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Chinese Foreign Minister Yang Jiechi on Thursday expressed confidence that his country's economy could reach an eight percent growth target this year. "We believe that given the tremendous efforts of the Chinese

Chinese Foreign Minister Yang Jiechi on Thursday said Beijing believed giving developing nations more weight in global financial bodies would be a key element of the G20 summit in Pittsburgh in September.

Investment banking helped Credit Suisse beat second-quarter profit forecasts on Thursday, despite accounting charges and one-off items as the bank continues to cut its balance sheet and win market share. Credit Suisse

Asian stocks edged up on Thursday led by energy shares, and looked set to test the previous session's 10-month high, though investors wondered if upward momentum from corporate earnings reports justified increasingly

Bulgaria's Baa3 government bond ratings and stable outlooks are supported by its government's firm fiscal position and low debt burden, but constrained by prospects of a difficult recession and the institutional weaknesses

The outlook for the European steel industry is negative, reflecting weak demand that is not likely to improve until well into 2010, as well as depressed steel prices that are not likely

The outlook for Spanish regions is negative due to increasing budget pressures stemming from decreasing tax revenues, Moody's Investors Service said in a new report. Combined with the regions' difficulties in reducing

World stocks backed away from nine-month highs on Wednesday as worse-than-expected euro zone industrial figures and a warning about rising unemployment from U.S. Federal Reserve Chairman Ben Bernanke broke a seven-day winning

Morgan Stanley (MS.N) reported its third consecutive quarterly loss on Wednesday as earnings were saddled with a charge related to repaying a government bailout. The New York-based firm swung to a loss