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European economy unlikely to experience quick rebound
The outlook for a quick rebound in the European economy is weak.
Assets in Shariah-compliant funds fall
Mutual funds and discretionary assets that comply with Shariah, or Islamic law, fell to $65 billion at the end of the third quarter.
Global institutional investors take heart
Confidence among global institutional investors rose this month, but was weak on the home front, according to a survey.
Brawny euro’s interest rate holds steady
The European Central Bank held its key interest rate at 4%, while The Bank of England cut interest by a quarter-point.
The new China syndrome is soaring stock prices
Recent recalls of Chinese products, including poisonous pet food and toys coated in lead paint, are having little effect on red-hot Chinese stocks.
