Japan's overall wages increase first time in four months in October

Note: This section contains information in English only.
Source: RTT News
Overall wages in the Asia's second-largest economy advanced in October recording their first increase since July, a preliminary report revealed by the Ministry of Health, Labor and Welfare showed on Tuesday. According to the report, Japan's total cash earnings rose 0.1% on an annual basis in October after falling 0.2% in the prior month.

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Tue, 03 Dec 2013 12:04:03 GMT

China's service and construction sector activity eases in November

Non-manufacturing sector activity in the world's second-largest economy slowed down in November mainly due to decline in new order inflow, China Logistic and Purchasing Federation and the National Bureau of Statistics showed in a report on Tuesday. The non-manufacturing PMI measuring activity in services and construction dropped from a level of 56.3 in October to 56 in November.

Tue, 03 Dec 2013 11:42:03 GMT

Dollar rises versus Yen as investors expect less easing in U.S.

The U.S. currency advanced on Tuesday rising to the highest level in six months against its Japanese counterpart as traders weighed a batch of the U.S. favourable economic data suggesting the Federal Reserve may ease its monetary easing. The Greenback strengthened 0.2% to 103.12 Yen as of 8:18 a.m. in London and it traded at $1.3554 per Euro.

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