Contraction of Italian GDP confirmed at 0.9%

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Source: RTTNews
Latest data showed on Monday that the Italian economy continued to experience a decline during the last quarter of 2012, which was in line with first estimates. The Italian gross domestic product fell by 0.9% on a quarterly basis, compared to a fall of 0.2% in the preceding quarter of 2012.
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Mon, 11 Mar 2013 14:26:07 GMT

Fitch improved Thailand credit rating

Fitch credit agency improved Thailand's credit rating to +BBB with a stable perspective, indicating confidence in Prime Minister's skills to maintain a social stability. The rating was raised on March 8 bringing it in the line with other credit agencies Standard & Poor's and Moody's. Agency said that Thailand upgraded risk to policy predictability and did not face any legal

Mon, 11 Mar 2013 19:01:05 GMT

Dow extends its gains on Friday

U.S. blue chips rose on Friday as the employment climbed more than expected and the jobless benefit applications fell surprisingly, showing growth signs in the U.S. labour market. The Dow Jones Index rose 0.5% to 14,397.07. 22 out of 30 companies posted gains in their share prices. Sectors rallying the most were consumer services and telecommunications. Walt Disney Co grew

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