European shares post a biggest weekly decline this year

Source: Marketwatch
Although equity markets closed slightly higher on Friday, European stocks experienced the worst week this year as miners and banks sharply declined on worries about global growth. Stoxx Europe 600 traded flat on Friday but gave up 2.5% on weekly basis. FTSE 100 index climbed 0.1% and German DAX added 0.2%. French CAC 40 gained 0.1%.
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Mon, 26 Mar 2012 06:20:25 GMT

Japan and Canada to negotiate free trade agreement

Japan and Canada have embarked on negotiations aimed at setting up free trade zone between two countries. However, experts claim it would be difficult to agree for two countries as Japan continues to protect its agricultural and farming sector from foreign competition. At the same time, Japan is large importer of Canada's commodities as coal, copper and food products. Canada

Mon, 26 Mar 2012 06:50:07 GMT

Canada's inflation increased more than expected in February

Canadian annual inflation pushed higher in February, boosted by higher food and gasoline prices. However the increase was not rapid enough to force central bank change its low interest rates. Annual inflation climbed 2.6% in February compared to 2.5% in January. Economists surveyed by Reuters forecast an advance to 2.7%. Core inflation measure which excludes particular food items and gasoline

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