China's Surprise Rate Cut Boosts Hopes Of Global Action

China

BEIJING (Reuters) - China delivered a surprise interest rate cut on Thursday to combat faltering growth, underlining concern among policymakers worldwide that the euro area's deepening crisis is threatening the health of the global economy.

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YAHOO NEWS:
  • North Korean leader sends special envoy to China
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    LONDON (AP) — Higher than expected Chinese inflation figures on Thursday gave investors a chance to cash in on recent gains, which have sent some of the ...
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  • UK jobless rate rises, central bank split on stimulus
    LONDON (Reuters) - British unemployment rose in February and wage growth slowed to a record low, suggesting cracks are starting to show in the labour ...
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