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  • HONG KONG, March 5- Hong Kong shares closed at their lowest in six weeks on Thursday, following mainland markets down, weighed by financial stocks amid concerns over China's economic slowdown. In separate reports published on Thursday, rating agency Moody's Investors Service said Chinese banks were suffering from a narrowing interest rate spread and...

  • RPT- CHINA TO MAKE MAJOR BREAKTHROUGH ON INTEREST RATE LIBERALISATION IN 2015: C. BANK ADVISOR.

  • US stocks nervous ahead of jobs report: Pro  Wednesday, 4 Mar 2015 | 9:17 PM ET

    Apart from profit-taking, the declines in Wall Street point to concerns over Friday's nonfarm payrolls, says JJ Kinahan, chief strategist at TD Ameritrade.

  • BEIJING, March 5- China will make a major breakthrough in interest rate liberalisation this year, but it will not be necessary for the country to widen its currency trading band in 2015, Chen Yulu, an advisor to the country's central bank told Reuters on Thursday. The performance of economies including Japan and European countries will also help dictate China's...

  • Brazilian bonds are 'dangerous', says this expert  Wednesday, 4 Mar 2015 | 6:45 PM ET

    Kathy Lien, managing director of BK Asset Management, says the latest rate hike could throw Brazil into a deeper recession hence investors should avoid the country's bonds.

  • BRASILIA, March 4- Brazil raised interest rates on Wednesday to the highest level in six years, maintaining its aggressive pace of monetary tightening to fight inflation despite fears the economy is slipping into a deep recession. Brazil is one of the few major economies raising rates as BRICS peers such as China and India are loosening monetary policy to prop...

  • OTTAWA, March 4- The Bank of Canada held interest rates steady on Wednesday, in line with indications it sent out over the past two weeks, signaling it was satisfied with how markets and the economy have reacted to its surprise rate cut in January. "It suggests steady for now, maybe forever," said Royal Bank of Canada chief economist Craig Wright. Canadian Imperial Bank...

  • Fed survey finds US economy growing at moderate pace Wednesday, 4 Mar 2015 | 2:01 PM ET

    The Boston district said businesses in its area remained upbeat despite a series of huge snowstorms. Fed Chair Janet Yellen delivered the central bank's semiannual economic report to Congress last week and indicated that the Fed is still willing to be "patient" in terms of raising interest rates because of weak wage growth and inflation well below the Fed's 2...

  • WASHINGTON, March 4- Kansas City Fed President Esther George said on Wednesday the U.S. economy was approaching full employment and that the central bank should raise interest rates in the middle of this year. At a conference in Kansas City, George said she was "not overly concerned" with recent weak inflation, which has been dragged lower by the drop in oil prices.

  • OTTAWA, March 4- The Bank of Canada held interest rates steady on Wednesday, in line with signals it sent out over the past two weeks, saying it was satisfied with how markets and the economy reacted to its surprise rate cut in January. The central bank shocked traders by taking the aggressive step of easing its benchmark rate by 25 basis points in January in response...

  • UPDATE 1-Fed's Evans wants no rate hikes until early 2016 Wednesday, 4 Mar 2015 | 11:15 AM ET

    *Evans does not rule out removing' patient' in March. LAKE FOREST, Ill., March 4- The Federal Reserve should wait until next year before raising interest rates or risk undermining the very recovery it has helped engineer, a top U.S. central banker said on Wednesday. "Given uncomfortably low inflation and an uncertain global environment, there are few benefits and...

  • OTTAWA, March 4- The Bank of Canada held interest rates steady on Wednesday, in line with signals it sent out over the past two weeks, and voiced satisfaction with how the market and the economy have reacted to its surprise rate cut in January. "Financial conditions in Canada have eased materially since January, in response to the bank's recent monetary policy...

  • Santelli: Yuan may be currency to watch  Wednesday, 4 Mar 2015 | 9:42 AM ET

    CNBC's Rick Santelli discusses the latest action in the bond market, and global currencies.

  • WARSAW, Poland— Poland's central bank has cut its key interest rate by half a percentage point to a historic low of 1.5 percent amid concerns over deflation, a sustained drop in consumer prices that can hurt the economy. The National Bank of Poland's move to slash its reference rate surprised many given that most economists expected a cut of 0.25 percentage...

  • The Markit/ CIPS UK Services Purchasing Managers' Index slipped more than expected to 56.7, from 57.2 in January. But survey compiler Markit said wages-- a crucial issue for the Bank of England as it tries to decide when interest rates should rise-- were a "primary driver" behind an increase in costs in the sector. "The combination of relatively robust economic growth,...

  • MUMBAI, March 4- India's central bank unexpectedly lowered its policy rate for the second time this year on Wednesday, backing a government that is pushing to revive economic growth as inflation cools. "Given low capacity utilisation and still-weak indicators of production and credit off-take, it is appropriate for the Reserve Bank to be pre-emptive in its...

  • RBI's surprise rate cut: Reaction  Wednesday, 4 Mar 2015 | 4:00 AM ET

    The Reserve Bank of India has cut its key interest rate by 25 basis points. TV 18's Ekta Batra files this report.

  • WASHINGTON— From the United States to Asia to Europe, a global economy that many had feared was faltering appears poised for a resurgence on the strength of cheap oil and falling interest rates. "The U.S. is doing well, you're getting a lot of good news in Europe," said Nariman Behravesh, chief economist at IHS Global Insight. Weaker growth in China has also hurt...

  • Why this expert is surprised by RBI rate cut  Wednesday, 4 Mar 2015 | 12:31 AM ET

    Nitin Jain, CEO, Retail Capital Markets, Edelweiss, says the fact that the interest rate cut came so soon after the announcement of India's budget caught stock markets by surprise.

  • NEW DELHI— India's central bank on Wednesday unexpectedly cut a key interest rate by a quarter percentage point, the second such reduction this year as the bank lends support to government efforts to boost economic growth. But India's inflation rate has fallen substantially in recent months as global oil prices have dropped sharply. India's Prime Minister...