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China Stocks Surge After Government Measures to Boost Economy

The New York Times: Banking

The government has fired up investors by encouraging banks to lend more to buyers of stock and real estate, but economists say more stimulus is needed.

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How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks

The New York Times: Banking

Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the government has extensive control of the system.

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Bank of Japan Takes Another Step Away From Easy Money

The New York Times: Banking

The Bank of Japan said it would be more flexible in how it managed government bond yields, citing rising inflation.

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Bank of Japan Raises Interest Rates for Second Time Since 2007

The New York Times: Banking

The closely watched move by the Bank of Japan could bolster the country’s beleaguered currency.

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China Vows to Unleash More Borrowing to Spur Economy and Strengthen Banks

The New York Times: Banking

The finance minister said Beijing would sell bonds to supplement spending and help banks but did not detail how much.

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A Standoff at Libya’s Central Bank Shows Cracks in Country’s Political Stability

The New York Times: Banking

The country has settled into a tense east-west divide, but turmoil around the central bank, which handles Libya’s oil riches, has worsened a fraying, fragile political setup.

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Turkey’s Central Bank Chief Steps Down Amid Long Inflation Battle

The New York Times: Banking

The government swiftly replaced her and said the change did not reflect a policy shift for the country, where annual inflation is about 65 percent.

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