Wednesday, November 25, 2015   

ECB holds key rate at record low 0.25pc
(03-06 20:50)

The European Central Bank held its benchmark interest rate unchanged at a record low of 0.25 percent today, following a meeting in Frankfurt, Germany.
Investors will also pay close attention today to the ECB's latest economic forecasts, in particular its inflation expectations.
The central bank said in a statement it also held its other two key rates -- the marginal lending rate and the deposit rate -- unchanged at 0.75 percent and zero percent respectively. The marginal rate is the rate that banks pay to borrow overnight.--AP/AFP

Other Business breaking news:
German execs upbeat over business (11-24 17:41)
Allianz trims coal portfolio (11-24 17:39)
Multi-billion-dollar deals break all-time records (11-24 17:13)
Hang Seng closes lower (11-24 16:46)
Emails between Coke and Global Energy Balance Network (11-24 16:39)
Global Energy Balance Network accommodated Coke’s input (11-24 16:36)
Emails reveal Coke’s hidden hand in shaping anti-obesity group’s public message (11-24 16:15)
Sa Sa earnings dive by 55pc, profit margin shrinks (11-24 16:09)
HK, Shanghai stocks lower at mid day (11-24 13:09)
Down day for US blue chips (11-24 12:16)

More breaking news >>

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