Tuesday, December 1, 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:
HK posts HK$33b fiscal deficit (11-30 19:28)
HK yuan pool shrinks in October (11-30 19:23)
China stocks rebound at close (11-30 15:49)
Yuan weakens (11-30 14:06)
China proposes electricity futures and derivatives market (11-30 14:01)
China public floats resume (11-30 13:59)
China, HK stock sell-off continues (11-30 12:56)
Uptick in Japanese factory output (11-30 12:29)
Greek pensioners vow to defy proposed cuts (11-27 16:52)
Skin care drug prices rocketed by 401pc since 2009, US study finds (11-27 16:48)

More breaking news >>

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