IMF: "remarkable" economic performance of Germany

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Source: Marketwatch
On Tuesday the IMF claimed that the economic activity of Germany is notable taking into account the latest encumbrances related to the demand growth and banks' vulnerable situation. Economists also mentioned that country's current fiscal policy is appropriate. IMF also highlighted the importance of the Landesbanken restructuring and Germany's recession management improvement.
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Wed, 04 Jul 2012 10:15:39 GMT

Hang Seng slips 0.1% on Wednesday

Hong Kong shares did not follow overall positive market sentiment in Asia on Wednesday and country's major stock index Hang Seng closed 0.13% or 25.78 points lower at 19,709.75. Analysts associate retreatment with profit taking after recent strong gains. Moreover investors looked forward ECB interest rate decision due on Thursday. Today's loss, however, was limited as energy companies rallied due

Wed, 04 Jul 2012 15:05:38 GMT

Clinton's 'sorry' may resolve two nations' opposition

Hillary Clinton`s, US Secretary of State, apology about a baleful border conflict was followed by Pakistan renewing military supply. Pakistani decision was urged by several conversations as as Obama administration prepares to  exit Afghanistan. While the reopening of supply-line was the first sign of progress amid agreement on more than $1bn US funding for Pakistan, both sides still have their

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