World stocks mixed on China pol­icy

The Pak Banker - - International3 -

BANGKOK: Global stocks were mixed Fri­day ahead of U.S. em­ploy­ment fig­ures and af­ter China in­di­cated it will raise in­ter­est rates as it guides rapid growth in the world's No. 2 econ­omy to a sus­tain­able level. Oil prices hov­ered near $88 a bar­rel, with losses tem­pered by hopes of stronger de­mand for crude and Europe's progress in con­tain­ing its debt cri­sis. In cur­ren­cies, the dol­lar was down against the yen and the euro. -Ap

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