MARKET EYE-SGX Nifty gains; WPI inflation key
* Nifty futures on the Singapore Exchange rose 0.19 percent and the MSCI-Asia Pacific index excluding Japan was up 0.72 percent. * Asian shares inched higher on Wednesday while the yen was firmer amid conflicting interpretations of G7 comments about its recent weakness. * Foreign investors bought 6.04 billion rupees of stocks, while domestic institutions sold 4.12 billion rupees of stocks on Tuesday, when the BSE index rose 0.52 percent. * All eyes are now on January WPI data, due on Thursday, which is expected to have eased to its lowest level in three years, due to a smaller rise in prices of manufactured goods, according to a Reuters poll. * Earnings on Wednesday: Tata Steel, Coal India . (firstname.lastname@example.org /; email@example.com)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.
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