[MUMBAI] India’s central bank unexpectedly cut its benchmark interest rate in Governor Shaktikanta Das’s debut policy meeting, becoming the first in Asia to ease borrowing costs this year as...

[WASHINGTON] Former Federal Reserve Chair Janet Yellen said the US central bank must rely on incoming economic data to determine if its next policy move will be up or down, while likening the current...

CENTRAL banks in Asian emerging markets are turning cautious and some appear set to dump their hawkish policy stances.

[SYDNEY] Australia's top central banker said on Wednesday he was confident lower rates would stimulate the country's economy, if needed...

[HONG KONG] The rapid deterioration in China's economic data could spur the central bank to cut its benchmark interest rate as soon as Feb 1, according to Barclays Plc economists...

THE Federal Reserve left the key US lending rate unchanged on Wednesday, and said it would be "patient" about making any further changes, in the clearest signal yet the central bank has...

IN THE six weeks since a confident US Federal Reserve raised interest rates in response to a "strong" US economy, consumer confidence dropped, wholesale prices weakened, financial markets...

[WASHINGTON] In the six weeks since a confident US Federal Reserve raised interest rates in response to a "strong" US economy, consumer confidence dropped, wholesale prices weakened,...

[SINGAPORE] Rising interest rates and the latest round of property curbs have put the brakes on mortgage demand at Singapore's banks, potentially further dragging down the city's housing...

[NEW DELHI] India's top business groups on Thursday urged the central bank to cut its benchmark interest rate by at least half a percentage point and lower the cash reserve ratio it imposes on...