Chinese economy can grow as little as 6.5%

Note: This section contains information in English only.
Source: Bloomberg
China's Finance Minister said that the second-largest economy in the world might expand less than authorities targeted. The government set a target of 7.5% in March, while currently it is expected that the economy will grow 7% this year. The Finance Minister said he is confident that 7% expectations will be met, however, noted that the economy might grow as little as 6.5%
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Fri, 12 Jul 2013 07:57:06 GMT

Pound is heading towards weekly gain against Dollar

The British Pound is heading towards the first weekly increase against the U.S. Dollar in a month, before U.K. construction data, which is expected to show that the construction industry shrank 2.8%. The Sterling was virtually unchanged today at $1.5169, while it has appreciated 1.9% so far this week, the most since June 7. The currency rose 1.1% yesterday.

Fri, 12 Jul 2013 07:35:08 GMT

Treasuries rise after Bernanke's speech

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