Bank of Japan eases monetary policy on Wednesday

Note: This section contains information in English only.
Source: CNBC.com
On Wednesday, the BOJ eased monetary policy through supporting its asset buying program, as weakening exports and outcome from a territorial conflict with China showed that prospects of a short-term recovery in Japan's economy faded. The Yen dropped to a month low, bonds advanced and Nikkei stock average reached a four-month high amid the decision of a bigger-than-forecast stimulus.
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Wed, 19 Sep 2012 14:31:13 GMT

Swiss ZEW economic expectations fell in September

Economic expectations in Switzerland deteriorated in September, a survey by the European Economic Research (ZEW) and Credit Suisse showed Wednesday. The ZEW index that measures expectations of futures economic performance fell by 1.6 points to -34.9, down from -33.3 in the prior month.  A reading above 0.0 indicates optimism, while a reading below indicates pessimism.

Wed, 19 Sep 2012 10:04:07 GMT

S&P holds China property market outlook negative

The outlook for the Chinese real estate development sector stayed negative despite some advance in the last six month amid improving liquidity and an increase in sales volumes, S&P said on Wednesday. Property prices in China rose in 35 out of 70 cities in August, an increase was due to interest rate cuts by the People's Bank of China.

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