Japan's car production increase on strong demand

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Source: RTT News

Japanese automobile production advanced in February rising for the sixth successive month, the latest report released by the Japan Automobile Manufacturers' Association unveiled on Monday. According to the report, the country's auto production gained 7.1% totaling 863,397 units in the month of February on strong domestic demand.


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Mon, 31 Mar 2014 13:59:04 GMT

Japan's housing starts ease in February

Housing starts in the Asia's second largest economy increased in February, however the pace of growth was lower than economists initially expected, a data published by the Ministry of Land, Infrastructure, Transport and Tourism showed on Monday. The country's housing starts gained year-on-year 1% in February, while the figure was forecast to jump 6.1%.

Mon, 31 Mar 2014 13:37:03 GMT

Euro trades near $1.40 on inflation data

The 18-nation bloc currency advanced on Monday trading session rising towards the strongest level in three weeks versus the Japanese Yen and rebounding from last week's drop after a report showed that inflation in the area eased last month. The Euro was traded near the level of $1.40 and forced some players to intervene to talk the currency down.

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