Last Updated: Friday, October 4, 2013, 12:19
The Bank of Japan maintained its massive monetary stimulus on Friday and upgraded its view on capital expenditure, encouraged by growing signs that the benefits of its aggressive policy action to escape deflation are broadening.
Last Updated: Saturday, September 21, 2013, 08:34
Federal Reserve hawk warned that the US central bank had harmed its credibility by delaying a highly anticipated reduction in monetary stimulus this week.
Last Updated: Wednesday, September 18, 2013, 10:58
Gold extended losses into a third session on Wednesday, falling over 1 percent to trade below USD 1,300 an ounce.
Last Updated: Thursday, September 12, 2013, 12:09
Gold had dropped USD 8.03 to USD 1,358.11 an ounce, after hitting a low of USD 1,354.10 - its weakest since August 20.
Last Updated: Thursday, September 12, 2013, 09:04
The consultancy expects gold prices to average USD 1,350 next year, down 7 percent from USD 1,446 in 2013, with support seen between USD 1,200 and USD 1,250.
Last Updated: Thursday, September 5, 2013, 20:19
Brazil and Russia will also contribute USD 18 billion each while South Africa will give USD 5 billion.
Last Updated: Thursday, September 5, 2013, 20:18
"They emphasised that the eventual normalisation of monetary policies needs to be effectively and carefully calibrated and clearly communicated," it said.
Last Updated: Friday, April 5, 2013, 08:47
The Bank of Japan unleashed the world's most intense burst of monetary stimulus on Thursday.
Last Updated: Wednesday, January 16, 2013, 14:02
Ahead of its third quarterly policy, the Reserve Bank has said that inflation was still high and there was no room for fiscal or monetary stimulus to boost growth in slowing economy.
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