South Korea's M2 money supply growth eases in August

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Source: RTT News
South Korean money supply growth decelerated in the month of August to the lowest level in two months amid slower increase of bank lending, a report released by the Bank of Korea revealed on Wednesday. According to the report, M2 money supply advanced 3.9% on a monthly basis in August, the least since July 2011, after it advanced by 4.6% in July 2013.

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Wed, 09 Oct 2013 06:43:55 GMT

Japan's machine tool orders drop in September as export demand falls

Machine tool orders in the Asian second-largest economy fell on an annual basis in September mainly due to a steep drop in export demand, the Japan Machine Tool Builders' Association reported on Wednesday. The report showed that the total figure of machine tool orders slipped 6.3% in September as the export market orders declined 23.4% in same the month.

Wed, 09 Oct 2013 07:50:10 GMT

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