- US, European optimism up, Asia wary of stimulus
- NY Fed index shows factories almost out of slump
- Bank of Japan extends business funds only for 3 months
- People's Bank of China makes small move to tighten policy
- Stocks rise for third day on strong U.S. results
- UK jobless at highest since January 1997
Reuters 16 July 2009
China's economy grew at an annual rate of 7.9% between April and June, up from 6.1% in the first quarter of the year, the latest official figures have shown.
The US economy will sink at a slower pace than previously thought in 2009, thanks to a rebound in the second half of the year, the Federal Reserve says.
The ex-US Treasury Secretary has admitted telling the Bank of America boss he might lose his job if he walked away from a merger from Merrill Lynch.
BBC Business News 16 July 2009
Weather here in Malta hot again at 34 degrees with a UV of 9 , also The Open golf starts today at Turnberry in Scotland , weather good for the opening day with Tiger Woods looking to win for the fourth time.
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