Japan's central bank on Tuesday on Tuesday its negative interest rate as it finally began unwinding one of the world's most aggressive monetary easing programmes.Because negative interest rates mean banks lose out by parking capital with the BoJ, the policy was aimed at encouraging them to lend to businesses and thereby jump-start the economy and inflation.
First T20 in Dunedin: England Women beat New Zealand Women by 27 runs
Donald Trump faced having assets seized in a humiliating blow to his carefully cultivated image as a self-made tycoon as his lawyers acknowledged Monday he doesn't have the cash to appeal a $464 million fine for fraudulently inflating his wealth."Defendants have faced what have proven to be insurmountable difficulties in obtaining an appeal bond for the full $464 million," Trump Organization general counsel Alan Garten said in a filing to the court.