LIMA The Bank of England will not necessarily wait for a hike from the U.S. Federal Reserve before it raises interest rates, Governor Mark Carney said on Thursday.
LIMA Central banks have little room for error in a low-growth world in which over-leveraged and commodity-dependent emerging economies and a slowing China are major risks, top international financiers told the International Monetary Fund's meeting.
Youth unemployment is finally starting to improve a little, and progress must not be allowed to unravel as the global economy slows, the International Labour Organisation has said.
Shares in Asia were in positive territory on Friday after minutes from the Federal Reserve's latest meeting suggested it may wait to raise rates.
Billionaire investor Bill Gross's bitter war against his former employer Pimco has accelerated after the so-called Bond King filed a lawsuit alleging he was forced out of the fund manager by rival executives, including the brother of the former shadow ...