India's CPI slows down in March

Source: RTT News
Inflation based on the consumer price index in India slowed down in March after it was rising for five successive months, a report released by the Central Statistics Office showed on Friday. The report showed the general CPI advanced 10.39% on an annual basis in March following a 10.91% increase recorded in February; the March's level is the lowest since November 2012.

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Fri, 12 Apr 2013 12:03:03 GMT

Hang Seng falls as Chinese economy advances slower

Hong Kong shares retreated on Friday, as analysts expect the Chinese economy to grow slower than expected in January-March. The Hang Seng Index lost 0.1%, or 12.22 points, to 22,089.05. Utilities and financials increased the most by adding 0.6% and 0.1%, respectively. Esprit Holdings Ltd, a manufacturer and retailer of fashion clothes, surged 1.7% to HK$9.99. Furthermore, Henderson Land Development

Fri, 12 Apr 2013 11:41:04 GMT

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Japanese equities traded red on Friday as the Yen appreciated against the Dollar weighing on the blue-chip companies dependent on exports. The Nikkei 225 Index declined 0.5%, or 64.02 points, to 13,485.14, yet close to its highest value in 20 months. Japanese electric companies were among the top performers, as the utility sector surged 2.9%. Tokyo Electric Power Co Inc

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