Australia’s central bank unexpectedly raised the policy to stop its benchmark interest rate for the governor Glenn Stevens select priority acceleration of economic growth and delaying efforts to contain inflation.

In a statement today, Australia’s central bank (Reserve Bank of Australia / RBA) maintained the target lending rate one night (overnight) at position 3.75% after three months of the previous three times increased.

The decision was different from the projection of 20 economists surveyed by Bloomberg News, in which the survey estimated that the central bank raised interest rates 0.25 points. Futures contracts show 74% increase in opportunities.

Australian dollar fell to a low position for 6 months and increasing the value of Asian stocks down after this announcement due to fears the economy will not be able to overcome borrowing costs surge.

The report today showed business index fell to a low position for 6 months. Last week, Woolworths Ltd, the largest retailer in the country, reminding increasing interest rates would hit consumers.

“This adjustment process has ended quickly and interest rates rise. Message from the Australian central bank is not out of trouble, despite expectations improved,” said Matthew Johnson, Interest-rate Strategist UBS AG

“Many aspects of investment perdangan and we have genjot again,” said Presidential Spokesman Dino Patti Djalal Cipanas Palace, Cianjur, Tuesday (2/2/2010).

Based on the data he has, RI-trade volume in 2008 reached U.S. $ 20 billion. But the U.S. economic slowdown due to onslaught of the global financial crisis, trade volume otomais made by Indonesia come down.

“Indonesia-US trade is an important part of our economic growth,” said Dino.

But that is not only suppressed the recovery of economic relations the main concern of government. RI-important relationships the United States also includes cooperation in education, defense, prevention of climate change, anti-terrorism, relations between religious and many others.

“Indonesia is a key player in ASEAN and the G20 and the state of the world’s largest Muslim population, is our special assets. If I can have a relationship with the U.S. konstuktif then we can be part of solution to the problems of the world,” he continued.

Based on information from sources in the police, the perpetrators of five men and five employees could lock up in the bank. They tied his hands and feet and mouth with duct tape victim.

Reported, the perpetrators managed to steal the money in the bank for Rp190 million and had mempreteli some valuables belonging to the employees.

Arma eyewitnesses, (71) parking around the site, said the incident had not seen the robbery took place. When the incident happened she was sitting on a rickshaw. He just knew there was a robbery incident after one of the bank came out and asked a security guard presence.

“From the banks comes out, continue mengasih know nanya security guard, security guard pack where, what banks were robbed,” said Arma, Wednesday (3/2/2010).

He also said that from afar could see how many people in the bank that hands tied and mouth dilakban. Alleged perpetrators brought only a sharp weapon.

The police are still conducting crime scene and set up police line in front of the bank door. Police are also examining a number of witnesses. So far there has been no official statement from the police.

Arma said he only saw three people using a motor using a closed helmet blood rushed circumstances to the east and two west. But he also could not ascertain whether the three men are the perpetrators of robbery.

BEIJING – China Central Bank (People Bank of China / PBOC) promised to keep the yuan exchange rate to remain stable at this 2010. With the stability of this currency will be supporting the growth of monetary policy.

As quoted by Reuters on Sunday (8/3/2010), China’s banking authorities have also instructed the two times this year to increase the proportion of deposits held, not to lend. This is done in order to avoid the excesses of the economy and restrain pertumuhan inflation.

However, unlike in Australia or Malaysia, China’s central bank had no intent to raise interest rates. This makes investors upset, the article how the government will quickly menmgembalikan funds used as the amount of monetary stimulus remarkable since the end of 2008.

“This is done to be consistent with a relatively easy manner, so that policies will be better targeted and more flexible. The various monetary policy instruments are applied, and the combination of structure and maturity of these instruments will be a force for operations will be regulated by both , “PBOC said recently.

PBOC also said it will guarantee banking system has sufficient liquidity to keep things running smoothly.

“PBOC will guide financial institutions to accelerate the credit equally, as a way to prevent excessive fluctuations in the third quarter and each end of the month,” he said

“With assets of Rp 5 trillion, the bank could be the Pearl parent bank for approximately 1746 existing BPR in Indonesia,” said Credit Banks Perhimpuan Chairman Indonesia (Perbarindo) Said Hartono, the Banking Industry Dialogue in 2010, at the Multipurpose Building LPPI, Kemang, Jakarta, Monday (25/1/2010).

Himself admitted BPR conditions today are very concerned and experienced many difficulties, so that the parent bank will later be working to help the capital of BPR in order to keep moving. “If silence, we (BPR) will be drowned,” he added.

Since 2004 until now, growth continued to decline with the BPR volume of the BPR efforts since 2004 began to stagnate. As for, credit volume grew only 0.13 percent ie from 1.25 percent in November 2004 to 1.4 percent in November 2009.

Meanwhile, the Third Party Fund (DPK) grew only 0.15 percent from 1.15 percent in November 2004 to 1.15 per cent November 2009 on. “BPR added only six customers per month,” he added.

In addition, BPR also hoped that the BI can perform the function lender of last resort (last borrower) for BPR. Because this function for lender of last resort has just been implemented for commercial banks only. “During the function lender of last resort only implemented BI for commercial banks alone,” he said.

So far, foreign banks were now easier control or national financial institutions because it is still supported by the API. Unlike the case, if the national bank would own a foreign bank, or at least set up branch offices abroad.

And by the central bank in Malaysia, it limits the bank or foreign financial institutions full control of a bank or financial institution in the region.

Central banks in Malaysia would allow controlled approximately 30 percent stake in the bank or financial institution be governed.

“This is an issue is not about whether duitnya of the acquired or mastered. Even more important is the license. With the licensing of 100 percent, the foreign bank can control the potential of Indonesia with the third largest population of the world,” he added.

“Four state-owned banks controlled 40 percent of the national banking market share. The rest should be fought over by the bank board, small board to BPR,” said BI Deputy Governor Muliaman Hadad Darmansyah after Symposium Reflections One Decade of Competition Law in Indonesia, in Jakarta Indonesia Bank Building, Thursday (17/12/2009).

Moreover, public banks (as well as four state-owned banks) is now been extended to the corners. Yet for remote areas are usually dominated by the BPR.

Muliaman claiming big banks a lot to offer the lure of prizes such as cash to luxury cars. While BPR rely on gifts of umbrellas, gas burner until the motorcycle.

“So we suggest that public banks want to cooperate with the BPR. Or at least the general banking would make them BPR as Channeling. That’s all we were discussing his guidelines,” added Muliaman.

WASHINGTON – Government of the United States (U.S.) back over the four banks. Thus, the number of lots that have been closed for this year has as many as 26 banks.

As quoted by Reuters on Sunday (8/3/2010), the closure of banks was carried out due to poor credit quality of the bank provided. The largest of the four banks are closed Sun American Bank of Boca Raton, Florida which has assets worth USD535, 7 million and deposits of USD443, 5 million.

In addition, regulators shut down Centyinnial Bank of Odgen Utah, Waterfield, Bank of Germantown in Marryland and the Bank of Illinois of Normal.

In the meantime, Chairman of the Federal Deposit Insurance Corporation (the FDIC) Sheila Bair predicted the bank failures will remain high until 2010, although the economy has been running better. Where the banking industry continues to experience losses from poor credit quality.

During 2009, the government listed 140 banks had closed. Significant rise compared to 2008 which only 25 banks and 2007 that only three banks are closed.

The banking industry has shifted from the initially focus only on mortgage financing (mortgage) and insurance assets (securities) to switch to loans in the retail and commercial hit by the crisis.

Furthermore, 12 branches of Sun American Bank will be open again on Monday as branches of First-Citizens Bank & Trust Company of Raleigh, North Carolina. However, FDIC can not find a buyer for Centennial Bank that a guarantee will be sent on Monday to retail depositors to fund their insurance.

FDIC also must create new depository institutions to take over the operations of Waterfield Bank. and the bank will remain open until 5 April the next to allow depositors to access their insurance funds and time to move their accounts.

While Heartland Bank and Trust of Bloomington, Illinois, agreed to take over the deposits from the Bank of Illinois, the two branches will reopen Saturday as branches of the Heartland.

TOKYO – Meeting discussion conducted monetary policy the Central Bank of Japan (Bank of Japan / BoJ) indicates a stop-gap measure to spur economic recovery. All this is a barrier is the rate of deflation and weak demand.

Many people hope that the BoJ rate remained at 0.1 percent level, as has been done since December 2008. This is to keep running so as to sustain the credit growth.

BoJ being confronted turunya consumer price index (CPI) for almost a year, is also considering to extend short-term loan facilities to companies and households, became six months.

Japanese media reported that the Central Bank will inject fresh funds of up to 20 trillion yen (equivalent to USD222 billion) into the local financial markets.

Meanwhile, the yen continues to move sharply higher. This becomes an important record in Japan’s economic prospects. Prime Minister of Japan Yukio Hatoyama has also been urging stern steps to stem yen strength.

Just FYI, BoJ officials meeting came after the central bank urged governments to exert all efforts to reduce deflation. The risk of deflation can lead to reduced corporate profits and push economic activity as consumers delay spending. At the end of economic growth will be slowed.

“I hope the parliamentary session today will find a way to combat deflation,” said Minister of Finance of Japan Naoto Kan, as quoted by AFP, Tuesday (16/3/2010).

It suggests that he wants Japan to push deflation until the end of the year. How, with encouraging early deadlines from BoJ estimates for two years.

Just FYI, Japan plunged into recession in 2008, as the impact of the decline in the global economy. However, economic growth returned in the second quarter last year.

As reported by the AP, Friday (8/1/2010), the investors are hoping when the bonus will be distributed later with a bonus equal to 2007 yesterday. Where do they get the bonus in cash 25 per cent more than their salary, and the rest of the stock in cash payments for good corporate performance.

As is known, Merrill in 2007 and pay bonuses to employees BoA for USD518 billion. Nevertheless, said if the bonus will be given the BoA can not further specified.

BoA spokesperson Robert Strickler did not say much about it. “No one could be decided today (the amount of bonus),” he said, when asked about giving a bonus of company policy.

Meanwhile, the CEO of BoA who had just served to replace Ken Lewis who resigned, Brian Moymihan, admitted that if the employee was impressed with Merrill until these bonuses after the acquisition of Merrill by BoA.

As for the last month, a bank based in Charlotte, New York City United States has returned the loan funds from the government equal to USD45 billion. The loan is due to the global economic crisis in 2008.

At that time, the BoA has told the U.S. Bapepam if the company can not pay the bonus for its shareholders up to $ 5, 8 miliiar. The Company also agreed to pay to the government for USD33 million to fix the problem and will be brought to court on February 1 next.

For your information, BoA recorded a loss in the third quarter of 2009 more than $ 2, 2 billion because they have to pay interest on the loan fund raising.