Japan production recovers in December

Source: Bloomberg
Japanese industrial production expanded more than predicted in December as car manufacturers recovered from Thailand flooding which disrupted their supplies. Japan's manufacturing output added 4% in December compared to previous month. Economists questioned by Bloomberg earlier predicted an increase of 3%. Nevertheless, Japan still is challenged by appreciated Yen which harms exporters. 
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Tue, 31 Jan 2012 07:37:21 GMT

European leaders face new challenges to save Greece

European officials left Brussels summit Monday evening with no agreement on how to restrain Greek budged deficit. Euro Zone leaders are also likely to face additional challenges to agree on the next bailout package for Greece, as decelerating economic outlook in Portugal indicated new difficulties in taming debt turmoil. Angela Merkel during summit expressed her frustration about Greek government's inability

Mon, 30 Jan 2012 17:32:48 GMT

Euro region confidence improves less than expected

The index which measures executive and investor confidence in the Euro Zone, surged less than expected in January. The sentiment index climbed from 92.8 in December to 93.4 this month. Although it is the first increase since February 2011, the figure is below earlier predicted 93.8 and indicates investor cautiousness.

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