Hong Kong February unemployment stays unchanged

Source: RTT News
Unemployment in Hong Kong stayed flat matching a forecast in the three months ended in February, the Census and Statistics Department reported on Monday. The report showed that the unemployment rate stayed unchanged at seasonally adjusted 3.4% in the December-February period from the previous three months, with the total number of unemployed people at 123,100.

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Mon, 18 Mar 2013 13:33:23 GMT

Japanese stocks snap their biggest drop in 10 months

Japanese equities dropped, sending down the Nikkei 225 Stock Average to cap its biggest decline in almost one year, as the Yen strengthened against its major peers after European policy makers decided to impose a 6.75% levy on all deposits under 100,000 euros in Cyprus. The finance ministers' agreement reached on March 16th raised concerns over deepening crisis in the

Mon, 18 Mar 2013 14:19:12 GMT

Norges bank to keep its interest rates unchanged until late 2014: Capital Economics

The Norges bank is likely to keep its interest rates unchanged and continue with its monetary policy at least until late-2014, as the strong Norwegian currency is preventing the government from increasing rates to weaken a housing boom, James Howat from the Capital Economics said on Monday. The Norwegian central bank maintained its benchmark rate stable as expected at 1.5%.

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