Tokyo / AFP Japan’s central bank on Tuesday again pushed back the timeline for hitting its inflation goal, the latest policy change that has raised questions about its attempt to revive the deflation-plagued economy. The Bank of Japan (BOJ) has for more than three years embarked on a bond-buying stimulus programme to try to keep interest rates ultra-low and ...

  Sydney / AFP Australia’s central bank on Tuesday held interest rates at a record low of 1.50 percent and indicated what analysts called a “wait and see” approach to future monetary policy easing despite a run of soft inflation figures. The country is transitioning away from a resources investment boom that has helped the economy mark a quarter of ...

  London / AFP Bank of England (BOE) governor Mark Carney put an end to speculation over his future by announcing he would extend his contract for one year to 2019 to help secure an “orderly transition” to Brexit. The Canadian will not take up his option to leave in 2018, but at the same time has declined to serve ...