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  Friday, July 6, 2012
  Today
Philippines' credit rating on cloud nine
Standard & Poor's raised the nation's debt rating to the highest level since 2003, increased to a BB+ rating marking a nine-year high, making President Benigno Aquino's goal of attaining investment grade and spurring gains in bonds and the peso...
China PMI worsens to 7-month low
The world's second-largest economy's factory downturn worsened in June as a key activity index hit a seven-month low, data expected to raise expectations the central bank may seek more policy easing...
French taxes take steep hike
In order to plug revenue shortfalls this year caused by flagging economic growth, France's new Socialist government announced tax rises worth 7.2 billion euros...
Greek economic mood mopes
Sentiment on Greece's debt-laden economy fell to a seven-month low in June, with manufacturing and construction sectors hit worst...
  Featured Article
Cautionary tale
Exchange traded funds (ETFs) are growing fast globally, Deborah Fuhr, a Partner with ETF consultancy ETFGI voices current market trends. Net assets stood at US$1.5 trillion in April 2012, a slight decline in March caused by market moves rather than net outflows. Year to date assets increased by 13.1% and net inflows in April were US$2 billion...
  Gallery
  Events
  Most Read in the past 7 days
HKIFA sets standard for Asian fixed income market
The seven points denoted in HKFIA's best practices list will help promote an established bar for future corporate entities and other emerging Asian nations to strive for...
EU oil sanctions finally take toll on China
Millions of barrels of Iranian crude are at risk as disputes between refining giant Sinopec and shipper National Iranian Tanker Co (NITC) fail to find a solution...
Indian growth stumped by poor governance
Global Economist Andre Kenningham of Capital Economics said the Indian economy is unlikely to recover from the current slump in the near future, at least until 2014 general elections as growth continues to be hampered by weak governance, lack of reforms and policy paralysis...
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