Europe's shares bounce back from the lowest level in three weeks

Source: Bloomberg
© Scanpix/Reuters
Europe's shares jumped, bouncing back from the lowest level in three weeks, ahead of the reports that may positively impact the U.S. economy. The Stoxx Europe 600 Index gained 0.2% to 303.14 as of 9:46 a.m. London time, while the Standard & Poor's 500 Index fell 0.2%. The Stoxx Europe 600 Index is set for a 2.2% climb in May, advancing for 12 months in a row.
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Thu, 30 May 2013 12:13:04 GMT

Asia's shares decline as Topix and Nikkei drops

Asian shares declined as Japan's Topix Index and Nikkei 225 Index fell led by the commodities drop and the Japanese Yen appreciation. The MSCI Asia Pacific Index dropped 1.7% to 135.57 at 5:48 p.m. Tokyo time. The Topix slid 3.8%, while the Nikkei 225 slipped 5.2%; however, both indexes have gained more than 30% this year to date. 

Thu, 30 May 2013 11:51:05 GMT

Spanish GDP lost 0.5% in January-March

According to the latest statistics, Spanish economy declined 0.5% in the first quarter of 2013 from the last quarter of 2012. On a yearly basis, GDP contracted by 2%. The Central bank of Spain expects GDP to decrease 1.3% this year. Additionally, unemployment rate in the country reached 27%. Moreover, country's budget deficit is planned to be 6.3% this year,

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