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Standard & Poor’s on Thursday downgraded Japan’s sovereign debt for the first time in nine years, citing a growing budget deficit and aging population. The move was seen by some as a shot across the bow to other developed nations with growing debt burdens. The ratings agency trimmed Japan’s sovereign… Read More

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Investing Daily provides in-depth investment advice to help smart people achieve a secure and rewarding financial future. If you fit that description, our expert advisors would like to foster a long-term relationship with you…one that gives you the peace of mind and the financial returns you’re capable of… Read More

With Chinese President Hu Jintao now winding down his US visit with a trip to the Windy City, much of the news this week has been China related. Shanghai’s mayor announced that the city will implement a controversial property tax in order to slow rising prices and curb speculation in… Read More

China’s GDP grew by 10.3 percent in 2010, up from 9.2 percent the previous year, according to data released Thursday by the National Bureau of Statistics. The country’s economy expanded at a faster pace than many economists forecast, leading to widespread expectations that the country will aggressively tighten its monetary… Read More