U.S. pending home sales stay at 3-year high in February

Source: RTT News
U.S. pending home sales recorded a modest fall in the month of February, a report unveiled by the National Association of Realtors showed on Wednesday, however pending sales stayed close to the highest figures in a three-year period on the month. NAR's report said that pending home sales index slowed down by 0.4% to 104.8 in February following a 3.8% jump in the month before.

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Thu, 28 Mar 2013 07:12:39 GMT

Japan retail sales decline in February

Japan retail sales fell more than expected in February, declining by 2.3% from a year earlier following a 1.1% drop the previous month, according to the Ministry of Economy, Trade and Industry. In contrast, most analysts had predicted a 1.2% dip. Large-scale retailers experienced even bigger losses, with sales plummeting 3.7% from the previous year after a 3.5% fall in

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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