More reports on the interest rates

New York Times had an article entitled Markets calm after China rate rise): “Mainland Chinese stock markets dropped less than 2 percent on Friday as most Asian financial markets reacted with surprising calm to the Chinese central bank’s announcement late on Thursday of its first increase in interest rates in nine years. ”

On the same topic, Washington Post: “China Touches the Brakes With Higher Interest Rates.”

Financial Times: “China’s rate increase shakes global markets.”

Xinhua: “China’s interest rate hike necessary, but not sufficient.”

AFP: “European stocks struggle after China’s rate hike.”

AP: “Oil Prices Ease Further Amid China Moves.”

Asia Times: “China’s rate hike could hurt Korean exports

Bloomberg: “Japanese Stocks Decline, Paced by Nippon Steel on China Rates.

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