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Toyota reduces profit outlook by 54%
Fri, 09 Dec 2011 08:38:54 GMT
 
On Friday Toyota Motor Corp. cut its current fiscal year profit outlook by 54% as company's production output was seriously harmed by immense flooding in Thailand. Japanese leading car producer estimates its annual net profit >>
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UK real-estate value unaffected in November
Fri, 09 Dec 2011 08:36:47 GMT
 
In November UK housing value was unchanged, reported Acadametrics Ltd. The average value of a house in Wales and England was ВЈ220,043 ($343,800). The number of deals added 4.5%. On a yearly >>
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Aussie and Kiwi decline on European concern
Fri, 09 Dec 2011 08:35:51 GMT
 
New Zealand and Australian home currencies dropped to one-week record lows on investor speculation EU summit will not provide a tangible solution for debt crisis, hampering demand for upward yielding assets. Australia's dollar lost 0.6% against >>
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Euro to reach one-week low against US dollar
Fri, 09 Dec 2011 07:55:19 GMT
 
On Friday Asian trade Euro moved close to one-week record low against the greenback after European officials failed to reach unanimous agreement for halting debt crisis. 17-nation currency fell from $1.3341 yesterday to >>
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EU officials keep working on rescue plan
Fri, 09 Dec 2011 07:53:43 GMT
 
1.       On Thursday night European leaders worked on plan how to stop debt crisis that has been extending for more than two years and created much doubt on the stability of Euro. Officials discussed the >>
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European banks suggested to raise capital according to EBA guidelines
Fri, 09 Dec 2011 07:51:44 GMT
 
European watchdogs advised banks to avoid reducing lending or artificially inflating capital. European financials are required to strengthen their core capital ratios at 9% of risk weighted assets by the summer 2012. However, >>
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US stocks fall amid European summit
Fri, 09 Dec 2011 07:44:51 GMT
 
US shares started to decline in afternoon trade after Dow Jones disclosed details of draft plan, however, stock indexes plunged even further as Reuters reported that Germany opposed several measures in draft proposal. >>
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Asian stocks decline on Europe worries
Fri, 09 Dec 2011 07:44:18 GMT
 
Asian equities dropped sharply on Friday as EU summit failed to ensure full support from the 27 region's countries on tighter fiscal policy. Hong Kong's Hang Seng Index fell 2.5% and Shanghai Composite >>
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Europe to increase financial support for combating with crisis
Fri, 09 Dec 2011 07:05:38 GMT
 
Financial resources are going to be increased in order to support members in handling the recession, said Herman van Rompuy, European Council President. The euro-area and other countries will attempt to raise additional >>
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China's CPI growth decreased in November
Fri, 09 Dec 2011 07:04:31 GMT
 
China's CPI, the main indicator of inflation, increased by 4.2% last month on a yearly basis easing down from 5.5% increase in October, according to the National Bureau of Statistics. The inflation >>
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Australia uniforms seam coal gas regulations
Fri, 09 Dec 2011 07:04:01 GMT
 
Number of states in Australia has agreed on development of the uniformed law framework for rapidly-developing seam coal gas sector, said Martin Ferguson, federal Environment Minister. Ministers dealing with energy and resources have >>
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Dollar climbs on failure of the EU summit
Fri, 09 Dec 2011 07:03:21 GMT
 
Following the news on the EU leaders could not reach a full agreement on closer fiscal ties, the greenback advanced against its major counterparts; the dollar index increased to 78.848 from 78.789 >>
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China's property tax may be extended
Fri, 09 Dec 2011 07:02:08 GMT
 
China plans further expansion of its real estate tax initiative to larger number of cities after it assessed the results of test launch in Shanghai and Chongqing, reported Ministry of Finance. Since >>
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EU's intergovernmental agreement may be concluded without all member states
Fri, 09 Dec 2011 06:59:57 GMT
 
The EU continues to work on deeper fiscal integration and may go on with intergovernmental deal not including all the members, said Nicolas Sarkozy, the French President. The leaders are putting all >>
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OPEC tries to reach consensus on oil production
Fri, 09 Dec 2011 06:59:09 GMT
 
The OPEC has failed to approve issues related to oil-production during the last meeting and will try to reach an agreement next week. The forthcoming summit in Vienna next week is going >>
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