China growth data point to possible 'tightening'

Date: Thursday, October 22, 2009

China growth data point to possible 'tightening'

China releases a batch of economic data indicating the economy
expanded at an accelerated rate in the third quarter, raising the
prospect that Beijing may begin to unwind its crisis-driven
expansionary policies by year's end.

CHINA CHARGING ON, NEWSLETTER REPORTS

Jim Trippon's well-argued newsletter reports from abroad: China, having
surmounted the Crash of 2008, is charging on.

FLAT U.K. RETAIL SALES SHORT OF EXPECTATIONS

British retail sales volumes fell short of expectations in September,
coming in flat compared to August.

AT&T PROFIT FLAT, BUT IPHONE SALES SOAR

AT&T Inc. posts a flat third-quarter profit, but sees another big surge in
wireless and iPhone customers.

TRAVELERS UPS OUTLOOK, DIVIDEND AS PROFIT SURGES

Travelers shares are a big gainer among the blue chips, rising as the
insurer increases its quarterly dividend 10%, adds $6 billion to its
share-buyback program, and lifts its outlook for operating earnings
for the year as third-quarter profit surges.