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UPDATE: Sweden Surprises With Rate Cut; Offers New Liquidity
Published July 2, 2009, 1:39 am, The Forex Market
(Adds detail, market reaction and analyst comment.) STOCKHOLM (Dow Jones)--Sweden's central bank delivered yet another surprise Thursday, halving its key rate for third consecutive decision to a fresh record-low 0.25% due to continued economic fraility.
China's first IPO in 10 mths 584 times subscribed
Published June 30, 2009, 7:02 am, Reuters via Yahoo! Asia News
SHANGHAI, June 30 (Reuters) - Drugmaker Guilin Sanjin Pharmaceutical Co's <002275.SZ> initial public offering, China's first in 10 months, was 584 times subscribed for the key retail portion, the lead underwriter said on Tuesday.
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