Several Asian central banks must raise interest rates rapidly because inflationary pressures are rising due to a global surge in food and fuel costs...
LONDON: Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to...
SHANGHAI: The widely predicted failure of G20 leaders to agree on bold new steps to reinvigorate the world economy at a meeting in Shanghai this weekend puts the onus firmly back on central bankers.