TOKYO, Jan. 8 (UPI) -- Japan's financial institutions are being offered $13 billion in emergency loans from the Bank of Japan, the central bank said Thursday.
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.
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.
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) -- Two central banks in Europe cut their lending rates Thursday -- the Bank of England by 1.5 points and the European Central Bank by 0.5 point.
TOKYO, Nov. 5 (UPI) -- Japan's central bank, which cut its key interest rate to 0.3 percent from 0.5 percent, appeared unlikely Wednesday to cut more as indicated by its governor.
ABU DHABI, United Arab Emirates, Nov. 4 (UPI) -- Britain's business secretary, Peter Mandelson, warned the country's banks Tuesday to pass interest rate cuts along to their customers.
LONDON, Oct. 31 (UPI) -- Half of Britain's banks failed to lower interest rates on adjustable rate mortgages after the Bank of England cut its rate Oct. 8, a research group said.
TOKYO, Oct. 31 (UPI) -- The Bank of Japan Friday cut its key interest rate to 0.3 percent from 0.5 percent, the first such cut in seven years, to boost Japan's sluggish economy.
OSLO, Norway, Oct. 29 (UPI) -- Norway's central bank, Norges Bank, knocked a half point off its key lending rate Wednesday, dropping the rate down to 4.75 percent.
WASHINGTON, Oct. 28 (UPI) -- Authorities at central banks in Europe and the United States have indicated that lending rate cuts to support the battered global economy may be coming soon.
FRANKFURT, Germany, Oct. 24 (UPI) -- A European Central Bank executive board member said "medium term" inflation would not be affected by a lending rate cut.
NEW DELHI, Oct. 20 (UPI) -- India's central bank Monday slashed the interest it charges on loans to commercial banks by 1 percentage point to 8 percent to spur the economy.
FRANKFURT, Germany, Oct. 17 (UPI) -- By cutting lending rates Oct. 8, the European Central Bank signaled its focus on inflation had shifted to restoring calm to financial markets.
