Six of the world's largest central banks have implemented co-ordinated measures to boost liquidity on global financial markets.
The European Central Bank and the Bank of England said they would each offer up to 40 billion dollars in overnight funds. The US Federal Reserve said it would authorise 180 billion dollars more for temporary currency swap arrangements. Stock markets around the world are showing signs of recovery after a sell-off on Wall Street on Wednesday. In early trading, European bourses are in or near positive territory after British bank Lloyds announced it would buy troubled mortgage lender HBOS.
(Deutsche What's Left of the Berlin Wall ...
Unicredit cuts jobs and eyes east ... Welle)
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