German leading index gains for 4th month in February

Note: This section contains information in English only.
Source: RTT News
A leading index measuring economic activity in the Europe's largest economy advanced in January rising for the fourth consecutive month signaling that the country's expansion should continue in the following months, the Conference Board reported on Friday. The report showed that Germany's leading index gained by 0.2% in January totaling 128.3 points after climbing by 0.9% and 0.3% in December and November respectively.

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Mon, 24 Mar 2014 07:18:04 GMT

Asian stocks rise modestly after China's PMI

The majority of Asian equities increased earlier on Monday trading session, however losing some of their gains after the government report showed that manufacturing purchasing index in the world's largest economy dropped to the weakest level in eight months in March. The MSCI broadest Asia-Pacific gauge outside Japan added 0.2% after it was up 0.5% before the report.

Fri, 21 Mar 2014 15:29:03 GMT

U.K. budget deficit rises more than forecast in February

Budget deficit in the United Kingdom exceeded initial projections in February as revenues increased at a slower pace than the government expenditures, the latest data released by the Office for National Statistics showed on Friday. According to the data, the nation's deficit rose to 9.3 billion pounds in February, while in February 2013 the debt was 9.2 billion pounds.

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