China faces cooling economy

Note: This section contains information in English only.
Source: BBC
Recent economic news from China clearly indicated that country's economy is cooling. New house prices in 52 out of 70 cities tumbled in December on a monthly basis, reported the National Bureau of Statistics. Considering yearly changes, home prices added 1% in Beijing, signaling lower increase than November's reading. FDI also slumped for the second consecutive month in December, contacting by 12.7% as compared to a 9.8% decline in November.
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Wed, 18 Jan 2012 08:07:52 GMT

Internet sites protest against US privacy measures

Internet sites protest against the US anti-privacy law. Wikipedia took offline its English-language site; users accessing the site can see black screen with political statement: "Imagine a world without free knowledge." Meanwhile, Twitter refused to join the protest and to shut down its site.

Wed, 18 Jan 2012 10:22:39 GMT

Aussie hit trades close to November high ahead of jobs report

Australian Dollar appreciated sharply against greenback on Wednesday, fluctuating close to 1.5 month record-high before country's jobs report due tomorrow. Analysts expect the hiring increased in December. Aussie gained 0.2% against US Dollar to $1.0401 on Sydney trade while Kiwi surged 0.4% to $0.8037. Currently AUD/USD is trading at $1.0380 and NZD/USD is trading at $0.8023.

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