A round-up of the key stories across the specialist financial media, including news that ECB governor Mario Draghi is confident his strategy to tackle the European debt crisis is working
The Chinese forestry company has postponed a default on its $1.8 billion of bonds after a core group of bondholders agreed to temporarily waive its right to force the company into bankruptcy.
Dip in China’s FX reserves might hasten policy shift
China’s official reserves dropped to $3.18 trillion in the final quarter of 2011, suggesting that the days of heavy export-led accumulation of foreign currency may be over.
