UK stocks fell

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AFP

Britain benchmark stock index dropped after Fitch Ratings announcement that US banks may be impacted by Eurozone debt crisis. The FTSE index fell by 1.1% in early trading. UK bank shares slipped; Lloyds Banking Group went down by 3.5%5 and Royal Bank of Scotland lost 2.4%. Other stock markets in Europe also decreased.

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Thu, 17 Nov 2011 13:31:40 GMT

China plans to open 3rd natural gas pipeline by 2013

New China's West-to-East pipeline is planned to be opened in the end of 2013. It will carry more than 30 billion cubic meters of natural gas annually and will decrease China's energy pressure. The National Development and Reform Commission reported the yearly increase in natural gas imports is 86.5%. About a half of necessary amount of natural gas China imports from Central Asia that will

Thu, 17 Nov 2011 13:30:50 GMT

China continues its tightening policy

The People's Bank of China announced continuation of its prudent monetary policy aimed at slowing down exorbitant GDP growth and decreasing inflation rate. GDP in Q3 grew only by 9.1% as compared to more than 10% in previous years. CPI also went up only by 5.5% being the lowest since May. At the same the bank is ready to fine tune its monetary policy

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