European Stocks Pare Gains as China Raises Bank Reserve Ratio

June 14, 2011, 3:42 AM EDT

By Andrew Rummer

June 14 (Bloomberg) -- European stocks pared their advance as China increased reserve requirements for its banks. The Stoxx Europe 600 Index gained 0.7 percent to 270.45 at 8:23 a.m. in London, having ealier climbed 0.9 percent.

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

Source: http://rss.businessweek.com/~r/bw_rss/europeindex/~3/vyWjNKZN1ho/european-stocks-pare-gains-as-china-raises-bank-reserve-ratio.html

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