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World Bank cuts China forecast, urges measured policy

That European banks provide about a third of trade and project finance in Asia may further stress developing nations during a euro crisis, the bank said, as firms pull investment to repatriate cash back to Europe to meet higher capital ratios.

World Bank Cuts China Forecast, Urges Measured Policy

That European banks provide about a third of trade and project finance in Asia may further stress developing nations during a euro crisis, the bank said, as firms pull investment to repatriate cash back to Europe to meet higher capital ratios.

US money funds tip-toe back into France and Germany

One strategist believes this flow of cash into Europe is likely to reverse course again this month. "I think the move back into the European banks may be premature by the prime funds. They must be contemplating moving back out because of concerns in ...