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World's central banks act to ease market strains

World Central Banks

Major central banks around the globe took coordinated action Wednesday to ease the strains on the world's financial system, saying they would make it easier for banks to get dollars if they need them. Stock markets and the euro rose sharply on the move.

 

Asian markets rally after European bank decision

A decision by European central banks to support the region's financial system helped calm Asian markets, setting off a rally across the region in Friday trading....

 

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