Bank of England Governor Mervyn King defended policy makers’ decision to hold interest rates at a record low as he noted risks to the economic recovery from the sovereign-debt crisis in the euro area.
BusinessWeek.com — Finance
With uncertainty high, some investors are looking to managers with a more active approach to selecting fixed-income securities
BusinessWeek.com — Finance
Premier Wen Jiabao said that China’s efforts to stem inflation have worked and that the pace of consumer-price increases will slow, an assessment that contrasts with some economists advocating further steps.
BusinessWeek.com — Finance
The Bank of Korea may need to slow the pace of interest-rate increases after its fifth move since July 2010 last week because of rising risks to the global economic outlook, a board member said.
BusinessWeek.com — Finance
China’s inflation pressures have yet to be contained by four interest-rate increases since September, underscoring the danger of any extended policy pause as bad weather threatens to further drive up food costs.
BusinessWeek.com — Finance
South Korea’s unemployment rate unexpectedly fell to a six-month low as the economic expansion spurred hiring at manufacturers and health-care and welfare service companies.
BusinessWeek.com — Finance
The Bank of Korea raised interest rates for a third time this year to rein in inflation that has exceeded its target range and curb record household debt.
BusinessWeek.com — Finance
The Bank of Korea raised interest rates for a third time this year to rein in inflation that has exceeded its target range and curb record household debt.
BusinessWeek.com — Finance
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