Borrowing costs likely to rise due to high interest rates, says Moody’s

Authorities in euro zone, South Korea may also tighten policy to ensure macroeconomic stability, the rating firm said

Emerging-market stocks and currencies retreated after the Federal Reserve indicated it will keep raising rates, sending the U.S. dollar higher and damping a post-midterm rally.

Argentina’s central bank has become a kind of borrower of last resort. It’s the only place where banks can safely and profitably park their money, as credit drains out of a slumping economy.

SYDNEY, Nov 9 (Reuters) - Australia's central bank raised its economic growth and inflation forecasts, but said on Friday that it did not see a strong case to raise interest rates in the near term.

FRANKFURT (Reuters) - Two of the world's biggest economies probably shrank last quarter, further proof that global growth is now past its peak and the risk of a downturn is rising.