South Korea’s central bank cuts its key interest rate in a surprise move aimed at boosting growth and countering a weak Japanese yen.
Link: South Korea central bank cuts rates
Category : Business, World News
Category : Business, World News
Germany’s Commerzbank reports a 94m-euro ($123m; £79m) loss in the first quarter after being hit by charges related to job cuts at the bank.
See more here: Commerzbank hit by cost of job cuts
Category : Business
Supermarkets announce petrol price cuts following a fall in the wholesale cost and a more favourable exchange rate.
View original post here: Petrol prices down at supermarkets
Category : Business, World News
Portugal’s PSI 20 share index falls after a court ruling that spending cuts aimed at balancing the country’s finances are unconstitutional.
Read more here: Portugal shares fall on cuts news
Shadow chancellor says new measures, coupled with benefit cuts, will leave most ordinary people worse off.
See the original post here: AUDIO: Ed Balls: Most worse off after tax changes
Category : Business
US President Barack Obama is prepared to offer cuts to Americans’ pensions to strike a deficit deal with Republicans, a White House official says.
Read more from the original source: Obama ‘offering to cut US pensions’
Category : World News
South Korea cuts its growth forecast for the second time in three months, amid a slowdown in its exports.
Original post: South Korea lowers growth forecast
Category : World News
US consumer confidence fell sharply this month, affected by federal budget cuts, a closely watched report suggests.
Follow this link: US cuts ‘hit consumer sentiment’
Category : Business, World News
The Budget allows further departmental spending cuts to be deferred until after the next election, according to the Institute for Fiscal Studies.
Continue reading here: Budget ‘defers cuts until 2015-16′
Category : Business, World News
India cuts its main interest rate for the second time in three months as it looks to revive its sluggish economic growth.
Read the original: India cuts rates to spur growth