China raises financial institution reserves to curb lending, ease inflation

China ordered its banking institutions Friday to maintain back more funds as reserves in its newest transfer to curb lending and cool a spike in inflation The buy raising reserves 0.5% of deposits is the second this kind of move this year by the central financial institution and follows 6 reserve raises in 2010. Reserves […]

Share

New York Post drops gossip columnist Liz Smith

Which gossip writer has been let go from a New York tabloid? Legendary gossip columnist Liz Smith has been given her walking papers by the New York Post, Smith and the paper confirmed. While no reason was given, New York Post Editor Col Allan said in a statement Tuesday, “The Post is grateful to have been able to publish Liz Smith’s legendary column for so many years

Share