Japan's vehicle sales surged by 78.2% last month

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Source: China.org.cn
Japanese automobile sales soared by 78.2% in March on a yearly basis, reported the Japan Automobile Dealers Association. The government's subsidies for 'green' cars essentially contributed to the sales increase. Toyota was the leading company in sales of the new cars while Nissan and Honda occupied second and fourth place, respectively.


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Wed, 04 Apr 2012 09:43:27 GMT

S&P 500 declines on Fed announcement

S&P 500 index retreated on Tuesday as Federal Reserve muffled the hopes for extra monetary stimulus. US index fell 0.4% or 5.66 points and closed at 1,413.38. Molson Coors Brewing tumbled 5.4% on news the company made an USD 3.5 billion investment in 9 European breweries. Express Scripts Inc. rallied 3.9% after completing its USD 29.1 billion acquisition of Medco

Wed, 04 Apr 2012 09:13:00 GMT

Final data: Euro Zone's composite PMI contracted to 49.6 in Q1

The primary reading of the Euro Zone's composite PMI indicated further contraction of the economic activity in the region. However, the final estimate of the PMI was above the preliminary reading of 48.7. The final PMI in the Euro Zone attained 49.6 in Q1, signaling on the mild contraction as compared to the preceding quarter reading of 47.2.

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