LONDON, Dec. 4 (UPI) -- Central banks in Britain and Sweden cut their key interest rates to 2 percent Thursday to provide liquidity to financial markets.
LONDON, Dec. 3 (UPI) -- European financial markets were braced for large interest rate cuts across the continent in the wake of more bad economic news.
TOKYO, Dec. 2 (UPI) -- The Bank of Japan said Tuesday it would initiate a series of steps to pump $32 billion into the economy.
SEOUL, Nov. 27 (UPI) -- The Bank of Korea said Thursday it would receive $4 billion through a U.S. Federal Reserve currency swap to shore up the won.
LONDON, Nov. 26 (UPI) -- The economies of Central and Eastern Europe and Central Asia are set for pronounced slowdowns in 2009, a bank that supports development in those regions said.
LONDON, Nov. 25 (UPI) -- Bank of England Gov. Mervyn King said Tuesday the central bank may need to cut rates to stimulate the country's sluggish lending.
SEOUL, Nov. 24 (UPI) -- A Korean district court ruled Monday the sale of 51 percent of the Korean Exchange Bank to a U.S. equity firm was handled legally.
LONDON, Nov. 18 (UPI) -- Inflation in Britain fell in October by the biggest margin since 1997, possibly signaling a central bank lending rate cut in December, an economist said.
YORK, Pa., Nov. 14 (UPI) -- A would-be bank robber threatened to file an official complaint after finding that a bank in Springettsbury Township, Pa., had no cash on hand, police said.
FRANKFURT, Germany, Nov. 14 (UPI) -- U.S. Federal Reserve Chairman Ben Bernanke used an appearance in Frankfurt, Germany, Friday to highlight international banking cooperation.
TOKYO, Nov. 13 (UPI) -- A member of Bank of Japan's policy board Thursday warned Japan's sluggish economy could deteriorate further because of the global financial crisis.
LONDON, Nov. 12 (UPI) -- The British economy could shrink 2 percent in the second quarter of 2009, the Bank of England said Thursday.
KABUL, Afghanistan, Nov. 10 (UPI) -- A conference hosted by the Afghan government designed to facilitate cooperation on countering security threats in Central Asia concluded Monday.
PARIS, Nov. 7 (UPI) -- French Finance Minister Christine Lagarde said the European Central Bank's lending rate cut this week wasn't good enough.
LONDON, Nov. 6 (UPI) -- A major British bank said it would pass on the full lending rate cut announced by the Bank of England Thursday to its customers.