Australian leading index weakens in April

Source: RTT News
A leading economic indicator in Australia eased slightly in the months of April after it was flat in March, the latest survey released by the Westpac Bank showed on Wednesday. According to the survey, the country's leading economic index dropped by 0.5% recording 98.0 points in April after it was seen at 98.38 in March.

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Wed, 28 May 2014 10:03:05 GMT

China's industrial profits up 10% in January-April period

Industrial profits in the world's second largest economy advanced in the January-April period, according to a report released by the National Bureau of Statistics showed on Wednesday, as utilities added 27.2% on an annual basis and mining industry dropped 16%. The report also showed that the country's industrial profits grew 10.0% totaling 1.762 trillion yuan.

Wed, 28 May 2014 09:41:04 GMT

Australia's construction activity rises in Q1

Construction work in Australia grew in the quarter first of this year, the latest report revealed by the Australian Bureau of Statistics showed on Wednesday. According to the report, the country's total value of completed construction work rose by 0.3% on a sequential basis in the Q1 totalling A$53.621 billion, while it was forecast to drop on the quarter.

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