Natural gas dropped further on mild weather forecasts

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Source: Forexpros
Natural gas price moved down, hitting the new low as market sentiment remained bearish amid soft weather forecasts in the US and elevated inventory level. Natural gas April contract traded at 2.307 US Dollars per million British thermal units at the US session, on the New York Mercantile Exchange, falling by 2.1%.

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Thu, 08 Mar 2012 07:27:48 GMT

Japan: trade deficit widened to 5.4 billion US Dollars in January

Japan has announced a record wide trade deficit of 5.4 billion US Dollars in January, according to the Ministry of Finance. The fall in the current account was mostly attributed to the growing energy imports coupled with uncertain economic recovery of the country. However, the GDP growth for last quarter of 2011 was revised up on Thursday. Japan's economy contracted

Wed, 07 Mar 2012 20:06:42 GMT

Adidas reported 18% profit increase in 2011

Adidas reported record high profits for 2011 ahead of Olympics due in 2012 that is expected to push the income even higher. The company announced 18% surge in net income for the last year. The total profit approached 671 million Euros mainly due to soaring sales in China and Eastern Europe in Q4. In total Adidas sales grew by 13%

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