Monday, June 24, 2013

Reuters: Money News: China central bank relaxes grip on money market

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
China central bank relaxes grip on money market
Jun 25th 2013, 05:17

SHANGHAI (Reuters) - Chinese stocks extended losses to more than 10 percent this week as investors worried about banks' ability to access cash after a week-long squeeze in money markets, even as the central bank relaxed its tight grip to let interest rates fall.

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