Jobless rate remains unchanged in Japan

Note: This section contains information in English only.
Source: mninews
© Scanpix/FP

Japan's seasonally adjusted unemployment rate is projected to remain at 4.1% in October, the same as a month earlier. Meanwhile, the proportion of job offers to seekers improved to 0.68 in October as compared to September 0.67, according to survey of Market News International. However, the experts claim the decrease in jobless rate does not necessarily imply better economic situation in the country.

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Fri, 25 Nov 2011 14:03:13 GMT

Retail sales in Italy fall

Italian retail sales have been decreasing for five months signaling on the worsening situation in the third-largest EU economy. Retail sales declined by 0.4% in September, Istat reported. Economists projected sales to be flat. Total decline in sales for Q3 is estimated as 0.6%. Industrial production also fell in Q3 contributing to bleak economic outlook of Italy.

Fri, 25 Nov 2011 14:00:29 GMT

European stocks fluctuate amid worries on bailout fund

European equities erased gains and swung back into downward trend as Financial Times reported that European Financial Stability Facility may not manage to raise sufficient amount of funds to boost its firepower over 1 trillion euros. Stoxx Europe 600 Index lost 0.3% reaching 219.43 in morning trade. According to FT even lower funding level might be problematic to reach. 

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