Fears As China Tightens Monetary Policy ; Daniel Van Leempoel Brewin Dolphin
The Journal › January 13, 2010
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Summary
YESTERDAY the UK's top index took fright following news that China has raised the amount that its banks are required to hold in reserve - an indication that the third-largest economy by GDP is beginning to tighten its monetary policy.
The news drove the mining and banking sectors down over concerns there may be further developments on this point. The FTSE 100 Index ended the session 39.4 points down at 5498.7.See the full content of this document
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Fears As China Tightens Monetary Policy ; Daniel Van Leempoel Brewin Dolphin
Tesco shares gained ground yesterday, rising 0.75% to 421p, following...
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