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U.S. housing recovery falters, outlook still positive
Tue, 07 May 2013 07:39:03 GMT
 
The U.S. housing recovery falters, with the number of improved local housing markets across the country declining for a second consecutive month in May, the National Association of Home Builders >>
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Eurozone' s retail sales fell, services and manufacturing output shrank
Tue, 07 May 2013 07:21:02 GMT
 
Retail sales in the Euro area fell in March in line with economists' expectations, adding to signs that consumer demand is still weak, which is hampering recovery in the currency's >>
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Australian producer prices gained in Q1
Mon, 06 May 2013 06:55:02 GMT
 
Producer prices in Australia added 0.3% in the first quarter of 2013, showing that both businesses and consumers are more confident about the economic outlook and showing willingness to increase >>
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Japan to strengthen ties with Asean
Mon, 06 May 2013 06:44:02 GMT
 
Japan is considering to boost financial collaboration with Southeast Asian countries, prop up their bond markets and make it easier for Japanese companies to raise funds in local currencies. >>
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U.K. services data raises recovery optimism
Mon, 06 May 2013 06:33:02 GMT
 
Growth in activity in the Brittan's dominant services sector improved more than expected in April, raising hopes that the U.K. economy could be stabilising. >>
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U.S. unemployment reached 4-year low
Mon, 06 May 2013 06:22:02 GMT
 
Job creation accelerated further in April, while the jobless rate dropped to the four-year low, quelling worries of a spring slowdown. >>
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Eurozone to fall deeper into recession in 2013
Mon, 06 May 2013 06:11:02 GMT
 
The 17-nation economy is now expected to shrink more than previously estimated this year, as latest data is adding to concerns that the economy is far away from the recovery, >>
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Abenomics already having effect
Fri, 03 May 2013 08:42:20 GMT
 
Measures done by Japanese Prime Minister Shinzo Abe and the new Governor of the Bank of Japan Haruhiko Kuroda have already shifted the economy into a positive cycle with the >>
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Swiss manufacturing sector expanded
Fri, 03 May 2013 06:47:03 GMT
 
Switzerland's key manufacturing output index surged in April; however, a dip in the backlog of orders and in employment levels clouded the outlook. >>
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U.K. construction shrank less than expected
Fri, 03 May 2013 06:25:07 GMT
 
Britain's construction output shrank less than initially was expected in April, adding to signs the economy is reviving after previous year's contraction.  >>
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U.S. jobless claims reached five-year low
Fri, 03 May 2013 06:14:02 GMT
 
The number of Americans filing new claims for unemployment benefits dropped to a five-year low, suggesting the improvement in the labour market, the Labor Department said Thursday. >>
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ECB cuts interest rates to record low
Fri, 03 May 2013 06:03:02 GMT
 
The European Central Bank during its monthly policy meeting decided to cut the benchmark interest rate to a new record low, as the 17-nation euro region struggles to emerge from >>
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Australian new home sales rose significantly
Thu, 02 May 2013 09:10:02 GMT
 
Australian new home sales bounce back in March, recovering from an unexpected drop in the previous month. >>
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Monetary base soared to a record in April
Thu, 02 May 2013 08:59:02 GMT
 
Japan's monetary base  jumped to a record in April, according to the Bank of Japan on Thursday, as the central bank's unconventional quantitative easing programme increased the amount of money >>
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U.K. manufacturing picked up in April
Thu, 02 May 2013 08:48:03 GMT
 
"With forward-looking indicators such as new orders and the demand-to-inventory ratio also ticking higher, the sector should at least be less of a drag on broader GDP growth in the >>
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