World Week Ahead Dark clouds over China

Sun, 09 Mar 2014

By Margreet Dietz March 10 (BusinessDesk) – The Standard & Poor’s 500 Index starts the week at a record as investors breathed a sigh of relief when the latest US jobs data finally provided evidence of an ongoing recovery in the world’s largest economy but clouds are darkening over China. The US government’s February payrolls report, released on Friday, showed employers added 175,000 jobs, a more generous amount than had been predicted by economists, while January’s jobs gain was revised up. The unemployment rate rose to 6.7 percent, from 6.6...

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