- China factory activity hits nine month low, policy action eyed Reuters
China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening the risk of a sharper second quarter slowdown and increasing the heat on the central ...
- Britain, France face EU action over high Eurostar charges Reuters
The European Commission has given France and Britain two months to respond to a request to lower charges for passenger and freight trains to use the Channel Tunnel, or face possible court action, it said ...
- Bernanke says Fed likely to reduce bond buying this year Reuters
Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. Bernanke's ...
It may not happen today or even this year, but at some point the Fed is going to either reduce its quantitative easing program or stop it entirely.






