US consumer confidence increased more than expected

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Source: Forexpros

US consumer confidence increased more than previously projected for the fourth month in line, according to industry data. IBD/TIPP Economic Optimism Index gained 2.2 points to 42.8 this month from 40.6 in November. Experts projected the indicator to add 1.9 points to 42.5 in December.

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Wed, 14 Dec 2011 08:23:15 GMT

Olympus met the deadline to escape delisting

Olympus, scandal camera producer in Japan, announced that it revised financial reports to avoid delisting from the Tokyo Stock Exchange. The company revised reports for the last five years three hours before delisting from the stock exchange. However, officials still can delist Olympus due to financial malpractice.

Wed, 14 Dec 2011 08:16:56 GMT

India's inflation reaches 1-year low

In November, India's wholesale price index added 9.11% on a yearly basis, said commerce ministry in New Delhi. Economists surveyed by Bloomberg predicted price increase of 9.02%. In October annual inflation was 9.73%. Analysts expect that Reserve Bank will stick to its benchmark interest rate at 8.5% also after policy meeting due December 16. 

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