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Mainland Chinese shares saw their biggest loss in almost a month a day after Premier Wen Jiabao lowered the country's economic growth target to 7.5 per cent from 8 per cent.

 
 
Unemployment in the 18-24 age group is forecast to be around 850,000, with a jobless rate of 23 per cent in the last quarter of this year.
The World Bank has promised the selection process will be "merit-based and transparent" and open to candidates from its 187 member nations.
The leaders hope the accord, known as the fiscal compact, will also lead the way toward closer political and economic integration in the eurozone.
Apple's market capitalization topped $500 billion on Wednesday. It is the sixth U.S. corporation to reach the $500 billion milestone.
 
 
China for the first time in seven years projected a lower growth, scaling down its GDP growth target to 7.5 per cent this year from last year's 8 per cent.
Japan's Nikkei 225 index fell 0.5 per cent to 9,731.82 and South Korea's Kospi dropped 1 per cent to 2,014.16. Hong Kong's Hang Seng lost 1.1 per cent to 21,319.32.
January joblessness rose 1 per cent to more than 2.3 million over the same month in 2011 and was up 0.2 per cent from December.
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