U.K. unemployment down as jobless claims decrease

Note: This section contains information in English only.
Source: Bloomberg
Unemployment level in the United Kingdom showed a significant decline in the three months period ended in February of this year, falling below the 7% target level of the Bank of England. The indicator reached 6.9% versus 7.2% a month ago, while economists expected a slight decrease to 7.1%. Moreover, the official data reported that wage growth in the country jumped to 1.7%.
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Wed, 16 Apr 2014 10:06:24 GMT

Chinese economy grows slower, but better than expected

Economic growth in China slowed in the forst three months of this year, however increasing more than forecasted by analysts. GDP added 7.4% on the annual basis after a 7.7% expansion in the previous three-months period. Economists predicted a 7.3% econonomic advance. Among industries, primary sector rose 3.5%, secondary sector increased 7.3% year-on-year, while service sector jumped 7.8%.

Wed, 16 Apr 2014 09:44:34 GMT

Asian shares advance on telecommunication shares climb

Asian shares gained for the first day out of last four on a telecommunication shares advance and as investors speculated on stimulus prospects after China's economic growth lost its pace to the lowest level in six quarters. The MSCI Asia Pacific Index rose 1% to 138.63 at 2:26 p.m. Hong Kong time, while Japan's Topix index jumped 2.7%.

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