People's Bank of China (PBoC) Tuesday drained 2 billion yuan from the money market despite banks' reported call for cash injection, suggesting regulators are keen to keep liquidity tight amid growing jitters of China's financial risks.
Standard & Poor's Ratings Services, one of the world's largest credit rating agencies, revised U.S. outlook on the long-term rating to stable from negative on Monday, based on the strengths of the U.S. economy and monetary system.
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