China's stocks retreat amid slowing growth

Source: Bloomberg
© Scanpix/Reuters
China's share prices decreased after 4 days of surging lead by industrial and financial companies amid slowing economic growth, which was indicated by worse-than-expected service industries' data. The Shanghai Composite Index dropped 0.6% to 1,994.27 after 2.9 three-day rally. The CSI 300 Index slid 0.8%, while Hang Seng China Enterprise Index lost 3.3%.
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Wed, 03 Jul 2013 10:19:15 GMT

Swiss shares fall for second straight day

Shares in Switzerland slid for a second straight day as S&P downgraded its second-largest bank and on increasing oil prices. The Swiss Market Index fell 1.4% to 7,622.58 as of 9:54 a.m. Zurich time; moreover, the gauge has dropped 9.3% since the Fed's Bernanke statement on May 22. The Swiss Performance Index slipped 1.3% today.

Wed, 03 Jul 2013 09:57:15 GMT

Loonie falls on bets U.S. economy grows faster

The Canadian currency slipped to lowest level in 20 months as U.S. manufacturing output jumped in May, increasing the concerns that U.S. economy is growing at faster pace compared to Canada's. The Canadian Dollar weakened 0.5% to C$1.0544 per U.S. Dollar as of 5 p.m. Toronto time; touching the lowest level since October 4, 2011 and one Canada's Dollar buys

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