China's FDI declined in January

Source: Marketwatch
Chinese foreign direct investment slowed 0.3% in January, posting the third consecutive drop in three months on weakening demand from Europe, said Ministry of Commerce on Thursday. Monthly investment inflows totalled USD 10 billion compared to USD 12.2 billion in December. Inflows from EU tumbled 42% from previous year to USD 452 million. In contrast FDI from US surged 29% to USD 342 million.  
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Fri, 17 Feb 2012 07:35:12 GMT

European markets close lower on news from Moody's and Greece

European shares traded down on Thursday amid worries EU FMs may cancel rescue package for Greece and Moody's rating agency threatened to cut credit ratings for more than a hundred large-scale global lenders. German DAX and FTSE 100 index each fell 0.1% to 6,751.96 and 5,885.38, respectively. In contrast French CAC 40 index and Stoxx 600 Europe index closed 0.1% up at 3,393.25 and 264.31,

Fri, 17 Feb 2012 07:47:13 GMT

Creditors require more control on Greece budget

European creditors are struggling to assure that bailout financing is spent properly. European finance officials demand particular mechanisms to pledge the successful implementation of rescue program. Greece is obligated to meet all requirements set by EU and IMF to receive second bailout financing and repay debt on March 20. 

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