US shares face the best 1st quarter in 12 years

Note: This section contains information in English only.
Source: Marketwatch
US shares mostly gained on Friday supported by better than predicted consumer confidence data in March and closed the first quarter of 2012 with a substantial gains. S&P 500 added 0.37% or 5.19 points and finished at 1,408.47, gaining 12% for the quarter. Dow Jones Industrial Average climbed 0.5% or 66.22 points and closed at 13,212.04, advancing 8.1% on quarterly basis. Nasdaq Composite dropped 0.12% or 3.79 points to 3,091.57 on Friday but rose 18.7% in  the first quarter this year. 
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Mon, 02 Apr 2012 06:19:09 GMT

Australia's PMI showed contraction in March

Australian manufacturing activity contracted in March amid firm Australian Dollar and weak global demand. The PMI declined by 1.8 points, attaining 49.5 last month on a seasonally adjusted basis. The major contracting industries were clothing, wood products, furniture and footwear. At the same time transport equipment and machinery indicated expansion.

Mon, 02 Apr 2012 09:10:13 GMT

Bernanke: Fed to 'remain cautious'

Ben Bernanke, chairman of Fed, hinted that the central bank of the US is likely to continue its economy-stimulating measures, citing overall weakness of the US job market despite increased hiring in the last three months. He also claimed that Fed has to 'remain cautious', which was interpreted by many analysts as a sign of maintaining record low interest rates

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