China's manufacturing activity gains less than forecast

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Source: RTT News
© Scanpix/FP
Manufacturing activity in the world's second largest economy advanced less than economists originally projected in the month of September, a survey released by the HSBC and Markit Economics published on Monday. The purchasing managers' index of the manufacturing activity rose from 50.1 recorded in August to 50.2 in September.

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Mon, 30 Sep 2013 09:51:03 GMT

European stocks tumble led by Italy's shares

European shares shrank on Monday led by the biggest Italian banks, UniCredit SpA and Intesa Sanpaolo SpA, and the country's benchmark index as the Italy's Prime Minister fought to maintain his administration. The benchmark Stoxx Europe 600 Index dropped 0.7% to 310.02 as of 8:05 a.m. London time and It has risen 4.3% this month.

Mon, 30 Sep 2013 09:29:03 GMT

Gold rises as U.S. government may shut down

Gold increased on earlier on Monday session to its highest level in more than seven days as it headed for the first quarterly gain since September 2012 amid speculation that the U.S. government may shut down if the Senate rejects the bill. Bullion for delivery in September added 1.3% to $1,354.35 an ounce, its highest level more than a week.

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