IBT Staff Reporter

17581-17610 (out of 154954)

China Defence Spending Rise To Outpace GDP Target This Year

China will spend 7.1% more on defence this year, outpacing last year's spending hike and the government's modest economic growth forecast as Premier Li Keqiang seeks to safeguard the country's sovereignty, security and development interests.

China Targets Slower Economic Growth As Headwinds Gather

China on Saturday targeted slower economic growth of around 5.5% this year as headwinds including an uncertain global recovery and a downturn in the country's vast property sector cast a pall on the world's second-largest economy.

Argentina Bonds Sink In Snub To $45 Billion IMF Deal

Argentine sovereign bonds tumbled some 2.3% on Friday, a day after the government struck a $45 billion staff-level agreement with the International Monetary Fund, a painful reminder that investors remain wary of the country's economic outlook.

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