Swiss jobless rate remains at 3.2%

Source: RTT News

Switzerland's unemployment rate remained unchanged in February, data was announced by the  State Secretariat for Economic Affairs on Friday. The seasonally adjusted unemployment rate remained on 3.2% mark, thus confirming economists' expectations, while the unadjusted unemployment rate also remained unchanged at 3.5%.

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Mon, 10 Mar 2014 09:48:13 GMT

Yuan slides as China's central bank cuts reference rate

China's Yuan dropped after the People's Bank of China cut the currency's fixing the most in almost two years. The Yuan tumbled 0.27% against the greenback as the daily reference rate was lowered by 0.18 to 6.1312 per dollar. The slide by Yuan was also increased by the drop in overseas shipment which fell 18.1% in February - the largest

Fri, 07 Mar 2014 14:51:00 GMT

Palladium climbs to one-year high on Russia supply concerns

Palladium surged near to a highest level in one year, as the biggest exporter of palladium Russia is threatened sanctions by U.S. and its allies for Russia actions in Ukraine. Palladium price has jumped 8.8% this year, while this week it gained 0.4%. Russia together with second largest palladium exporter South Africa is responsible for almost 80% of palladium output

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