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This is Money
The Chinese National Bureau of Statistics said the growth in gross domestic product had slipped back from 6.8 per cent in the final quarter of last year. However, the figure was slightly higher than expected and some economists detected the beginnings of an upturn in economic activity due to the Chinese government's 400bn fiscal stimulus package and a dramatic increase in bank lending.
Chinese economy grows at slowest pace since records began
Fears that recession will tip the US economy into a destructive bout of Japanese-style deflation grew sharply today after America's headline inflation sank into negative territory for the first time in half a century.
Deflation sparks new fears for American economy
The fledgling recovery in the US housing market appears to have stalled, reducing the chance of President Barack Obama's "glimmers of hope" turning into green shoots any time soon.
US housing data puts Obama's hopes on hold
The March stock market rally that fuelled hopes of a broader economic recovery was deceptive because real money investors remained on the sidelines, said the chief executive of NYSE Euronext, the worlds largest stock exchange.
NYSE chief cautions on March rally
Nine of Britain's biggest building societies, holding billions of pounds of customer deposits between them, have had their credit ratings cut to near "junk" status.
Moody's slashed mutuals' ratings in mass downgrade
Retail sales rose by a better-than-expected 0.6pc in March, compared with the same month last year, helped by warmer weather and higher food sales according to the latest survey.
Food and clothing drive retail sales up
The modest recovery staged by world stock markets in recent weeks may mark the beginning of a new bull market for equities, one of the UK's best-known hedge fund managers said yesterday.
Odey hails the return of a bull market
Hard money enthusiasts have long watched for signs that China is switching its foreign reserves from US Treasury bonds into gold bullion. They may have been eyeing the wrong metal.
A 'Copper Standard' for the world's currency system?