May 12th, 2009 - Bloomberg
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May 12 (Bloomberg) -- The euro approached a seven-week highagainst the dollar on speculation European Central Bankofficials will signal they plan to keep interest rates on hold,maintaining the allure of assets in the 16-nation region.
Europe’s single currency also gained after a Chinesegovernment report showed urban fixed-asset investment rose atthe fastest pace in more than two years, spurring demand forhigher-yielding assets. The dollar fell for a third day againstthe yen after General Motors Corp. said yesterday it’s moreprobable than previously thought the largest U.S. automaker willneed to file for bankruptcy court protection.
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China's Factory Output Grows Less-Than-Estimated 7.3%
May 12th, 2009 - Bloomberg
May 13 (Bloomberg) -- China’s industrial production grewless than economists estimated in April as electricity outputfell and exports tumbled. Retail sales climbed. Output rose 7.3 percent from a year earlier...
INSTANT VIEW 2-China Jan-April urban investment up 30.5 pct
May 11th, 2009 - Forbes
BEIJING, May 12 (Reuters) - The pace of Chinese fixed-asset investment growth in urban areas quickened to 30.5 percent in the first four months of this year as the government's 4 trillion yuan ($585 billion) economic stimulus plan gathered momentum.
China Manufacturing Rebounds on Investment, CLSA Says
May 3rd, 2009 - Bloomberg
May 4 (Bloomberg) -- Chinese manufacturing expanded for thefirst time in nine months after investment surged and declinesin export orders moderated, according to a survey by CLSA Asia-Pacific Markets.
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