The yen weakened beyond 111 per dollar for the first time in more than six years after the Bank of Japan unexpectedly increased monetary stimulus.
The UK government has finally decided to pay off part of the nation's First World War debt. George Osborne, the Chancellor of the Exchequer, will today announce the redemption of bonds, some of which stretch as far back as the eighteenth century.
LONDON - Britain's government published proposals to give the Bank of England new legal powers to control residential mortgage lending on Thursday, but said it wanted more evidence before deciding on a BoE request to regulate lending to landlords.
Consumer confidence in the UK declined for a second straight month in October as Britons still remain pessimistic about the economy.
The parent company of British Airways, IAG, has upgraded its profit forecast after it reported a 30% rise in third quarter profits.