Australian banks' lending increased more than expected

Note: This section contains information in English only.
Source: The Australian
The amount of approved mortgages in Australia jumped 4.4% in September of the current year, while analysts predicted the indicator to go up 3.5%. Economists from Australian banks say that a decrease of the main interest rate a month earlier resulted in the positive impact for the country's economy. Moreover, analysts point out that the policy of cutting rates may come to the end soon.
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Mon, 11 Nov 2013 08:32:05 GMT

Growth in Japan's service sector cools in October

The indicator, showing the sentiment in Japanese service sector, decreased to 51.8 points in October of this year from 52.8 points a month earlier. The survey was made by the Cabinet Office of Japan and reported a sentiment's decline in such sectors as hotel and restaurant business, and taxi drivers. At the same time, the economic recovery in Japan is

Mon, 11 Nov 2013 06:08:03 GMT

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