By Agency Reporter Wednesday, 17 Nov 2010 South Korea‘s central bank has raised interest rates to 2.5 per cent from 2.25 per cent, following its latest policy meeting. British Broadcasting Corporation reported on Tuesday that the decision was widely expected, with most economists having forecast an interest rate rise in October. […]

By Agency Reporter Wednesday, 17 Nov 2010 The dollar hit a six-week high against the euro on Tuesday, supported by a rise in United States Treasury yields. However, it later retreated as officials from the Federal Reserve sounded a dovish tone and defended its easing policy. According to a Reuters report […]

By Agency Reporter Wednesday, 17 Nov 2010 World stocks fell for the seventh straight session on Tuesday on persistent worries over Ireland‘s debt problems and China‘s fiscal tightening, and Irish debt yields rose further before talks on the crisis. Reuters reported from London on Tuesday, that concerns over more official steps […]