10:58 pm March 2, 2015 | No Comment
Annual inflation in February decreased to 6.3 percent, compared to 7 percent the previous month, as fuel and chillies prices fell, the Central Statistics Agency, or BPS, announced on Monday.
8:12 pm March 2, 2015 | No Comment
More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process, which has got tougher since the financial crisis. People put forward for chief executive, chairman and for a handful of other senior roles in banking now face a more grueling interview by British financial watchdogs.
7:55 pm March 2, 2015 | No Comment
Spasms of volatility upend markets. Dealers dump securities they’ve hoarded and borrowing costs surge. That’s one scenario investors risk as they prepare for the European Central Bank’s bond-buying program. And their biggest reason for concern is because it happened before. Japan’s government-debt market was rocked after its central bank expanded a quantitative-easing program in April 2013.
7:34 pm March 2, 2015 | No Comment
India’s government and central bank have agreed to commit to inflation targeting, in the biggest change to monetary policy since the country’s economy was opened up more than two decades ago, putting priority on subduing almost chronically volatile prices.
6:29 pm March 2, 2015 | No Comment
The main talking point at this week’s Geneva car show is likely to be a vehicle that may never be built: the Apple car. The world’s automakers will gather in the Swiss city to tout their latest minivans, city cars and sport utility vehicles against an uncertain market backdrop, with growing signs of recovery in Europe offset by slowing demand in emerging markets.
4:31 pm March 2, 2015 | No Comment
Indonesia’s central bank said on Monday it expected the rupiah to trade within a 3 to 5 percent range from 12,500 per dollar this year.
4:20 pm March 2, 2015 | 1 Comment
Indonesia's foreign tourist arrivals fell 3.99 percent in January from a year earlier, compared with a rise of 6.35 percent in December, the statistics bureau said on Monday.
1:30 pm March 2, 2015 | No Comment
Indonesia's annual inflation eased more than expected in February due to lower oil prices, adding to views the central bank will roll out more interest rate cuts to prop up growth.
8:42 am March 2, 2015 | No Comment
China's economy is expected to slow to an annual 7 percent in the first quarter of this year, a top Chinese government think tank said in a research report, a sign policy makers will have to roll out more stimulus to support faltering growth.
8:35 am March 2, 2015 | No Comment
Australia could well ease monetary policy this week for the second time in as many months as business investment disappoints at home and yet more central banks join the global rush to the bottom on interest rates.