Japan to approve 2014 fiscal year budget

Source: Bloomberg
Japanese government presented the state budget for the fiscal year 2014-2015, which starts on April 1. The coalition partners agreed on record, 95.88 trillion yen budget, as defense, social security and public works spending is estimated to increase in order to push inflation up. At the same time, it is forecasted that the government will borrow slightly less in 2014 than this year on rising budget revenues.
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Mon, 23 Dec 2013 14:34:03 GMT

China Mobile to sell Apple iPhones 5S and 5C

China Mobile Ltd., one of the largest mobile telecommunications operators in the world, reached an agreement with Apple Inc. to sell the smart phones made by the American corporation. It is expected that both iPhone 5S and 5C will be available to Chinese consumers via the mentioned operator. Today, China Mobile Ltd. shares added 1.31% to HK$80.95 per share in

Mon, 23 Dec 2013 14:01:04 GMT

Gold rebounds from three-year low

Gold gained on Monday trading session rebounding from the lowest level since 2010 amid speculation that investors start buying the commodity towards the end of the year as low prices may encourage purchases. Gold for delivery in December added 0.3% to $1,207 an ounce after trading at $1,203.76 as of 8:08 a.m. Singapore time.

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