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Exclusive: China’s central bank to step up easing, won’t borrow Fed playbook – sources
By Kevin Yao BEIJING (Reuters) – China’s central bank will ramp up its policy easing to support the coronavirus-ravaged economy but debt worries and property risks will prevent it from following the U.S. Federal Reserve’s steep rate cuts or quantitative easing moves, policy sources said. China’s leaders have pledged to combat the impact from the […]
Stocks rally after last week’s rout on central bank policy hopes
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – Equity markets around the world rose on Monday as speculation that central banks will cut interest rates to soften the economic blow of the coronavirus heartened investors and drove U.S. government debt yields to record lows. Factories took a beating in February from the new […]
Road-rage killer enjoys freedom and poses with Elvis impersonator at pub
Kenneth Noye, road-rage killer and gangster, has been spotted enjoying his freedom as he poses for photos with an Elvis impersonator at a pub. The photo of the 73-year-old, who was jailed for life, was in a collection of snaps posted online. Noye, who was imprisoned in 2000 for the 1996 stabbing of Stephen Cameron, […]