Asian shares face choppy session on Tuesday

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Source: Marketwatch
Asian equities followed their European and US peers and mostly traded lower on Tuesday as Dutch PM resigned and Japanese Yen appreciated. Shanghai Composite Index traded flat, Japanese Nikkei Stock Average slipped 0.8%. South Korea's Kospi slipped 0.5% while Australia's S&P/ASX 200 index climbed 0.2%. Hong Kong's Hang Seng also managed to gain and finished 0.3% up.  
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Tue, 24 Apr 2012 10:12:28 GMT

Spanish mortgages fell more than 50% in February

Spanish mortgage loans plunged in February. The number of housing mortgages dropped 47.1% on yearly basis while the amount of money provided for housing fell 54.8%, National Statistics Office reported on Tuesday. On monthly basis the number of home loans sank 9.4% while capital loaned tumbled 15.4%.

Tue, 24 Apr 2012 09:50:27 GMT

UK March budget deficit larger than predicted

Great Britain reported a bigger than expected budget deficit in March, undermining the efforts of policy makers to reduce borrowing. Net borrowing when excluded backing for lenders climbed to GBP 18.2 billion (USD 29.4 billion) from  GBP 18.0 billion a year ago. The analysts questioned by Bloomberg predicted the gap to narrow to GBP 16.0 billion. Spending increased 4.2% while tax income added

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