Bank of England may abstain expanding stimulus

Note: This section contains information in English only.
Source: Bloomberg

Mervyn King, the governor of the Bank of England, said the bank may cease adding extra financial stimulus to the economy as UK manufacturing and service gauges increased unexpectedly previous month indicating country's economy may be gaining positive momentum. Still officials are caution regarding possible impact of European debt crisis.

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Thu, 12 Jan 2012 15:28:57 GMT

Spain and Italy to auction debt first time this year

Spain and Italy prepare to sell bonds worth around 17 bn Euros today as Italian PM Monti calls investors to prize nation's austerity measures. Monti and Spanish PM Rajoy both are attempting to persuade investors the countries have put much effort to reduce debt. Spain's Parliament approved 15 bn Euro austerity package yesterday. 

Thu, 12 Jan 2012 15:29:42 GMT

Asia's equity markets mostly lower on Chinese CPI data

Most of Asian stock markets fell on Thursday after Chinese officials reported country's consumer prices rose at 4.1%, slightly lower than in November. Australia's S&P/ASX 200 dropped 0.2%, Shanghai Composite Index edged down 0.1% and Hong Kong's Hang Seng Index traded almost flat. Japan's Nikkei Stock Average gave up 0.7% but on the upside was South Korea's Kospi which edged

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