Australian servicer sector jumped in January

Note: This section contains information in English only.
Source: Forexfactory
The services activities soared in January after three month fall, reported the Australian Industry Group. Australian PSI advanced by 0.29 points to 51.6 in January on a seasonally adjusted basis. The strongest growth was registered in cafes and restaurants, finance and insurance, accommodation and recreational services.


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Fri, 03 Feb 2012 10:40:31 GMT

Panasonic reports record loss on Thailand floods

Consumer electronics manufacturer Panasonic Corp. posted its all time record high losses due to the floods in Thailand amid appreciating Yen and global economy slowdown. Panasonic Corp. reported a loss valued at JPY 780 billion or USD 10 billion. In October the company predicted loss of JPY 420 billion. 

Fri, 03 Feb 2012 10:25:47 GMT

US stocks showed mixed performance on Thursday

US stocks experienced rather choppy session as investors awaited upcoming session's employment statistics and health care sector posted disappointing 4th reports. S&P 500 index gained 0.11% or 1.45 points and finished at 1,325.54, Dow Jones Industrial Average index slipped 0.09% or 11.05 points and closed at 12,705.41. Nasdaq Composite added 0.4% or 11.41 points and finished at 2,859.68.

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