Federal Reserve Chairman Ben S. Bernanke is granting his international counterparts some relief from the tighter borrowing costs he forced on them this year.
China’s rising grain imports are adding to a jump in the cost of food, said Rob Subbaraman , an analyst at Nomura International, in a research note today.
Duvvuri Subbarao knows a thing or two about inflation. India’s central-bank head defeated price gains exceeding 10 percent twice in the past two years alone.
China’s stocks rose, sending the benchmark index to the highest level in four months, as brokerages rallied on speculation financial industry reforms and economic growth will boost profit.
Indian bank debt offering almost double the yield premium of global lenders is attracting hedge funds impressed by Prime Minister Manmohan Singh’s reaction to the threat of a junk credit rating.
"The government is not going to make much inroad with its fiscal position."
- Rob Subbaraman on Dec 05, 2012