Fewer Americans filed claims for jobless benefits

Note: This section contains information in English only.
Source: Bloomberg
According to the Labor Department, fewer Americans filed first-time applications for unemployment insurance payments. The figures showed that the number of claims declined by 35,000 to 353,000, during the previous week. Meanwhile, the unemployment rate remained stable at 8.2 per cent.  The main reasons for curbing employment are slowing China's economy and deepening Eurozone's debt crisis.
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Thu, 26 Jul 2012 19:07:38 GMT

German consumer climate remained stable in July

Despite heightened worries about Europe's future, German consumer climate remained constant at 5.8 points in July. Still, the indicator is forecasting an increase by 0.1 point to 5.9 in the next month. German's willingness to buy and income expectations remained at a very good level; while the overall nation's economic growth is expected to decelerate.

Thu, 26 Jul 2012 17:51:39 GMT

Ford earnings better than forecasts

Ford Motor posted a second quarter report with higher than expected earnings, but also the company doubled its estimates for losses in Europe, where debt crisis is far away from being resolved.  Soon after the report, company's shares jumped higher than 1 per cent. Company's quarterly revenue declined by 6.2 per cent to $33.3 billion, mostly because of the loss of $404 million in

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