending activities.
- 12 Killed in Belarus Station Blast
Death toll rose to 12 in a rush-hour explosion which tore through a metro station in the Belarus capital Minsk late on Monday.
- The Anatomy of Slow Recovery
So, what America needs now is not just a recovery in demand, but also structural adjustment. Unfortunately, the market cannot produce a demand recovery rapidly by itself.
- Chinese Yuan Hits New High; Pressures Remain
Chinese yuan continued its upward strength Monday despite a weaker-than-expected trade deficit data recorded in the first quarter, while pressures for yuan’s revaluation are still lingering.
- Can Radiation Be Good For You?
One thing is certain: at all but extremely low doses – perhaps only slightly higher than background levels – radiation causes cancer.
- Three Paths for Indebted Democracies
One is that they intervene directly in markets, both domestic and across borders. Another is that they muzzle democracy to suppress public anger. A third is that they find scapegoats.
- EMU 2.0?
The new emphasis on national budgetary rules is a welcome development – but it is only a first step.
- China Should Extend Home Purchase Restrictions: SIC
China's tightening measures in property, including higher down payments and stricter home purchasing restrictions, should be translated into a medium and long-termed policy that falls into five to ten years.
- An India-Pakistan Diplomatic Test Match
There have been indications of a gradual thaw. Senior officials from the ministries of commerce, defense, and foreign affairs will meet in the next two months followed by a meeting of the foreign ministers.