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Vietnam devalues currency, raises interest rates

News  |  www.marketwatch.com | 1 hour 38 minutes ago

Vietnam's central bank devalued its currency and raised interest rates Wednesday, moves that were seem as necessary to relieve pressure on the currency and protect the nation’s foreign reserves.

http://www.marketwatch.com/story/vietnam-devalues-currency-raises-interest-rates-2009-11-25?siteid=rss&rss=1

Post Strikes Caused £53m Drop In Online Sales

News  |  uk.news.yahoo.com | 3 hours 9 minutes ago

The growth in online sales of goods was "significantly" slowed by the wave of strikes by postal workers, leading to a £53m fall in sales, a study has found.

http://uk.news.yahoo.com/5/20091125/tbs-post-strikes-caused-53m-drop-in-onli-327c223.html

IMF ups 2009 GDP, inflation forecasts for Philippines - Forbes

News  |  www.forbes.com | 3 hours 17 minutes ago

MANILA, Nov 25 (Reuters) - The International Monetary Fund raised its economic growth forecast for the Philippines on Wednesday but warned the country should curb its widening budget gap and raise interest rates only when a recovery is on solid footing.

http://www.forbes.com/feeds/afx/2009/11/25/afx7157574.html

Vietnam Devalues Dong, Raises Interest Rates to Curb Inflation, Trade Gap

News  |  www.bloomberg.com | 7 hours 1 minute ago

Vietnam’s central bank devalued its currency and raised interest rates to rein in accelerating inflation and a widening trade deficit that is eroding confidence in the dong.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a4ZXpp8u_XLc&refer=worldwide_news

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CENTRL BANK GOV FLAGS CHINA'S CONCERN OVER LOW INTEREST RATES - Zibb.com

News  |  www.zibb.com | 4 hours 26 minutes ago

Zhou Xiaochuan, governor of the Peoples Bank of China, China's central bank, said at the annual meeting of the 2009 global CEO forum that financial institutions pressures for serving the real economy would be affected if interest rates were too low. Experts hold that Zhou's remarks reflect China's

http://www.zibb.com/article/5692074/CENTRL+BANK+GOV+FLAGS+CHINA+S+CONCERN+OVER+LOW+INTEREST+RATES

World Bank: Raising rates quickly may cause slump: report

News  |  www.reuters.com | 9 hours 41 minutes ago

SINGAPORE (Reuters) - Swift interest rate hikes aimed at containing inflation in product and asset prices could cause another downturn in the slowly recovering economies of the United States and Europe,

http://www.reuters.com/article/businessNews/idUSTRE5AO08N20091125?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28News+%2F+US+%2F+Business+News%29

Aware of policy risks, Fed sees firmer growth (Reuters)

News  |  news.yahoo.com | 14 hours 42 minutes ago

Federal Reserve officials are increasingly confident the U.S. economic recovery will be durable, but do not see employment or inflation picking up soon, minutes from their November meeting showed.

http://news.yahoo.com/s/nm/us_usa_fed_minutes

Bank of England staff pension fund shuns Gilts

News  |  www.telegraph.co.uk | 14 hours 47 minutes ago

The Bank of England's staff pension fund sharply reduced its portfolio of fixed-rate gilts and switched to inflation-protected bonds in the year to February.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6646330/Bank-of-England-staff-pension-fund-shuns-Gilts.html

Fear pushes US rates into negative

News  |  www.ft.com | 17 hours 9 minutes ago

Negative interest rates are back. Yields on short-term US government debt have fallen into negative territory as banks and investors park their cash in havens before the end of the year.

http://www.ft.com/cms/s/38a7e9b0-d92b-11de-b2d5-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F38a7e9b0-d92b-11de-b2d5-00144feabdc0.html%3Fftcamp%3Drss%26nclick_check%3D1&_i_referer=&ftcamp=rss&nclick_check=1

 

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