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  • November 28, 2014
  • Last updated: 1:58am
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  1. Business - Economy - JAPAN

    Unexpected recession in Japan will allow Abe to delay tax hike, call snap poll

    Posted Nov 17th 2014, 07:13pm by Reuters

    ... Japan's economy unexpectedly slipped into recession in the third quarter, setting the stage for Shinzo Abe to delay an unpopular sales tax rise and call a snap election two years early. ...

  2. Business - Economy - ECONOMY

    Bank of England set to signal no rate hike until next year

    Posted Nov 07th 2014, 05:18am by Reuters

    ... The Bank of England, once widely expected to start weaning Britain off near-zero interest rates this month, now looks set to signal no rise in borrowing costs until the middle of next year. ...

  3. Business - Economy - ECONOMY

    Japan's industrial output rises in May, signalling rebound after tax hike

    Posted Jul 01st 2014, 04:05am by Reuters

    ... Japan's factory output rose in May after companies cut production in April to offset the impact of a national sales tax rise, underscoring views the economy will absorb the increase largely unscathed. ...

  4. Business - Economy - CREDIT RATINGS

    Standard & Poor’s hikes Ireland’s credit rating, maintains negative outlook for Italy

    Posted Jun 07th 2014, 02:21pm by Agence France-Presse in Dublin

    ... Agence France-Presse in Dublin Ireland's recovering economy continues to impress economic analysts as ratings agency upgrades assessment and predicts further improvement, while Italy languishes in negativity Standard & Poor’s on Friday revised up ...

  5. Business - Banking & Finance

    Korean bank head signals rate hike

    Posted Apr 11th 2014, 12:59am by Reuters

    ... Reuters in Seoul Korean bank head signals rate hike South Korea's new central bank chief had a strong policy debut yesterday, sending plain signals supporting the market's view of an interest rate hike coming late this year and delivering on a promise to communicate more clearly than his predecessor. The Bank of Korea's monetary policy committee kept the policy rate ...

  6. Business - Banking & Finance - TURKEY

    Turkey stuns investors with massive rate hikes to stem lira fall

    Posted Jan 29th 2014, 04:52pm by Reuters

    ... Reuters in Istanbul Turkey’s central bank hiked all its key interest rates in dramatic fashion at an emergency midnight policy meeting, ignoring opposition from Prime Minister Tayyip ... to know that as always, I am against a hike in interest rates today,” the prime minister told reporters late on Tuesday, hours before the central bank’s meeting. “But of course I don’t have ...

  7. Business - Commodities - ENERGY

    Free fall in oil prices may cut both ways for Emerging Markets

    Posted Nov 27th 2014, 07:59am by NICHOLAS SPIRO

    ... its main interest rate to a punitive 13 per cent- its first rate hike in three years- and undertake an 8.5 per cent devaluation of the naira in an effort to fend off an oil-driven speculative ... consumer price indices, energy accounts for a further 10 per cent. India’s elevated inflation rate, which forced the central bank to hike interest rates last year and stood at 8 per cent ...

  8. Business - Economy

    Strong New Zealand growth points to March rates hikes

    Posted Dec 20th 2013, 01:31am by Reuters

    ... New Zealand's economy grew at its fastest clip in nearly four years in the third quarter as its agricultural sector bounced back from drought, putting it on track to become the first developed country to raise rates as early as March. ...

  9. Business - Banking & Finance

    Indonesia raises interest rates to head off inflation

    Posted Nov 19th 2014, 04:30am by Reuters

    ... the subsidised fuel price hike," Bank Indonesia said. "The decision is also consistent with the progress in managing current account deficit towards a more sustainable level." The interest ...

  10. Business - Economy - JAPAN

    Japan exports grow at fastest pace in 7 months, but slowing growth looms

    Posted Oct 22nd 2014, 02:30pm by Reuters

    ... to pressure on the Bank of Japan and the government to step up policy support as the economy struggles to recover from the pain of an April sales tax hike. A recent run of weak data including ... on the second-stage of the sales tax hike in December. In that context, yesterday's trade figures should be welcome news to Tokyo. The 6.9 per cent annual increase in exports in September was roughly ...




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