As inflation rises in Asia, expect more monetary tightening from its central banks in the second-half of 2008, says Tom Vosa, head of market economics, Europe at the National Australia Bank. He talks to CNBC's Stephen Sedgwick & Maura Fogarty.
Asia markets ended the week on a mixed note with rising inflation among the chief concerns. Japan's Nikkei gained 0.2 percent ( 14,012) thanks to strong sectors such as pharmaceuticals. But the...
Asia stocks gained on Monday but oil prices remained a key factor along with inflation worries. As China basks in the glow of Olympics inflation continues to soar. Fresh data showed factory gate...
Nikkei breaks two-day winning streak as worrie about global economic outlook cloud horizon MOREINFO: Nikkei at 18-month closing low. Hang Seng tumbles in afternoon session. SCRIPT: Asia stocks...
Wall Street finished higher after a tame inflation report fueled hopes interest rates will remain low. The Dow gained 66 points. The S&P 500 rose 5 and the Nasdaq was little changed. The consumer...
A confidence boosting cash injection into troubled banks soothes investors MOREINFO: Expectations the U.S. Federal Reserve will cut rates this week also boosts confidence. SCRIPT: Asia stocks...
The European Central Bank kept interest rates at a 6-1/2 year high of 4.00 percent, and the Bank of England left its base rate steady at 5 percent. The dilemma faced by central banks is that...
Subsidised bread for the poor has long been a feature of Egypt's economic policy but it's taken on a new significance in the face of skyrocketing food prices. Even troops have been drafted in to...
Asia stocks slid on Thursday with sentiment hit by a fresh rise in oil prices and growing worries about inflation. Japan's Nikkei fell 2.1 percent (13,889) to a two-week low. Household names such...