India's stocks rise to all-time high before election

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Source: Reuters
Indian equities rallied on Tuesday trading session rising towards the highest level all-time on strong overseas demand boosting the Indian blue chips before the general elections in the country and as report showed that industrial production slightly gained. The benchmark index BSE advanced 0.1% following an increase by 1.1% to 22,040.72, the new record level.

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Tue, 18 Mar 2014 13:23:45 GMT

German economic confidence worsens in March

Economic expectations index in the Europe's second largest economy worsen in the month of March on geopolitical tension in the Ukraine's Crimea, a report released by the Centre for European Economics Research/ZEW showed on Tuesday. According to the report, the country's economic confidence gauge slipped to a level of 46.6 in March compared to February's 55.7 points.

Tue, 18 Mar 2014 13:13:07 GMT

Yuan extends its monthly drop

The Chinese currency declined on Tuesday falling for the second straight day against the U.S. Dollar amid speculation that the region's economy may be slowing with highly indebted private sector becoming an issue for the economy. The Yuan was last traded at $6.1816 per U.S. Dollar falling by 0.4% after the PBOC increased the trading range over the weekend.

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