Australian business confidence improved last month

Note: This section contains information in English only.
Source: Marketwatch
Australia's business confidence improved last month amid anticipation of the further rate reduction by the Australia's central bank. However, actual economic situation remained weak. Business confidence index added four points last month after gaining three points in March. At the same time, business conditions declined by three points, attaining zero in April.
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Mon, 07 May 2012 06:17:05 GMT

Francois Hollande won French elections

France has elected new president, Francois Hollande who polled about 52% of the votes. Mr Hollande said that he is proud to return hope to people again. He also announced that he would attempt to rework deal regarding sovereign debt in the Euro Zone countries to promote economic expansion.

Fri, 04 May 2012 15:06:55 GMT

Sugar rose despite ample supplies

Rural commodities rebounded after previous losses as adverse weather in the EU planting regions is likely to increase demand for US supplies.Wheat managed to climb by 0.21% as worse weather may curb global wheat supplies. Global grain supplies are expected to fall by 3.6% this year.Corn was top-performer despite record high crops expected this year as US farmers intended to

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