South Korean PPI fell in February

Source: RTTNews
The Bank of Korea revealed on Monday that the country's producer prices inched up last month. Producer prices index added 0.7% in February, compared to a more modest increase of 0.2% in the preceding month. Year-over-year, producer prices experienced a decline of 1.6%, which was the same as in January.
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Mon, 18 Mar 2013 10:22:08 GMT

Rupiah drops most in 2 weeks on Cyprus news

The Indonesian Rupiah slipped by 0.2% to 9,723 per U.S. Dollar in the morning of Jakarta trading session on Monday. That was the biggest slide since 4th of March. The currency depreciated, as global investors were concerned about situation in Cyprus and its impact for European debt crisis, thus traders were willing to buy less risky assets than emerging market

Mon, 18 Mar 2013 13:19:06 GMT

WTI drops amid levy by Cyprus on savings

West Texas Intermediate oil declined on Monday falling from its highest level in three weeks after the Eurozone's finance ministers decided to raise 5.8 billion euros by putting a levy on Cyprus bank savings, which brought worries about recovery in Europe. April WTI oil futures decreased $1.31 to $92.14 a barrel on the NYME after climbing to $93.45 on March

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