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Draghi outflanking Kuroda as bearish euro bets surge

FRANKFURT: With Mario Draghi poised to start injecting unprecedented amounts of money into the eurozone economy, he’s already beating his Japanese peer in the global currency wars. Bets on a weaker euro by hedge funds and other large speculators last month exceeded bearish yen wagers by the most since August [...]

Negative inflation to herald QE launch

THE European Central Bank is about to start printing money. Euro zone data today will show why. They are forecast to show the bloc’s inflation rate was -0.4 percent in February though higher than expected numbers from Germany, Italy and Spain could push the figure for the currency area up [...]

Dealing with Reserve Bank of India

FINANCE minister Arun Jaitley continues to draw well-deserved accolades from many sources for a pragmatic budget. Within the constraints he faced, he has done a good job of diverting resources towards investment. At the same time, states have received an unprecedentedly large share of the central tax pool. This columnist [...]

Football: Wenger praises Giroud’s mental strength

Arsene Wenger praised Olivier Giroud s mental strength and insisted he was never tempted to rest the striker after his misfiring display against Monaco. Giroud had been replaced after missing a number of chances during the 3-1 Champions League defeat. But Arsenal manager Wenger kept faith in the forward as [...]

Nadal ends title drought with Argentina win

Rafael Nadal won his first title in nearly nine months after beating Juan Monaco 6-4, 6-1 at the Argentina Open. Nadal s triumph was his first since he won a ninth French Open title at Roland Garros last June. It was Nadal s 65th career crown on all surfaces, moving [...]