European stocks edge lower on French Credit Agricole decline

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Source: Bloomberg
© Scanpix/AP
The Stoxx 600 Index is 0.2% lower to 269.98 points in early London trading session on Friday. European equities set the biggest weekly decline since September. Investors are concerned on the Bank of France, Credit Agricole, announcement of a wider loss than analysts' predictions and statement that France economy might contract in the last quarter of this year.
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Fri, 09 Nov 2012 15:07:25 GMT

Retail sales in China added more than expected

The National Bureau of Statistics reported on Friday that Chinese retail sales increased more than expected last month. Year over year, retail sales gained 14.5% in October compared to a figure of 14.2% in the preceding month. Economists, however, expected a reading of 14.4%. Year to date, Chinese sales were by 14.1% higher than during the same period in the

Fri, 09 Nov 2012 14:45:26 GMT

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