Asian shares drop amid Japan's report on April 1

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Source: Bloomberg
Asian shares decreased on Monday with Japanese Topix Index dropping to its lowest level since March 2011 after Japan's manufacturing business sentiment report showed unexpected fall and as China's factory production rose slower than estimated. The MSCI Asia Pacific Index declined 1.3% to 133.82 in Tokyo with three falling shares for one advancing.

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Mon, 01 Apr 2013 10:36:10 GMT

Emerging markets fell for first time in 6 days

Emerging-market equities decreased for the first time in a six-day period on Monday mainly due to a notable drop of discretionary companies after shipments out of South Korea increased below forecast and China and Japan's manufacturing data showed unfavourable results on Monday. The MSCI Emerging Markets Index fell 0.2% to 1,032.80 after it gained 1.9% last week recording its highest

Fri, 29 Mar 2013 15:39:06 GMT

Italy likely to shrink more than projected in 2013

The Italian economic performance outlook for 2013 worsens, when the gross domestic product is likely to drop more than the country's government originally predicted, the President of the statistical office Istat Enrico Giovannini said on Friday. The initial outlook said that the nation's GDP would decline by 1.3% in 2013, the new estimates says the forecast is too upbeat. The

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