You have searched for "Central Banks"
Showing 4891-4900 of 5073
NEW YORK (AP) - Wall Street pulled back sharply Tuesday as investors worried about fundamental economic problems as well as the ongoing fallout from credit market problems and stocks' own volatility. The Dow Jones industrials skidded more than 200 points.
The troubled US subprime mortgage market is unlikely to trigger a credit crunch situation in Asia, CIMB Investment Bank said.
More banks have tightened lending standards on subprime mortgages, the Federal Reserve said Monday in a survey that provided further evidence of spreading problems.
Wall Street gave up a moderate gain in late trading and closed marginally lower Monday after the Federal Reserve and other central banks added more cash to their banking systems, helping investors set aside some concerns about credit tightness.
European shares closed sharply higher Monday, with financials and miners back in favor after heavy selling late last week, as investors took heart from central banks' moves to calm money markets.
Malaysia has adequate liquidity and the central bank has the capability to inject liquidity if the need arises said Bank Negara Governor Tan Sri Zeti Akhtar Aziz on Monday.