European stocks advanced, rebounding from yesterday’s decline, as a report showed China’s economy expanded in line with the government’s target. U.S. index futures and Asian shares were little changed.
Showing posts with label China’s economic growth. Show all posts
Showing posts with label China’s economic growth. Show all posts
January 21, 2014
European Stocks Little Changed Following Two-Week Advance
European stocks were little changed after a two-week rally pushed the Stoxx Europe 600 Index to a six-year high. U.S. equity-index futures were also little changed, while Asian shares dropped.
September 29, 2011
Yuan Forwards Drop Most in a Week on Euro-Debt Crisis Concern
Sept. 29 (Bloomberg) -- Yuan forwards declined the most in a week on concern European leaders will struggle to contain the region’s debt crisis, dimming the outlook for global growth.
China’s economic growth will slow to 5 percent by 2016, from 9.5 percent last quarter, a Bloomberg poll indicated. The European Commission is resisting a push to impose bigger writedowns on bank holdings of Greek sovereign debt than those previously agreed on, a European official said. China may peg the yuan to the dollar or to a basket of currencies again if there is a global recession, Huang Yiping, Barclays Capital’s chief economist for emerging Asia, said in Beijing today.
China’s economic growth will slow to 5 percent by 2016, from 9.5 percent last quarter, a Bloomberg poll indicated. The European Commission is resisting a push to impose bigger writedowns on bank holdings of Greek sovereign debt than those previously agreed on, a European official said. China may peg the yuan to the dollar or to a basket of currencies again if there is a global recession, Huang Yiping, Barclays Capital’s chief economist for emerging Asia, said in Beijing today.
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