Ten Things You Need to Know Today: Tuesday 25 Aug 2015

1. Markets boosted by China interest rate cut

Global stock markets have been boosted by the news that China has cut its main interest rate by 0.25%. The decision to cut the rate for the fifth time since November was taken after two days of turmoil on the markets, which saw the Shanghai Composite index fall by 7.6% on Tuesday. The rate cut takes effect on Wednesday and has been welcomed by economists.

2. Shoreham air show crash: fourth victim

A fourth victim of the Shoreham air show crash has been named. Maurice Abrahams, 76, was a chauffeur whose family say he enjoyed his work driving his “beloved” Daimler. He was on his way to pick up a bride for his wedding when a Hawker Hunter jet crashed onto the A27 in West Sussex. Eleven people are believed to have died.

Pilot errors caused Shoreham air show disaster

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3. North and South Korea defuse tensions

After their worst military engagement for five years, North and South Korea have reached a deal. South Korea said the North had agreed to “express regret” over the deaths of two soldiers from the South who were killed by a mine which the North initially denied planting. South Korea has ceased propaganda broadcasts in return.

North Korea detains another US citizen

4. Rutherford wins long-jump gold in Beijing

Following in the footsteps of Mo Farah and Jessica Ennis-Hill, British long-jumper Greg Rutherford has replicated his London 2012 success and won gold at the World Championships in Beijing. The 28-year-old won the event with a leap of 8.41m and becomes only the fifth Briton to hold Olympic, world, European and Commonwealth titles simultaneously.

5. 3,000 excluded from Labour leadership election

The four wannabe Labour leaders have met acting party leader Harriet Harman to discuss fears that the leadership vote has been “infiltrated” by people hostile to the Labour party who hope that Jeremy Corbyn will make the party unelectable. Harman said that 3,000 alleged "cheats" had so far been excluded from voting in the contest, with more expected.

Jeremy Corbyn is a 'disaster', says Stephen Hawking

6. Four Britons die in Quebec plane crash

A light aircraft has crashed on a sightseeing trip in Quebec province in Canada. Six people have been killed, including the pilot, one French passenger and four Britons. The Beaver seaplane came down in a densely wooded area on the north shore of the Gulf of St Lawrence. Wreckage was located with the help of army parachutists.

Canada plane crash: four Britons confirmed dead in Quebec

7. Islamic State militants preparing to strike in Europe

Spanish and Moroccan authorities have arrested 14 people suspected of acting as recruiters for Islamic State. Meanwhile, counter-terrorism sources in Spain have claimed that some 800 extremists affiliated to IS and al-Qaeda are planning to launch attacks in Europe. A Moroccan gunman was overpowered on a train travelling from Amsterdam to Paris last week.

Anti-terror sources claim 800 jihadists ready to strike in Europe

8. Edinburgh Zoo panda loses her cub

Tian Tian, one of two giant pandas on loan from China to Edinburgh Zoo, has lost her cub during pregnancy. The Zoo had expected her to give birth last week but now believe she must have absorbed the foetus into her womb during pregnancy. She had been artificially inseminated with semen from her mate Yang Guang in March.

9. Vote finds funniest joke at Edinburgh Fringe

A vote organised by the TV channel Dave has chosen the funniest one-liner at the Edinburgh Fringe. The winner is 39-year-old comic Darren Walsh with his quip: “I just deleted all the German names off my phone. It’s Hans-free.” Walsh, from Peterborough said he was delighted, describing winning as a “punderful feeling”.

Edinburgh Fringe Festival 2015: best jokes from the past five years

10. Briefing: 60 years of the Guinness Book of Records

On the 27 August 1955, the first ever Guinness Book of World Records was bound and printed in Fleet Street. Sixty years later, the book has sold more than 100 million copies in 37 different languages – and broken its own record for the world's best-selling copyright book in the process. The book resulted from the frustration of Sir Hugh Beaver, then managing director of Guinness breweries, who was unable to verify his claim during a pub debate that the golden plover was Europe's fastest game bird.

Guinness World Records turns 60: the most bizarre feats