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ECB's Draghi: Bank may intervene on bonds
Aug 2nd, 2012
European Central Bank head Mario Draghi says the bank may intervene in the bond market to drive down countries' high borrowing rates. (Source: Associated Press) -
LONDON (AP) - The failure of European Central Bank President Mario Draghi to hint at any further easing in monetary policy weighed on stock markets Thursday but shored up the euro as attention turned towards key U.S. jobs figures. (Source: Associated Press)... [Full Article]
By Huw Jones LONDON (Reuters) - Regulators decide this week how banks should set a limit to the risk they take onto their balance sheets, with investors likely to pressure lenders to comply before formal implementation in 2018. Banks will be forced to hold more capital and cash as part of the world's main regulatory response to the financial c... [Full Article]
BAGHDAD (AP) - Kuwait's prime minister discussed ties with his Iraqi counterpart in Baghdad on Wednesday, signaling improving relations between neighbors still working to overcome the more than two-decade legacy of war. (Source: Associated Press)... [Full Article]