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Not just US Fed, 14 other central banks to hold monetary policy meetings this week. What to expectGlobal markets brace for a volatile week as fifteen central banks, including the U.S. Federal Reserve, the Bank of England, the Bank of Jap...
Central banks remain keen buyers of gold, representatives tell bullion conferenceCentral banks continue to value gold for diversifying reserves, despite price rallies and a slowdown in Chinese purchases. The Czech Republ...
Interest rates, borrowing costs in APAC to stay high this year, says Moody’sMoody's predicts that interest rates in the Asia-Pacific region will remain elevated this year, despite moderating inflation. Central banks...
China spent $240 billion bailing out 'Belt & Road' countries: StudyAlmost 80% of the rescue lending was made between 2016 and 2021, mainly to middle-income countries including Argentina, Mongolia and Pakist...
Cold keeps China coal prices high, power crunch stokes factory inflationA widening power crisis in China - caused by shortages of coal, record high fuel prices and booming post-pandemic industrial demand as it s...
China deepens crypto crackdown with central bank warningCryptocurrency trading is banned in China, and authorities have recently closed mines and warned banks to halt related transactions.
China's central bank urges tougher crackdown on cryptocurrenciesThe People's Bank of China's meeting with institutions including Agricultural Bank of China (AgBank) and Alipay came after China's State Co...
India emerge as key buyer of Uzbek gold between Jan-March 2019Uzbekistan is ready to increase gold exports to 80 tons in 2019, which is 10 tons more than in the previous year.
Frontier markets more vulnerable to currency crisis: Marie Diron, Moody's Investors ServiceWhy Indian currency is in a relatively safer place compared to frontier markets
Central bankers get tired of gold as lower exports cut cashIn May, China reported no gold purchases. After bouncing back in June, the central bank’s buying in July was at the second-slowest rate in ...
'Silk Road plan aimed at reviving China's trade slowdown'China has chalked out the multi billion dollar Silk Road initiatives connecting it with Eurasia and Africa as trade with these regions have...
Farmers' aid siphoned off by Oppn through its banks: Maha BJPMaharashtra BJP today accused the opposition parties of siphoning off the financial aid meant for the drought and rain-affected farmers in ...
- Asia economies rebound, need to adjust policy: ADB
The Asian Development Bank raised its regional growth forecast this year from 6.6 percent to 7.5 percent on Tuesday but warned that governm...
- Developing Asia's economic growth to slow: ADB
Asia's emerging economies will slow next year as the global financial crisis saps export demand and capital flows, the Asian Development Ba...
- Road less travelled offers shelter from the US financial mess
In times of trouble, investors often race to the US Treasuries, Central Asia. Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan an...
- EBRD meet opens in Kiev, with focus on global economic woes
The European Bank for Reconstruction and Development begins its annual meeting here on Sunday to discuss the impact of global economic turm...
- ADB approves Uzbek loan to revive Silk Road
The Asian Development Bank said on Friday it will lend $75.3 million to Uzbekistan to build part of a modern Silk Road across central Asia.
- China hikes bank reserve ratio to halt loan rush
China ordered banks to set aside more money as reserves for the third time this year to curtail a credit-fuelled investment boom that may c...
- 'Central banks may continue with monetary-tightening policies'
International ratings major Standard & Poor’s (S&P) Ratings Services has said central banks in Asia, including in India, are likely to main...
- Investors eye the next frontier
They are called the frontier markets and with good reason - they are tiny and lack economic sophistication even by emerging market standard...