Fed sees US economy sliding further

Federal Reserve policy-makers, faced with bleaker forecasts for a rapidly worsening recession, decided to buy a "substantial" amount of U.S. Treasury and mortgage debt to halt the slide, minutes of their most

Asia stocks gain on tech; yields rise further

Asian stocks pushed back towards a six-month high on Thursday as technology shares resumed their rally, while Japan's surprisingly big stimulus spending and signs of stabilising economic activity drove up government bond