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China central bank ready for more aggressive tightening
Media Release
Jul. 13, 2006

A new round of tightening measures in China is imminent, economists said on Thursday, following confirmation that the already rapidly growing economy has accelerated in recent months along with rising exports, investment and lending.

 

 


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China central bank ready for more aggressive tightening
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A new round of tightening measures in China is imminent, economists said on Thursday, following confirmation that the already rapidly growing economy has accelerated in recent months along with rising exports, investment and lending.
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Six airports of Germany's Fraport achieved 7.6% growth in passenger traffic to 33.9 million in June
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German generic drugmaker Stada Arzneimittel sells its U.S. subsidiary Stada Inc. to Dava Pharmaceuticals for around $40 million
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The benchmark Israeli stock-market index, the TA-25, dropped 4.4% in Tel Aviv on Middle East tensions
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European shares opened to the downside and are eccelerating downwards fast
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The U.K. FTSE 100 index lost 0.7% at 5,818, the German DAX Xetra 30 index declined 1.3% at 5,563 and the French CAC-40 index declined 1.1% at 4,885.
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