Zambia economy seen growing 6.5 pct in 2011

A security guard stands next to a shipment of copper ready to be delivered in Valparaiso city
Zambia's economy is expected to grow 6.5 percent this year and 6.6 percent next year on the back of a rally in copper prices and improvements in agriculture, a Reuters poll of 12 economists showed on Thursday.

Gold gains safe-haven bid from M.East turmoil

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Gold rose for a fourth day in a row on Thursday in its strongest run since September, helped by safe-haven demand as unrest spread across the Middle East, while the dollar remained under mild pressure.
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US stocks decline after CPI, jobs data

US stocks declined in early trade on Thursday after official data showed that weekly jobless claims unexpectedly rose last week while Consumer Price Index (CPI) climbed more than forecast in January.
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China inflation data adds to tightening case

China inflation data adds to tightening case

Chinese inflation hit a lower-than-forecast 4.9 percent in January, but price pressures excluding food were their strongest in at least a decade and will force the central bank to keep tightening monetary policy.
A panel displays the daily blue-chip Hang Seng Index movement at the Hong Kong Exchange

Asian stocks end mixed

Asian stocks ended mixed on Tuesday as investors digested news that China’s inflation rate remained elevated in January as food prices continued to rise.
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Gold rises above $1,360, inflation in focus

Gold rose above $1,360 an ounce on Monday as the dollar's retreat from highs versus the euro took some pressure off prices, with a second consecutive weekly price rise underpinning investors' confidence in the metal.
A migrant worker pushes his belongings past a vendor selling foldable stools near Dongguan East station in southern China

China may hike interest rate within a month: report

China is expected to see another interest rate hike within a month as the government intensifies its efforts to control the rising inflation, The New York Times reported on Wednesday citing a forecast of economists and bankers.
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Eurozone January inflation rises to 2.4 pct

Inflation in the eurozone rose to 2.4 percent in January from 2.2. percent in December, according to the preliminary estimates of Eurostat, European Union's official statistics agency.

Japan deflation drags on for 22nd month

Japan's core consumer prices fell in December from a year earlier for a 22nd consecutive month, as slow wage growth and sluggish demand kept the country mired in deflation while the government grapples with heavy public debt.

China Q1 GDP seen up 9 pct y/y, CPI up 5 pct -report

China's annual economic growth is expected to ease to about 9 percent in the first quarter while consumer inflation is projected at 5 percent, according to a government think tank report published in the official Chinese Securities Journal on Thursday.

China media lauds Hu's U.S. visit as masterstroke

Chinese media praised President Hu Jintao's visit to the United States on Friday as a diplomatic masterstroke in easing tensions, but reports largely ignored thornier questions of currency and human rights.

China rate hike looms as inflation becomes political issue

Close on the heels of a China central bank adviser hinting at an imminent rate hike, a state-controlled newspaper has said more rate hike is on the cards, probably as early as in February, confirming the dominant view that Beijing will pull out all the stops to address what is becoming a serious political problem.

Gilts slide after surge in UK inflation

Gilts and short sterling futures slid on Tuesday after data showed UK consumer price inflation rose faster than forecast in December, fuelling concerns the Bank of England may be forced to raise interest rates sooner than expected.


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