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U.S. Federal Reserve Chair Janet Yellen indicated on Friday that it was poised to raise rates this year if the economy keeps improving as expected, though a raft of recent data has suggested it is growing only modestly in the second quarer. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.3 percent, off earlier lows as shares in China rallied after Beijing said it is seeking private funding for over $300 billion worth of public projects. The National Development & Reform Commission on Monday unveiled the list of 1,043 public-private partnership (PPP) projects on its website, in the latest effort by the government to reinvigorate China's flagging economy.
UEFA president Michel Platini has thrown his weight behind Jordan's Prince Ali bin al Hussein in his bid to unseat Sepp Blatter as the head of football's world governing body FIFA. In an interview on Monday with L'Equipe newspaper, the French midfield legend turned football administrator said that Blatter had lied to him four years ago when saying that his current fourth mandate would be his last. "He asked us face to face to support him for what would be his last mandate," said Platini, a former ally of Blatter who has increasingly turned against the Swiss chief.