Central banks help European shares to a 14-year high
European shares hit a 14-year high and the euro fell on Wednesday after the European Central Bank affirmed its loose policy stance and as weak data from China raised prospects of monetary easing there too.
Apr 15, 2015, 18:19 PM IST
OECD chief credits loose monetary policy for averting catastrophe
The head of the OECD on Wednesday credited a wave of loose monetary policy for preventing a global economic collapse, but warned it was now up to governments to lift growth and safeguard their economies.
Apr 15, 2015, 16:22 PM IST
Raghuram Rajan hopes for better co-operation among central bankers
Reserve Bank Governor Raghuram Rajan Tuesday expressed the hope central bankers of large economies will start extending better co-operation, a view shared by IMF chief Christine Lagarde.
Mar 17, 2015, 23:40 PM IST
Swedish QE surprise, Russia-Ukraine deal lift gloom
A surprisingly aggressive dose of monetary stimulus from Sweden`s central bank on Thursday injected life back into world markets which had been numbed by the stalemate in talks between Greece and its euro zone creditors.
Feb 12, 2015, 15:24 PM IST
Bank of Canada delivers shock rate cut as ECB gears up for QE
The Bank of Canada joined the list of "unpredictable" central banks on Wednesday with a shock quarter point rate cut as the European Central Bank prepared a 600 billion euro ($695 billion) bond-buying program aimed at lifting Europe out of its economic doldrums.
Jan 22, 2015, 11:18 AM IST
Asian shares rally as investors bank on endless stimulus
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe.
Aug 14, 2014, 09:46 AM IST
Central banks ending era of clear promises, return to ''artful'' policy
The world`s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action.
Jul 07, 2014, 15:07 PM IST
Global economy weekahead; living in interesting times
The European Central bank cut rates last month and may yet have to resort to quantitative easing to ward off deflation.
Jul 06, 2014, 15:57 PM IST
Global recovery to accelerate in 2015: IMF
Lagarde estimated that growth in China this year would be between 7 and 7.5 percent.
Jul 06, 2014, 14:05 PM IST
World Gold Council organises forum to reform gold fix
Industry group the World Gold Council announced a plan on Wednesday to reform gold`s global reference price, or "fix", to switch to using actual trades instead of quotes.
Jun 18, 2014, 15:03 PM IST