CHINA

World Bank Board Opts for another American as New Chief

China’s GDP Growth May Fall To 7.7% From 9.3%: World Bank

Growth in the gross domestic product of the world’s second-largest economy may drop by a sizable 1.6 percentage points between 2011 and 2012, according to the World Bank’s “East Asia and Pacific Economic Data Monitor” released in Singapore on Monday.
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Traders work on the floor of the New York Stock Exchange

Growth Optimism Lifts US Stock Futures

The U.S. stock index futures point to a higher open Thursday as market sentiment was buoyed by the optimism that the economy is strengthening and monetary easing measures will further bolster the economic growth momentum.
Traders work on the floor of the New York Stock Exchange

Spain Concerns Weigh Down US Stock Futures

The U.S. stock index futures point to a lower open Wednesday as market sentiment continue to be weighed down by fears of the mounting debt pressure faced by the euro zone as Spain has not yet sought help to reduce its borrowing costs.

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