China effectively started price controls, moments after posting the Red hot PPI since Lehman, with China's economic planning agency committing to raise supply of important consumer items to stabilize prices, according to a statement on the NDRC website on a…
Continue ReadingInvestors welcomed the latest indication of a durable recovery in global economies, and rising oil prices buoyed energy equities, sending stock indexes near record highs on Wednesday. However, traders were less upbeat than on Tuesday as they awaited critical U.S.…
Continue ReadingOn Monday, world equities were on track to notch their fourth month of gains, but the greenback struggled widely ahead of a flood of European and American data this week that will provide a fuller view of the global economy's…
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