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VOA标准英语2010年-India Raises Interest Rates to Control

India's Central bank has raised interest rates in a bid to battle high inflation. The economy is growing at a brisk pace, but rising prices remain a key concern. The latest interest rate hikes announced by the Central Bank are higher than expected. T

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voa标准英语2008-South Africa Cuts Interest Rates to Stimulate Gr

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India's central bank kept interest rates unchanged Monday in a bid to curb inflation, despite pressure to cut rates to spur lagging economic growth. The Reserve Bank kept the rate at 8 percent, and the cash reserve rate for banks at 4.75 percent. The

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Aussie banks rolling in cash, silent on rates

SYDNEY, May 2 (Xinhua) --- The Australia New Zealand Bank (ANZ) has reported first-half underlying profit of over 3 billion U.S. dollars, a result that stands in stark contrast to its refusal to keep in step with the central bank's official rate move

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Suicide rates in Europe 'linked' to financial crisis

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China cuts interest rates, allows freer fluctuation

BEIJING, June 7 (Xinhua) -- China announced Thursday its first cut in benchmark interest rates in more than three years after slower-than-expected growth in the world's second-largest economy raised concerns of a hard landing. The People's Bank of Ch