US manufacturing grew less than predicted in February

Note: This section contains information in English only.
Source: Bloomberg
Manufacturing in US expanded less than expected last month as number of orders fell. The ISM index of US production declined from 54.1 in the first month of 2012 to 52.4 in February. Economists predicted the index to climb to 54.6. Although there are clear signs the economy is growing, the data are anxious as consumers have endured concerns regarding job security and surging fuel prices are harming spending, suggest analysts.  
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Fri, 02 Mar 2012 08:10:52 GMT

Healthy Asian job market may halt governments from policy easing

Asian employment markets are remaining strong despite European debt crisis, limiting scope for region's central banks for monetary easing. About 66% of Asian employers said they are planning to increase salaries by 3% in 2012 while 54% of those questioned are considering to provide bonuses to at least 50% of their employees. 

Fri, 02 Mar 2012 07:48:06 GMT

European markets climb higher on Thursday

European shares ended Thursday session on positive note as banks kept collecting gains from ECB second loan program implemented on Wednesday. However improvement was limited as data showed US manufacturing expanded slower than expected. Stoxx Europe 600 index and FTSE 100 index each added 1%, while German DAX and French CAC 40 index each surged 1.3%. 

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