German import prices declined in February

Source: RTTNews
The Federal Statistical Office reported on Wednesday that German import prices fell last month, which was a second decrease in a row. Year-over-year, import prices declined by 1.6 in February, which was a steeper decline than the January's reading of minus 0.8%. Month-over-month, import prices added 0.3% in February, compared to a gain of 0.1% in January.
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Wed, 27 Mar 2013 12:43:06 GMT

US stocks closed higher on positive data

The Wall Street closed in green area on Tuesday following positive headlines from the US real estate and manufacturing sectors. The overall durable goods orders climbed 5.7% in February compared to a forecast of a 3.8% increase. Meanwhile, home prices continued to improve last month. Adding to gains, US equities drew strength from eased worries over Cyprus bailout. The S&P

Thu, 28 Mar 2013 12:24:07 GMT

South Korea's GDP advances 0.3% in Q4

South Korean economic growth accelerated by a seasonally adjusted 0.3% in the last three months of 2012 from the previous quarter compared to an original estimate of a 0.4% increase, according to a report released by the Bank of Korea on Tuesday. The report showed that the nation's GDP grew 1.5% on an annual basis in the Q4, while for

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