16 Mar '11, 3pm

Asian central banks still behind in raising interest rates: analysts

SINGAPORE: Fuel prices - which account for a large part of consumer prices in Asia - remain high with Brent crude oil at US$110 a barrel; and analysts say central banks may need to apply other measures to dispel the threat of inflation. India's central bank is expected to raise borrowing costs by 25 basis points Thursday. This would be the eight rate increase in just over a year for the Reserve Bank of India, which is grappling with the highest inflation rate in Asia. High consumer prices are also plaguing other Asian countries, such as Indonesia, where inflation was nearly 7 percent in February. "We're basically looking for another 100bps of policy rate increases across most of the countries in Asia by the end of this year, which means we're about half way through the tightening cycle as we see it," said Mr David Carbon, head of economic and currency research for DBS Grou...

Full article: http://www.channelnewsasia.com/stories/economicnews/view/...

Tweets

Singapore Special And Medisave Account Interest...

Video: Live footage of tsunami hitting Japan Liveleaks.com http://www.liveleak.com/view?i=016_1299829101 Singapore teacher...

#Banks in #Singapore offer full banking service...

focussingapore.com 15 Mar '11, 9am

OCBC bank in Singapore was formed in the year 1932. Three banks merged to form OCBC bank-the Chinese Commercial Bank Limit...

Japan growth threatened by quake, say analysts

Japan growth threatened by quake, say analysts

channelnewsasia.com 12 Mar '11, 6pm

TOKYO : Last week Prime Minister Naoto Kan was in a precarious position as his approval ratings tumbled, his foreign minis...

Foreign banks offering more attractive home loans

Foreign banks offering more attractive home loans

channelnewsasia.com 17 Mar '11, 2pm

SINGAPORE : Foreign banks are turning up the heat in the mortgage loan war among banks. They are now offering more attract...

Terror group behind Indonesia 'book bombs' - Straits Times

Terror group behind Indonesia 'book bombs' - St...

straitstimes.com 16 Mar '11, 9am

An Indonesian armed anti-terror policeman (right) looks on as security personnel of the national narcotics agency man a se...

Nuclear energy option for Sg still far away

Singapore, March 17 - Any decision on whether or not to have nuclear energy in Singapore is a long way away, the Ministry ...

Analysts: Crude oil prices hitting US$120 a bar...

channelnewsasia.com 03 Mar '11, 12pm

SINGAPORE : Analysts say that if oil prices reach US$120 a barrel, they could shave off as much as 1.5 percentage points f...

The IDEAS behind Moodler - tracking the mood of your social network.

The IDEAS behind Moodler - tracking the mood of...

youngupstarts.com 17 Mar '11, 12am

We previously featured Moodler , an India based micro-blogging platform which tracks the mood of your social network . It ...

Thailand lifts interest rate to tackle inflatio...

channelnewsasia.com 09 Mar '11, 10am

BANGKOK - Thailand raised its benchmark interest rate on Wednesday for the fifth time in the past eight months in an attem...

Money - Yen hits new record high of 76.52 in early Asian trade: TOKYO - THE yen continued to surge in early...

Money - Yen hits new record high of 76.52 in ea...

straitstimes.com 17 Mar '11, 12am

The yen continued to surge in early Asian trade on Thursday, hitting a new record high of 76.52 (S$1.22) against the dolla...