04 Dec '11, 2am

ECB set to cut rates again

FRANKFURT: The European Central Bank is expected to cut its key interest rates for the second time in two months next week as EU leaders battle to find a solution to the long-running debt crisis. The ECB's decision-making governing council is holding its last monthly interest-rate meeting this year on Thursday, the same day as European Union leaders gather in Brussels to find ways out of a crisis that is threatening the very existence of the single currency. Many governments and analysts see the ECB as the sole institution capable of putting out the fires of the crisis in the immediate term. But the bank's new chief, Mario Draghi, has repeatedly stressed its fire-fighting role is only temporary and it is ultimately up to member countries themselves to get their finances in order. Draghi surprised the markets when he took over at the ECB's helm only last month with an immed...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

Tweets

LOTD: Cut Crease Olive Green

LOTD: Cut Crease Olive Green

retailtherapy.onsugar.com 04 Dec '11, 2pm

I think this is the first time I have successfully tried out a 'cut crease' look! Cut crease means a very distinct line fr...

@kristt8 Of course since I already picked these out for you.

@kristt8 Of course since I already picked these...

christies.com 04 Dec '11, 4am

A SET OF DIAMOND JEWELRY Comprising a necklace, designed as a circular-cut, rose-cut and briolette-cut diamond tassel, fro...

Boland among players to make Q-School cut

Boland among players to make Q-School cut

golfweek.com 03 Dec '11, 9pm

Scores • LPGA Q-School (Rd. 4) DAYTONA BEACH, Fla. – Julia Boland tapped in a putt for par at the 18th hole of LPGA Intern...

Get set for more K-pop mania

Get set for more K-pop mania

channelnewsasia.com 02 Dec '11, 1pm

SINGAPORE: They gave up sleep, scoured for prime star-spotting spots since 2am, braved heat and rain, and went home deliri...

Italy set to enter recession in 2012, its deputy economics minister says

Italy set to enter recession in 2012, its deput...

straitstimes.com 05 Dec '11, 12am

Deputy Economy Minister Vittorio Grilli said on Sunday Italy was set to enter a recession in 2012, with Gross Domestic Pro...