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| | | ... lowered the fed funds rate to 1.5 per cent, the European Central Bank dropped its repo rate to 3.75 percent, the Bank of England cut its base rate to 4.5 per cent, the Bank of Canada to 2.5 per cent, the Swiss National Bank to 2.5 per cent and Sweden's ... |
| | | | ... the provision of U.S. dollar liquidity in amounts of up to $30 billion by the Bank of Canada, $80 billion by the Bank of England, $120 billion by the Bank of Japan, $15 billion by Danmarks Nationalbank, $240 billion by the ECB, $15 billion by the Norges ... |
| | | | ... Bingley, Hypo Real Estate - rocked the markets amid growing doubts about passage of the $US700 billion US rescue package. In England the benchmark FTSE 100 index fell 269.7 points, or 5.3 per cent, to close at 4,818.8. FRANKFURT - In Germany, the benchmark ... |
| | | | ... stock exchanges fell in Friday trading, with Germany, France, Italy and the UK all threatened with possible recession. In England the benchmark FTSE 100 index shed 108.5 points, or 2.09 per cent to close at 5,088.47. FRANKFURT - In Germany, the benchmark ... |
| | | | ... the liquidity crisis and stabilise the financial markets. The US Federal Reserve, the European Central Bank, the Bank of England, the Bank of Canada and the Swiss National Bank agreed to jointly inject more than US$100 billion into the financial system ... |
| | | | ... banks pledged to make US$70 billion available, and extra liquidity injections from the European Central Bank, the Bank of England and the Swiss National Bank, failed to stem the financial market panic. Consensus has shifted to a more than 80 per cent ... |
| | | | ... cent in August after a 0.8 per cent increase in July. These two indicators highlight the dilemma faced by the Bank of England (BoE), which will release the minutes of its September monetary policy meeting. The BoE kept rates unchanged at 5.0 per cent ... |
| | | | ... downturn unnecessarily.' This ominous outlook is consistent with the views indicated by last night's testimonies of Bank of England members, led by Governor Mervyn King, before the UK Parliament. King noted that since he last spoke before the UK Treasury ... |
| | | | Global video specialist firm TANDBERG has won a contract with the New England Credit Union (NECU) to provide video-to-desktop services - upgrading the credit union's customer service while slashing up to $300,000 in operational costs. TANDBERG has been ... |
| | | | ... expected, only the Reserve Bank of Australia (RBA) cut its benchmark interest rate last week. The Bank of Canada, the Bank of England and the European Central Bank kept monetary policy unchanged. The downtrend in commodity prices continued last week ... |
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