Market News

The MSCI Asia Pacific Index gained 2.3% to 123.75 on mid trading session in Tokyo on Friday. Index showed a positive performance for seven consecutive trading sessions and added 3.9% during this week, >>

Japan's economy faces troubles in economic growth as in the second quarter GDP increased only 0.7% after 5.3% economy expansion in the first three months. Analysts say that Japan's economy might shrink >>

One of the leading credit rating agency Standart & Poor's increased its long-term credit rating on South Korea. Agency changed rating to A+/AA from A/A+, also increasing county's outlook to stable. According >>

German equities halted previous rally on Thursday ahead of the FOMC report indicating future actions of the Fed. Experts expect the Fed to embark on QE3. Even rising optimism over >>

UK stocks are slightly higher ahead of the FOMC statement due later in the day.  Traders expect the Fed to announce asset-purchasing program to boost faltering economy. Strong US and >>

Hong Kong shares retreated on Thursday ahead of the FOMC press conference due later in the day. Recent comments of the China's Premier hinting on likelihood of stimulus measures failed >>

Japanese equities moved higher ahead of the FOMC meeting results. Persistent speculation that the POBC will loosen its prudent monetary policy also supported Japan's stocks. The Nikkei 225 Index moved >>

South Korea has unveiled its second stimulus plan in four days, in order to revive nation's economy. Today's announcement involves plans for the central bank to inject 1.5tn won ($1.3bn) into the banking >>

According to the Labor Department, the Producer Price Index rose 1.7% in August,above estimates for a 1.4% increase, as energy prices soared 6.4%. On a yearly basis, the producer price index rose >>

The number of people who filed unemployment benefit claims in the U.S. last week rose more than expected, the U.S. Department of Labor said on Thursday.  Applications for U.S. jobless benefits jumped by >>

The Bank of England published its 2012 Q3 issue of the Quarterly Bulletin today, saying it expects the inflation rate to be much more volatile in the coming years than it has >>

The Swiss National Bank left the target range for the three-month Libor rate unchanged at 0.0-0.25% on Thursday, in line with analysts' expectations.  Moreover, the SNB trimmed its growth forecast. Bank expects an >>

Irish EU harmonized inflation advanced for the second consecutive month in August, the Central Statistical Office said on Thursday. The HICP surged to 2.6% from 2% in July. The index >>

Italian EU harmonized inflation slowed more than initially measured in August, Istat posted the final data on Thursday. The HICP rose 3.3% on a yearly basis, lower than preliminary estimate >>

Oil futures advanced on Thursday in European trading hours, before the outcome of a two-day monetary policy meeting in U.S. October-delivery crude inched 16 cents higher to $97.17 per barrel >>