China's property inflation increases more than forecast in October

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Source: Reuters
© Scanpix/RS
Property inflation in the world's second largest economy accelerated in the month of October raising concerns of a potential real estate bubble in the country, a survey published by real estate services company E-House China showed on Friday. China's new homes prices gained 0.8% on a monthly basis on October, while year-on-year the prices climbed 10.5%.

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Fri, 01 Nov 2013 17:05:03 GMT

China's manufacturing reached highest level in 18 months

Manufacturing growth in the world's second largest economy reached the highest level in eighteen months in October as companies increased production suggesting that the nation's economy is improving modestly, a data revealed by the National Bureau of Statistics showed on Friday. The factory PMI gained from 51.1 in September to 51.4 recorded in the following month.

Fri, 01 Nov 2013 16:32:04 GMT

U.S. Treasuries fall amid favourable manufacturing report

U.S. Treasuries decreased on Friday pushing the benchmark 10-year yields to the strongest level in more than a seven-day period before a government data showed that manufacturing sector advanced for the fifth successive month suggesting a potential end of stimulus. 10-year bonds yielded at 2.58%, traded 2 basis points lower at 9:33 a.m. in New York, the strongest level since

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