China manufacturing PMI slightly up in December

Note: This section contains information in English only.
Source: Bloomberg

China's production measure improved in December, indicating that a strike in the country's economy might be stabilizing despite European debt woe which weakens the exports outlook. Purchasing Managers' Index rose to 50.3 in December compared to 49 previous month, said Chinese logistics federation yesterday. In contrast, PMI estimated by HSBC showed an increase from 47.7 to 48.7.

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Mon, 02 Jan 2012 07:46:42 GMT

European stocks fall 11% in 2011

European shares experienced slight gains on the last trading day for 2011, but closed with significant yearly losses as European debt crisis hampered the region's economies. Stoxx Europe 600 index added 0.9% to 244.57 on Friday but was down 11.3% for 2011. Germany's DAX 30 index finished the day 0.8% up at 5,898.35 but tumbled 14.7% on yearly basis. UK's FTSE 100 stock index closed 0.1%

Mon, 02 Jan 2012 07:46:33 GMT

Indonesia inflation slows down for a fourth straight month

Indonesian inflation slowed for the fourth consecutive month in December, reaching the lowest reading since 2010, said Jakarta based Central Bureau of Statistics. Consumer prices added 3.79% on a yearly basis compared to 3.86% predicted by economists. In November inflation reached 4.15%. Bank Indonesia's officials left interest rates unchanged in December after cutting them in November and October.

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