European and Greek equity edges lower

Note: This section contains information in English only.
Source: Reuters
European stocks showed negative tendency on Wednesday morning, and Greek shares prolonged their sell-off following the victory of Syriza party on Sunday. Stocks of Piraeus Port Authority, the biggest port in Greece, dropped 8.3%, as the new government would block plans of privatisation. FTSEurofirst 300 index dipped 0.1% to 1,474.36 points.
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Wed, 28 Jan 2015 23:08:07 GMT

China cuts growth target to 7% for 2015

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.

Wed, 28 Jan 2015 22:46:06 GMT

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