Kevin Rudd resigns to run for a Australia premier elections

Note: This section contains information in English only.
Source: Bloomberg
Kevin Rudd quitted as Australia's foreign minister in order to candidate in premier elections and challenge current PM Julia Gillard. The country's first female PM is struggling to get support from Labour party as her ratings fluctuates near record low. Rudd is well known for his autocratic way of leading. 
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Wed, 22 Feb 2012 08:54:33 GMT

Australian labour price index gained 0.9% in Q4 of 2011

Australian public wage price index advanced by 0.7% in the last quarter of 2011, indicating slightly slower growth pace than in private sector. All sectors indexed increased by 0.9%. Referring to yearly moves, public sector wage price index added 3.2% while private sector rose by 3.7% in the quarter ended in December, 2011.

Wed, 22 Feb 2012 10:30:22 GMT

US stocks trade nearly flat on Tuesday

US stocks indices were little changed on Tuesday as debt deal approval was offset by earnings reports. S&P 500 gained 0.07% or 0.98 points and finished at 1,362.21, Dow Jones Industrial Average index added 0.12% or 15.82 points and settled at 12,965.69 while Nasdaq Composite slipped 0.11% or 3.21 points to 2,948.57. 

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