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View Full Version : Asian Stocks, Commodities Drop on Inflation Concern - Bloomberg



NewsWhore
05-11-2011, 10:40 PM
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Asian Stocks, Commodities Drop on Inflation Concern (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFjMRe4N0_ZQUTLK5aBZ0pVBqJNCA&url=http://www.bloomberg.com/news/2011-05-12/asia-stocks-drop-as-commodities-tumble-amid-china-inflation-policy-concern.html)
Bloomberg
Consumer prices in China rose 5.3 percent from a year earlier and banks extended 740 billion yuan ($114 billion) of local-currency loans, according to reports yesterday from the statistics bureau and central bank. Inflation is “the most pressing ...

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