Rescue plan steadies stock market

The London stock market steadied today as traders attempted to digest yesterday’s dramatic efforts to tackle the global financial crisis.

Rescue plan steadies stock market

The London stock market steadied today as traders attempted to digest yesterday’s dramatic efforts to tackle the global financial crisis.

The FTSE 100 Index was more than 1.5% higher after interest rate cuts in South Korea, Hong Kong and Taiwan fuelled a modest recovery for Asian markets.

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