Wednesday, June 20, 2007

UPDATE 1-US' Paulson sees world support for China yuan move

(Reuters) - "Europe's trade deficit with China is growing twice as fast
as ours. The rest of the world's deficit with China is growing
faster than ours. This issue is a global issue," Paulson said.




Asked about Merrill Lynch's seizure of assets from
two hedge funds troubled by subprime loan-related losses,
Paulson declined to comment directly on the case, but said he
thought there would likely be more investor losses related to
subprime loans.


Read more at Reuters.com Bonds News

No comments: