Markets

Chinese shares higher in morning trade

Published Updated

The Shanghai Composite Index, which covers both A and B shares, was up 9.95 points at 2,390.17.

The IMF could bail out Italy with up to 600 billion euros ($800 billion), an Italian newspaper reported on Sunday, as Prime Minister Mario Monti came under pressure to speed up austerity measures.

Copyright AFP (Agence France-Presse), 2011