India inflation climbs in August

Note: This section contains information in English only.
Source: RTTNews
India's CPI rose in August as the central bank held its policy rate unchanged noting inflation fears. CPI accelerated to 10.3% from 9.86% in July, Central Statistics Office posted preliminary data on Tuesday. Total inflation for rural regions surged to 9.9% in August, from 9.76% in previous month. The Reserve Bank of India retained its lending rate at 8% and borrowing rate at 7% on Monday.
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Tue, 18 Sep 2012 10:19:03 GMT

Asia stocks decline on China, Japan dispute

Most Asian stocks slipped on Tuesday as worries about the outcome of a territorial conflict between China and Japan pulled further on investor sentiment. The Shanghai Composite Index fell 0.9%, while Nikkei Stock Average tumbled 0.4%. The Hang Seng Index dropped 0.3% and Australia's S&P declined 0.2%, while Kospi rose 0.1%.

Tue, 18 Sep 2012 09:57:03 GMT

Australia goods' imports slid in August

Australia's imports of widgets tumbled seasonally adjusted A$373 million to A$21.24 billion in August, Australian Bureau of Statistics said on Tuesday. Intermediate and other goods for sale slipped 4%, lead by the fuels and lubricants content. While, consumption goods advanced A$107 million and capital goods added A$10 million.

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