India: Central Bank cuts interest rates for the first time in five years

India’s central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia’s third largest economy. The Reserve Bank of India (RBI)…

Japan: Central Bank raises rates to highest in 17 years

Japan’s central bank has increased the cost of borrowing to its highest level in 17 years after consumer price rises accelerated in December. The move by the Bank of Japan…