Forget changing interest rates. China’s main weapon of choice to influence liquidity is changing its reserve requirement ratios. This tool dictates the percentage of commercial bank deposits that must be kept in the central bank.
Euro zone inflation held at 3.0 percent for a second month in October, with economists saying it had likely peaked and would soon fall in a struggling economy, giving the European Central Bank room to cut interest rates and focus on growth.
Interestingly, overall unemployment among females -- now at 1.09 million -- is at a 23-year high.
Britain is on the brink of a contraction as the euro crisis weighs heavy, and inflation w ill fall well below target, Bank of England forecasts showed on Wednesday, leaving the door wide open for more stimulus to boost growth.
South Africa's monetary policy will maintain its focus on hitting a 3-6 percent inflation target over the medium term but will remain sensitive to the domestic economic situation, Reserve Bank Governor Gill Marcus said on Tuesday.
South Africa's third-biggest listed clothes retailer, Mr Price, reported a 22 percent rise in first-half profit as above-inflation wage increases and decades-low interest rates lift consumer spending in Africa's biggest economy.
Tanzania's year-on-year inflation rate rose for the twelfth straight month in October on the back of higher food and fuel prices, and is expected by some analysts to keep climbing in the coming months.
Inflation has raised the cost of a gold mine in northeastern Ontario by 13 percent, Detour Gold Corp. said Monday.
The current economic rebound could be short-lived, given the continued strength of the yen currency, the global economic slowdown and the floods in Thailand.
Lonmin, the world's third-largest platinum producer, beat expectations with a 59 percent jump in full-year earnings, even though a strike at its Karee operations drove up unit costs and forced the miner to cut its output target.
India's headline inflation was unchanged in October, worse than forecast and above the 9 percent mark for the eleventh straight month.
The government and the Bank of Canada agreed on Tuesday to renew without change the central bank's five-year mandate to target a 2 percent overall inflation rate.
South Africa's government bonds were weaker on Friday as the market priced out the chance of a rate cut after a hawkish monetary policy statement while the rand jumped against the dollar as global sentiment turned pro-risk.
U.S. consumer sentiment perked up in November to its highest level in five months as Americans felt more upbeat about the economy's prospects, a survey released on Friday showed.
Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of selective policy easing by the government to keep the world's second-largest economy on an even keel.
Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of selective policy easing by the government to keep the world's second-largest economy on an even keel.
Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of "selective" policy easing by the government to keep the world's second-largest economy on an even keel.
India's industrial output growth probably slowed to an annual rate of 3.5 percent in September, weighed down by slower growth in infrastructure output and higher domestic borrowing costs.
Sitting in China's copper and steel warehouses is a hidden risk to the world's second-largest economy -- banks' indirect exposure to a property market that is showing signs of stress.
South Africa's government bonds weakened on Thursday, erasing earlier gains as the Reserve Bank said the inflation outlook had deteriorated, a hint that the chances of another rate cut had diminished.
South Africa's Reserve Bank held interest rates on Thursday, choosing to focus on rising inflationary pressures in preference to propping up a sluggish domestic economy as uncertainties clouded the country's future rate path.
Gold has confounded market watchers by refusing to behave like a safe-haven and instead has tracked equities over the past few weeks, but the escalating European debt crisis could see bullion ditch its risk-asset mantle and return to record highs.
