U.K. shares decline ahead of U.S. durable-goods data

Note: This section contains information in English only.
Source: Bloomberg
U.K. shares declined before the U.S. durable-goods and housing reports and on the political situation in U.S. as the officials discuss the budget. The FTSE 100 Index fell 0.3% to 6,551.92 as of 11:42 a.m. London time, paring 0.3% gain; however, the gauge has gained 2.2% in September. The FTSE All-Share Index slid 0.3%, while Ireland's ISEQ Index fell 0.1% today.
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Wed, 25 Sep 2013 13:12:03 GMT

Switzerland's shares are little changed

Shares in Switzerland were little changed, after retreating for two straight days, as U.S. durable-goods and housing data were awaited by investors. The Swiss Market Index slid 0.1% to 8,041.63 as of 12:14 p.m. Zurich time, paring gains of 0.4%; however, the gauge has gained 3.8% monthly. The Swiss Performance Index declined less than 0.1%.

Wed, 25 Sep 2013 12:50:03 GMT

Japan will have to raise VAT to pay for debts

Japan's government will have to increase the VAT tax rate substantially by 2020 Olympic Games, as the country's external debt exceeds 200% of GDP, while the aging population will ask for more welfare costs. Analysts estimate that VAT surge to 20% will raise enough money to pay for bonds that Japan will issue before the Olympics to cover costs, while

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