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China's central bank announces interest rate reform
China's central bank announced interest rate reform. The central bank of China, the People's Bank of China (PBOC), announced that the floor on commercial banks' lending rates was removed.
RealtyTrac: Home flipping profitable but tapering off in markets with distressed bargains
According to RealtyTrac, home flipping was profitable but tapering off in markets with distressed bargains.
RetailMeNot prices IPO at US$21 per share
RetailMeNot priced its IPO at US$21 per share. The largest digital coupon marketplace in the world, RetailMeNot, announced the price of its shares that were up for grabs in its initial public offering.
Mandela given hi-tech gift on 95th birthday
Nelson Mandela received one of South Africa's smart ID cards as present for his 95th birthday. The ailing former South African president Nelson Mandela received quite an unusual gift for his 95th birthday.