South Korean unemployment rate decreased to 3.4% in March

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Source: Marketwatch
The rate of unemployment in South Korea tumbled in March, after attaining 11-month high in February. The March reading indicated that the jobless rate fell to 3.4% as compared to 3.7% in February, reported Statistics Korea. The number of people who have a job increased by 419,000 as compared to March 2011.



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Thu, 12 Apr 2012 11:01:56 GMT

Crude oil steadies after US data

Crude oil futures fluctuated slightly during Asian trade on Thursday after data on moderate expansion of the US economy and falling yields on Spanish debt. Light, sweet crude oil futures for May delivery traded at 102.56 US Dollars per barrel on the New York Mercantile Exchange, advancing by 0.14% from the previous session's low of 102.52 US Dollars per barrel.

Thu, 12 Apr 2012 12:04:46 GMT

Loonie approaches 10-week record low

The Canadian Dollar hit the lowest figure since January ahead of Bank of Canada monetary policy report. Despite stability in stock and commodity markets the Loonie traded at CAD 1.0038 after strengthening to CAD 1.0009, the lowest since January 31. Currently USD/CAD is trading at CAD 1.0011. 

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