China ready to cut rates again on fears of deflation

(Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in...

World watches for first US interest rate hike in 8 years

As the US economy picks up pace its Federal Reserve is inching closer to raising interest rates, a move that will send ripples across the globe. The US is shaking off the hangover from the financial crisis that hammered Europe and even knocked mighty China off its...

Pound falls on fears of Scottish independence (08/09/2014)

The currency fell 1% against the dollar in early trading to $1.6159, and also fell almost 1% against the euro to 1.2480 euros. It came after a YouGov poll suggested supporters of an independent Scotland had taken a narrow lead in the referendum debate for the first...