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Fed minutes indicate June hike unlikely
Business, Reuters, Published on 22/05/2015
» WASHINGTON: Federal Reserve officials believed it would be premature to hike interest rates in June even though most felt the US economy was set to rebound from a dismal start to the year, according to minutes from their April policy meeting released on Wednesday.
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AIIB expects to be operational by year-end
Reuters, Published on 22/05/2015
» SINGAPORE — The China-backed Asia Infrastructure Investment Bank said on Friday it expected to be operational by the end of this year, after a three-day meeting of prospective member nations in Singapore.
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