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Australia's central bank believes the underlying inflation in the country is likely to increase gradually over the coming year.
SYDNEY, Australia: Australia's central bank said Wednesday it could adjust interest rates to fight off rising inflation sparked by high oil prices.
WELLINGTON, New Zealand:: New Zealand's Reserve Bank on Thursday raised its benchmark cash rate by 0.25 percent to 7 percent in a move aimed at cooling inflation and warned further rises may follow.
Regulators are tightening their oversight of the Indian stock market following its spectacular surge in recent months, newspapers reported Tuesday.
In the aftermath of Hurricane Katrina, investors trying to figure out where Wall Street is headed are likely to find it's an impossible task.