U.K. unemployment benefit claims fell in August

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Source: BBC

The number of filed unemployment benefit claims in the U.K. declined the most in more than two years in August, as the economy created more jobs in order to curb the recession.  Jobless benefit claims fell 15,000 to 1.57 million, the Office for National Statistics reported on Wednesday. Employment rose by 236,000 to overall 29.6 million, posting the biggest gain in two years.

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Wed, 12 Sep 2012 14:49:49 GMT

Japan's machinery orders rose more than expected in July

Japanese core machinery orders surged in July, mostly led by an increase in manufacturing sector orders. Machinery orders, which is a leading indicator of corporate capital investment, jumped 4.6% from the prior month, after adding 5.6% in June, the Cabinet Office said on Wednesday. Manufacturing sector orders rocketed 12%, sign manufacturers are more confident about Japanese economy.

Wed, 12 Sep 2012 13:43:48 GMT

German court clears way for ESM Fund

German Federal Constitutional Court cleared the way for Eurozone rescue fund on Wednesday. The European Stability Mechanism of total value of the 500 billion euro aimed to provide financial assistance to Eurozone's countries in financial difficulty.  Moreover, German Court gave parliament veto powers over any future increases in the size of the fund.

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