China cuts growth target to 7% for 2015

Note: This section contains information in English only.
Source: Reuters
China is going to lower the growth target to 7% for the current year. Policy-makers are trying to stimulate weak growth, create more working places, and introduce the needed reforms. This is the most humble goal since 2004. The announcement is expected to be made in March by Premier Li Keqiang at the annual parliament meeting session.
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Wed, 28 Jan 2015 23:19:06 GMT

Singapore Dollar falls as the central bank shocks the market

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Wed, 28 Jan 2015 22:57:04 GMT

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