Italian 3-year borrowing costs hit high since March

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Source: Reuters
Italian three-year debt costs advanced to the highest level since March on Thursday, after worries that the Fed could soon scale back its stimulus which curtails demand for riskier assets. Rome auctioned three-year notes worth of 3.42 billion euros at 2.38%, up from 1.92% it paid on sale in the middle of May.
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Thu, 13 Jun 2013 14:46:04 GMT

China shares drop to lowest level in 6 months following holiday amid economy

Chinese shares declined following a three-day holiday, pushing the benchmark index to the lowest level in six months, after government data indicated industrial output and overseas sales trailed economists expectations. The Shanghai Composite Index fell 2.8% to 2,148.36, the weakest since December 13 and the CSI 300 Index retreated 3.4% to 2,399.94.

Thu, 13 Jun 2013 15:01:13 GMT

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