CHINA

US Stock Index Futures Point To Lower Open

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Stock index futures pointed to a slightly lower open on Wall Street on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 down between 0.1 percent and 0.2 percent at 6:47 a.m. EDT (1047 GMT).

HSBC Plans To Sell Yuan Bonds Listed In London

HSBC bank branch logo is seen in central London
HSBC Holdings PLC is planning to sell yuan-denominated bonds listed on the London Stock Exchange, a move that will make the City the first place outside mainland China or Hong Kong to do business in the currency.
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IMF Inches Toward Deal On Boosting Firepower

The International Monetary Fund on Tuesday appeared to be inching toward a deal on boosting its financial firepower with Japan, Sweden and Denmark committing a total of $77 billion to help contain the euro zone debt crisis.
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World economy fragile, faces uneasy calm: IMF

Global growth is slowly improving as the U.S. recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday.
British Businessman Neil Heywood

Cameron Urges China To Properly Investigate Heywood Death

UK Prime minister David Cameron is pushing China for a proper investigation of the death of British expatriate, Neil Heywood, which is at the center of a political scandal in China involving disgraced party boss Bo Xilai and his wife Gu Kailai.
IMF raises its GDP growth forecast for the U.S.

IMF Increases US Economic Growth Forecast

The International Monetary Fund on Tuesday raised its projection of growth in the U.S. gross domestic product to 2.1 percent this year and 2.4 percent next year, from 1.7 percent in 2011.
China Construction

European Debt Concerns Weigh on China’s FDI

Foreign direct investment (FDI) into China continued to fall for the fifth consecutive month in March, as concerns over European sovereign debt crisis curbed investments by companies in the world’s second largest economy.
North Korea

North Korea Refuses To Allow IAEA Monitors, Says It Will Launch Another Rocket With Satellite

North Korea will not allow the International Atomic Energy Agency's inspectors to examine the country's nuclear program, in retaliation to the UN's tough stand against its rocket launch.According to Japanese media, Pyongyang went a step further and said it will continue with its satellite program and will launch another rocket with a satellite in the next five years, The Telegraph reported.

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