New York business conditions weakens in October

Note: This section contains information in English only.
Source: RTT News
New York area business conditions for manufacturers slowed down in October missing original economists' expectations, the Federal Reserve Bank showed in a report on Tuesday. According to the report, the index of general business conditions dropped from 6.3 points recorded in September to 1.5 in October, while it was forecast to grow 7.0 points on the month.

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Wed, 16 Oct 2013 08:24:07 GMT

Asia's stocks drop as deadline for U.S. budget is drawing closer

Asian equities tumbled on Wednesday and were traded not far from the highest level in five months as investors hope for a deal in the U.S. federal debt limit talks between President Barack Obama and House Republicans before deadline on October 17. The MSCI Asia-Pacific Index outside Japan fell 0.2%, while Japan's Nikkei also dropped 0.2% and Australian and Honk

Wed, 16 Oct 2013 08:02:09 GMT

Australia's leading indicator slips in August

An economic activity leading index in Australia decreased in August signaling that the country's economy lost its momentum and this trend may continue, the Westpac and the Melbourne Institute reported on Wednesday. The report showed that Australia's leading index dropped 0.1% from 294.8 recorded in July to a level of 294.5 in the following month.

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