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Central banks ease most since 2009 to avert contagion
Central banks are undertaking the largest reduction in borrowing costs since 2009 to avoid a global slump.
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Greece’s statistics chief faces criminal probe
The head of Elstat, Greece’s new independent statistics agency, faces an official criminal investigation for allegedly inflating the scale of the country’s fiscal crisis and acting against the Greek national interest.
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China eyes western infrastructure
China Investment Corporation plans to invest in the infrastructure of developed countries, beginning with the UK.
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Euro area crisis threatens EU sovereign ratings: Moody's
Moody’s has warned today that the escalation of the Euro crisis threatens the credit rating of all European governments.
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Inner workings of market readied for euro breakup
FX settlement companies are testing systems that could handle the trading of pre-Euro currencies.
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Hedge fund chief backs transaction tax plan
The CEO of Winton Capital has given qualified support to a European financial transaction tax, a stance at odds with the UK government and many peers.
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China Profit Growth Slow on Property Curbs
Chinese corporate profit growth – already suffering from reduced export demand from Europe – may be further slowed by a campaign to lower property prices
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