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	<span style="font-size: 12px;">US home prices have seen their biggest annual rise since 2006, a closely-watched survey suggests. The Standard &amp; Poor’s/Case Shiller index, which monitors single-family home prices across 20 cities, rose 12.1% in April compared to the same month last year. The jump, due to increasing demand and a shortage of supply, was bigger than many analysts had been expecting. (Agency)</span></p>
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	<strong>Fed Hints of Ending Asset Purchases</strong><br />
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	Gold rose 1.3 percenton Friday, rebounding from nearly a three-year low earlier, but for the week it still dropped the most in nearly two years after the U.S. Federal Reserve’s most explicit indication to end its stimulus sparked a global market rout. Spot gold closed up 1.3 percent at $1,291.60 an ounce after having earlier hit its lowest since September 2010 at $1,268.89 an ounce. (Agency)<br />
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	<strong>UK banks Told to Plug £27bn Hole</strong><br />
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	<strong>China’s Manufacturing Slows Further</strong><br />
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View::_renderElement() - CORE/Cake/View/View.php, line 1224
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Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 60]
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	<strong>Facebook Reaches 1 mn Advertisers Globally</strong><br />
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	Facebook Inc said on Tuesday that it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world’s No 1 social network. (Agency)<br />
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	<strong>Gold Recovers After Market Rout</strong><br />
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	Gold rose 1.3 percenton Friday, rebounding from nearly a three-year low earlier, but for the week it still dropped the most in nearly two years after the U.S. Federal Reserve’s most explicit indication to end its stimulus sparked a global market rout. Spot gold closed up 1.3 percent at $1,291.60 an ounce after having earlier hit its lowest since September 2010 at $1,268.89 an ounce. (Agency)<br />
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	<br />
	<strong>UK banks Told to Plug £27bn Hole</strong><br />
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	UK lenders need to raise billions more in capital to cover their risks, according to their financial regulator. The Prudential Regulation Authority (PRA) says Britain’s top banks and building societies need to fill a £27.1 billion hole in their balance sheets. Royal Bank of Scotland was the regulator’s main cause of concern, accounting for £13.6 bn of the total. Lloyds Banking Group accounted for £8.6bn and Barclays £3bn. Nationwide had a shortfall of £400m. (BBC)<br />
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	<strong>China’s Manufacturing Slows Further</strong><br />
	<br />
	China’s manufacturing activity weakened further in June, falling to a nine-month low as demand fell, according to a preliminary survey by HSBC. The bank’s Purchasing Managers’ Index (PMI) declined to 48.3, from May’s reading of 49.2. A reading below 50 indicates a contraction. The weak data comes amid fresh concerns over the health of Chinese economy, the world’s second-largest. (Agency)<br />
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Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
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	<strong>Fed Hints of Ending Asset Purchases</strong><br />
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	<strong>Facebook Reaches 1 mn Advertisers Globally</strong><br />
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	Facebook Inc said on Tuesday that it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world’s No 1 social network. (Agency)<br />
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Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity &quot;&quot; [APP/View/Elements/side_bar.ctp, line 133]
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			'description' => 'China’s stock markets scored their biggest gains in two months on Friday',
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			'title' => 'Coke To Market First ‘Natural’ Mid-Calorie Drink',
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	<span style="font-size: 12px;">Coca-Cola Co announced plans on Wednesday to introduce a cola that is sweetened with sugar and the naturally occurring, no-calorie sweetener stevia, the latest move in the high-stakes race to turn around the soda industry. Coca- Cola Life will have about half the calories of regular Coke. It will go on sale this week in Argentina. (Agency)</span></p>
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			'description' => 'Coca-Cola Co announced plans on Wednesday to introduce a cola that is sweetened with sugar..',
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			'title' => 'US Home Prices See Biggest  Rise Since 2006',
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	<span style="font-size: 12px;">US home prices have seen their biggest annual rise since 2006, a closely-watched survey suggests. The Standard &amp; Poor’s/Case Shiller index, which monitors single-family home prices across 20 cities, rose 12.1% in April compared to the same month last year. The jump, due to increasing demand and a shortage of supply, was bigger than many analysts had been expecting. (Agency)</span></p>
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			'description' => 'US home prices have seen their biggest annual rise since 2006, a closely-watched survey suggests.',
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			'title' => 'Standard And Poor’s Lifts US Credit Outlook',
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	<img alt="" height="112" src="https://lh3.googleusercontent.com/8WSG6Ba4GIH0iqAKFTYedDKnEmfxCvJ3t6YDDB02_Ts=w149-h112-p-no" width="149" /><br />
	Rating agency Standard and Poor’s has raised its credit outlook for the US economy from negative to stable. In August 2011, S&amp;P downgraded the US rating one notch from AAA to AA+, but now believes further downgrades are less likely as the economy continues to recover. (Agency)<br />
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			'title' => 'News In Brief (24 - 30 June 2013)',
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			'content' => '<p>
	<strong>Fed Hints of Ending Asset Purchases</strong><br />
	<br />
	The US Federal Reserve has maintained the rate of its asset purchase programme at $85bn a month, but could start scaling it back soon.It also kept interest rates at a record low range of between zero and 0.25%. Fed chairman Ben Bernanke said on Wednesday that if the central bank’s forecasts were correct, it could begin slowing asset purchases by the end of 2013 and wind them down completely by the middle of 2014. (Agency)<br />
	<br />
	<img alt="cocacola" border="1" height="107" hspace="10" src="http://www.newbusinessage.com/images/thecorporate/cococola.jpg" vspace="10" width="150" /><br />
	<br />
	<strong>Facebook Reaches 1 mn Advertisers Globally</strong><br />
	<br />
	Facebook Inc said on Tuesday that it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth. A vast majority of those advertisers are small business owners who have flocked to the world’s No 1 social network. (Agency)<br />
	<br />
	<br />
	<img alt="" src="http://www.newbusinessage.com/images/thecorporate/gold.jpg" /><br />
	<br />
	<strong>Gold Recovers After Market Rout</strong><br />
	<br />
	Gold rose 1.3 percenton Friday, rebounding from nearly a three-year low earlier, but for the week it still dropped the most in nearly two years after the U.S. Federal Reserve’s most explicit indication to end its stimulus sparked a global market rout. Spot gold closed up 1.3 percent at $1,291.60 an ounce after having earlier hit its lowest since September 2010 at $1,268.89 an ounce. (Agency)<br />
	<br />
	<br />
	<strong>UK banks Told to Plug £27bn Hole</strong><br />
	<br />
	UK lenders need to raise billions more in capital to cover their risks, according to their financial regulator. The Prudential Regulation Authority (PRA) says Britain’s top banks and building societies need to fill a £27.1 billion hole in their balance sheets. Royal Bank of Scotland was the regulator’s main cause of concern, accounting for £13.6 bn of the total. Lloyds Banking Group accounted for £8.6bn and Barclays £3bn. Nationwide had a shortfall of £400m. (BBC)<br />
	<br />
	<img alt="ukbanks" border="1" height="80" hspace="10" src="http://www.newbusinessage.com/images/thecorporate/china.jpg" vspace="10" width="150" /><br />
	<br />
	<strong>China’s Manufacturing Slows Further</strong><br />
	<br />
	China’s manufacturing activity weakened further in June, falling to a nine-month low as demand fell, according to a preliminary survey by HSBC. The bank’s Purchasing Managers’ Index (PMI) declined to 48.3, from May’s reading of 49.2. A reading below 50 indicates a contraction. The weak data comes amid fresh concerns over the health of Chinese economy, the world’s second-largest. (Agency)<br />
	<br />
	<br />
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			'created' => '2013-06-25',
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