German business sentiment probably rose in January

Note: This section contains information in English only.
Source: Bloomberg
German business confidence may have increased in January to 5-month record high, as the European largest economy indicated recovery. According to economists questioned by Bloomberg, the business climate index, estimated by the Ifo institute, probably rose from 107.2 to 107.6. Economists also predict the measure of current situation to increase from 116.7 to 116.8. The report is due today.
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Wed, 25 Jan 2012 08:11:41 GMT

Japan: first trade deficit in 30 years

Japan reported the first yearly trade deficit in 30 years. The trade deficit of the country for 2011 amounted 2.49 million Yen, with imports adding 12% and exports decreasing by 2.7%, according to finance ministry. Experts blamed recent earthquake and tsunami as many factories and supply chains were damaged.

Wed, 25 Jan 2012 07:49:32 GMT

Apple net income doubles on Iphone

Apple Inc. posted a 4th quarter's profit, more than two times higher than in corresponding period last year due to successful sales of Iphone and Ipad. Apple managed to sell 37 million Iphones and reach a net profit of $13.1bn in the last quarter of 2011. The profit per share for the particular quarter was $13.87. Apple shares jumped 12% on the earnings

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