Rate-cut hopes relieve financial gloom (AFP)

Posted by admin on October 29, 2008 under News |

Rate-cut hopes relieve financial gloom (AFP)

Hungarians hold national flags in front of the parliament building in Budapest in 2006. Stock markets have soared, buoyed by expectations of rate cuts in the United States and Japan as China announced its own reduction in a bid to counter the impact of the global financial crisis.(AFP/File/Ferenc Isza)AFP - Stock markets soared on Wednesday, buoyed by expectations of rate cuts in the United States and Japan as China announced its own reduction in a bid to counter the impact of the global financial crisis.


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