Australian employment change decreased

Source: Forexpros

Australian employment change declined last month, according to official data. The employment change decreased by 6.3K from 16.8K on a seasonally adjusted basis in November, the change in September was 10.1K, reported Australian Bureau of Statistics. Analysts projected the change to increase to 10.6K in November.

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Thu, 08 Dec 2011 15:24:28 GMT

Natural gas to become the second-biggest source of power in the US by 2015

Growing number of natural gas supplies and more deposits discovered may make the natural the second-largest energy source in US, said Exxon Mobil.  With the surging world population which is expected to reach 9 billion in 2040, the demand for energy will increase by 30% and the natural gas consumption will undertake the coal becoming the second-largest energy source, according to Reuters.

Thu, 08 Dec 2011 16:36:59 GMT

Hang Seng Index ends lower as Europe outlook worsens

On Thursday Hong Kong's Hang Seng Index lost 0.7% or 132.77 points and closed at 19,107.81, as investors were concerned about the outcome of upcoming summit, ECB decisions on interest rate as well as German government's refusal to operate two bailouts simultaneously. Shares of companies that are highly exposed to Chinese markets provided most negative contribution. Tsingtao Brewery Co. fell 3.2%, Gome Electrical Appliances Holding Ltd. declined

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