Bloomberg News

European Stocks Extend Losses After China Raises Interest Rates

July 06, 2011

July 6 (Bloomberg) -- European stocks extended their losses as China’s central bank raised benchmark deposit and lending rates by 25 basis points effective tomorrow.

The Stoxx Europe 600 Index slid 0.4 percent to 274.65 at 11:35 a.m. in London.

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net


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