Asian markets lose, while Japan gains

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Source: Marketwatch
Asian shares fell on Wednesday as a result of week steel outputs, while Japanese market went up on deal speculation. Japan's Nikkei Stock Average inched higher 0.2 per cent and South Korea's Kospi rose 0.6 per cent. Hong Kong's Hang Seng Index and the Shanghai Composite Index declined by 0.1 per cent and 1 per cent, respectively.
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Wed, 29 Aug 2012 18:41:10 GMT

Dollar climbs on housing data

The greenback inched higher comparing to the Yen on Wednesday on received data about U.S. home prices going up, reaching the highest level in two years period this July. The Dollar advanced to 78.70 yen, a 0.3 per cent increase, while the single European currency declined to $1.2519.

Wed, 29 Aug 2012 18:30:11 GMT

Denmark GDP decreases in Q2

Denmark's economy shrank at a faster-than-estimated pace in Q2, lead by decreases in investment and consumption, Statistics Denmark showed in preliminary data on Wednesday. GDP tumbled 0.5% on quarter, from a 0.3% increase in Q1 while economists forecast a 0.2% decline. GDP dropped 0.9% on year, widely exceeding economists' estimate of 0.2% fall.

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