Economic bubbles http://www.globalpost.com/taxonomy/term/27086/all en Bank lobby preached to the converted in liquidity talks http://www.globalpost.com/dispatch/news/thomson-reuters/130121/bank-lobby-preached-the-converted-liquidity-talks <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Central banks faced funding banks indefinitely</p> <p>* Minds changed after 1 trln euro ECB operations-sources</p> <p>* Banks staged low-key lobbying after Dimon row</p> <p>* Fine print shows banks didn't get all their way</p> <p>By Huw Jones and Lionel Laurent</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130121/bank-lobby-preached-the-converted-liquidity-talks" target="_blank">read more</a></p> Economic bubbles Economic history Economics Thomson Reuters Mon, 21 Jan 2013 12:00:24 +0000 5737179 at http://www.globalpost.com COLUMN - Too much of a good thing: the risks of information http://www.globalpost.com/dispatch/news/thomson-reuters/130123/column-too-much-good-thing-the-risks-information <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Ian Bremmer is a Reuters columnist but his opinions are his own.)</p> <p>By Ian Bremmer</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130123/column-too-much-good-thing-the-risks-information" target="_blank">read more</a></p> Economic bubbles Economic history Economics Entertainment Social Issues Technology War Thomson Reuters Wed, 23 Jan 2013 18:45:36 +0000 5738437 at http://www.globalpost.com Britain delivers 'break-up' warning to banks http://www.globalpost.com/dispatch/news/afp/130204/britain-delivers-break-warning-banks <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>Britain's banks will be broken up if they fail to ring-fence retail operations from their investment divisions to avoid any future state bailouts of lenders, finance minister George Osborne warned on Monday.</p> <p>As the government formally published legislation aimed at radically altering the landscape of Britain's financial sector, Chancellor of the Exchequer Osborne used a speech to say that "2013 is the year when we re-set our banking system."</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130204/britain-delivers-break-warning-banks" target="_blank">read more</a></p> Economic bubbles Economic history Economics AFP Mon, 04 Feb 2013 12:45:49 +0000 5745287 at http://www.globalpost.com Carney sceptical on using Volcker Rule for UK banks http://www.globalpost.com/dispatch/news/thomson-reuters/130207/carney-sceptical-using-volcker-rule-uk-banks <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Huw Jones</p> <p>LONDON, Feb 7 (Reuters) - Britain's plan to safeguard retail banking is a far better idea than the U.S. approach of forcing banks to hive off speculative trading, the Bank of England's next governor told lawmakers.</p> <p>Mark Carney is to take up the reins in July, three months after the central bank becomes Britain's main regulator for lenders.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130207/carney-sceptical-using-volcker-rule-uk-banks" target="_blank">read more</a></p> Economic bubbles Economic history Economics Mark Carney Thomson Reuters Thu, 07 Feb 2013 18:15:31 +0000 5749211 at http://www.globalpost.com British house prices to stagnate this year -Reuters poll http://www.globalpost.com/dispatch/news/thomson-reuters/130225/british-house-prices-stagnate-year-reuters-poll <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* UK house prices seen flat this year, to rise 2.0 pct in 2014</p> <p>* London house prices to rise 2.5 pct in 2013, 4.0 pct in 2014</p> <p>* Mortgage approvals seen rising to 63,000 in a year</p> <p>By Jonathan Cable</p> <p>LONDON, Feb 25 (Reuters) - British house prices will stagnate until next year along with a flat-lining economy and weak pay rises, a Reuters poll found on Monday, although London prices are expected to keep climbing.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130225/british-house-prices-stagnate-year-reuters-poll" target="_blank">read more</a></p> Business Economic bubbles Economic history Economics Entertainment Thomson Reuters Mon, 25 Feb 2013 17:15:15 +0000 5766160 at http://www.globalpost.com WRAPUP 2-U.S. home prices cap year with biggest rise since 2006 http://www.globalpost.com/dispatch/news/thomson-reuters/130226/wrapup-1-us-home-prices-cap-year-biggest-rise-2006 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* S&amp;P/Case-Shiller composite index up 6.8 percent in year to December</p> <p>* Consumer confidence rebounds in Feb, index rises to 69.6 from 58.4</p> <p>* U.S. Commerce Dept: New home sales up 15.6 percent in Jan</p> <p>* Better housing environment boosts Home Depot profits</p> <p>By Steven C. Johnson</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130226/wrapup-1-us-home-prices-cap-year-biggest-rise-2006" target="_blank">read more</a></p> Business Economic bubbles Economic history Economics Thomson Reuters Tue, 26 Feb 2013 16:15:30 +0000 5767360 at http://www.globalpost.com Dow Jones record may boost spending by wealthy; others still wary http://www.globalpost.com/dispatch/news/thomson-reuters/130305/dow-jones-record-may-boost-spending-wealthy-others-still-wary <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Steven C. Johnson and Ashley Lau</p> <p>NEW YORK, March 5 (Reuters) - About an hour after the Dow Jones industrial average hit a record high on Tuesday, Overland Park, Kansas-based financial adviser Brad Stratton got an e-mail from a client asking how she could "make hay while the sun shines."</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130305/dow-jones-record-may-boost-spending-wealthy-others-still-wary" target="_blank">read more</a></p> Business Economic bubbles Economic history Economics Politics Thomson Reuters Wed, 06 Mar 2013 04:30:15 +0000 5774624 at http://www.globalpost.com US stocks can still climb higher: analysts http://www.globalpost.com/dispatch/news/afp/130306/us-stocks-can-still-climb-higher-analysts <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>The combination of record low interest rates and slow but steady growth mean US markets can still power higher, even after the Dow punched its way to an all-time high, analysts said Wednesday.</p> <p>But with the Dow Jones Industrial Average up nine percent over the first 10 weeks of the year, few doubt there is room to pause -- though Wednesday's action showed no sign of it.</p> <p>Five years after an exploding stocks and property bubble put the US economy in the ICU, share markets are back with a vengeance.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130306/us-stocks-can-still-climb-higher-analysts" target="_blank">read more</a></p> Business Dow Jones & Company Economic bubbles Economics AFP Thu, 07 Mar 2013 02:16:01 +0000 5775648 at http://www.globalpost.com IMF's Lipton urges banking sector clean-up to boost economy http://www.globalpost.com/dispatch/news/thomson-reuters/130313/imfs-lipton-urges-banking-sector-clean-boost-recovery <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON (Reuters) - Global economic conditions remain subdued despite a recent rally in financial markets and policymakers need to act to address underlying stability risks, including dealing with weak banks, a top IMF official said on Tuesday.</p> <p>David Lipton, the International Monetary Fund's first deputy managing director, said further improvements in the economic outlook will require repairing bank balance sheets, and in some cases banks may need to be shut.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130313/imfs-lipton-urges-banking-sector-clean-boost-recovery" target="_blank">read more</a></p> David Lipton Economic bubbles Economic history Economics International economics Thomson Reuters Wed, 13 Mar 2013 15:51:43 +0000 5782331 at http://www.globalpost.com financial regulator-confirmation hearing http://www.globalpost.com/dispatch/news/yonhap-news-agency/130317/financial-regulator-confirmation-hearing <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 18 (Yonhap) -- President Park Geun-hye's nominee for South Korea's financial watchdog said Monday that he will do his utmost in breaking the vicious cycle of "greed" rampant in the market and devote himself to making the country free of financial crises.</p> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130317/financial-regulator-confirmation-hearing" target="_blank">read more</a></p> Economic bubbles Economic history Economics Yonhap News Agency Mon, 18 Mar 2013 03:15:40 +0000 5786405 at http://www.globalpost.com financial regulator-confirmation hearing http://www.globalpost.com/dispatch/news/yonhap-news-agency/130318/financial-regulator-confirmation-hearing <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Yonhap News Agency </div> </div> </div> <!--paging_filter--><p>SEOUL, March 18 (Yonhap) -- President Park Geun-hye's nominee for South Korea's financial watchdog said Monday that he will do his utmost in breaking the vicious cycle of "greed" rampant in the market and devote himself to making the country free of financial crises.</p> <p><a href="http://www.globalpost.com/dispatch/news/yonhap-news-agency/130318/financial-regulator-confirmation-hearing" target="_blank">read more</a></p> Economic bubbles Economic history Economics Yonhap News Agency Mon, 18 Mar 2013 07:16:53 +0000 5786514 at http://www.globalpost.com Britain offers help to struggling home buyers http://www.globalpost.com/dispatch/news/thomson-reuters/130320/britain-unveils-plan-help-struggling-home-buyers <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Brenda Goh</p> <p>LONDON (Reuters) - Britain launched incentives to help struggling home buyers on Wednesday as the government looks to support growth in a real estate market it sees as key to reviving the country's ailing economy.</p> <p>Chancellor George Osborne said Britain would commit 3.5 billion pounds over the next three years to shared equity loans for new-build homes worth less than 600,000 pounds, allowing buyers to purchase them with a 5 percent deposit.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130320/britain-unveils-plan-help-struggling-home-buyers" target="_blank">read more</a></p> Business Economic bubbles Economic history Economics Equity sharing Personal finance Technology United States housing bubble Thomson Reuters Wed, 20 Mar 2013 15:15:50 +0000 5788820 at http://www.globalpost.com IMF economist warns central banks may grow too powerful http://www.globalpost.com/dispatch/news/thomson-reuters/130325/supped-central-banks-may-be-too-powerful-imf <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON (Reuters) - Major central banks could become too powerful if they are given far-reaching new powers but remain fully independent from politics, Olivier Blanchard, the chief economist of the International Monetary Fund (IMF), said on Monday.</p> <p>The roles of major central banks, including the U.S. Federal Reserve, European Central Bank and Bank of England, have been extended in the wake of the banking-turned-debt crisis, to include banking supervision and stand-back financial oversight.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130325/supped-central-banks-may-be-too-powerful-imf" target="_blank">read more</a></p> Central bank Economic bubbles Economics Macroeconomics Thomson Reuters Mon, 25 Mar 2013 20:00:32 +0000 5793605 at http://www.globalpost.com Basel proposes cap to halve bank exposures http://www.globalpost.com/dispatch/news/thomson-reuters/130326/basel-proposes-halving-bank-exposure-limit <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON (Reuters) - A bank should limit its exposure to any other single bank at no more than 5 percent of its capital base to ensure it can stay in business if the other lender defaults, global regulators proposed on Tuesday.</p> <p>The Basel Committee of banking supervisors from nearly 30 countries wants to tighten guidelines for so-called large exposures to avoid banks becoming vulnerable in rocky markets.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130326/basel-proposes-halving-bank-exposure-limit" target="_blank">read more</a></p> Bank regulation Economic bubbles Economic history Economics Finance Financial services Human Interest Thomson Reuters Tue, 26 Mar 2013 11:00:05 +0000 5794086 at http://www.globalpost.com Cyprus collapse taught Russian investors a lesson - Putin http://www.globalpost.com/dispatch/news/asianet/130409/cyprus-collapse-taught-russian-investors-lesson-putin <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Asianet </div> </div> </div> <!--paging_filter--><p></p><P> Russian President Vladimir Putin said on Friday that the recent financial meltdown in Cyprus proved how "risky" and "insecure" investments in Western financial institutions can be.</p><P>“The more you 'pinch' foreign investors in the financial institutions of your countries, the better for us, because the affected, offended and frightened (not all of them, but many) should, as we hope, come to our financial institutions and keep their money in our banks,” Putin told German broadcaster ARD in an interview at his Novo-Ogarevo residence near Moscow.</p><P>Asked whether Moscow was angry that t</p> <p><a href="http://www.globalpost.com/dispatch/news/asianet/130409/cyprus-collapse-taught-russian-investors-lesson-putin" target="_blank">read more</a></p> Economic bubbles Economic history Economics Vladimir Putin Asianet Tue, 09 Apr 2013 06:17:36 +0000 Asianet 5806228 at http://www.globalpost.com