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Britain pumps cash into banks, Hong Kong slashes rates

 
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PostPosted: Wed Oct 08, 2008 7:19 am    Post subject: Britain pumps cash into banks, Hong Kong slashes rates Reply with quote

LONDON/HONG KONG (Reuters) - Britain announced plans to inject up to 50 billion pounds ($87.2 billion) in capital into its biggest retail banks on Wednesday and Hong Kong slashed interest rates to try to stem the global financial crisis.
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