Emerging-market stocks surge as technology sector reaches 13-year high

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Source: Bloomberg
Emerging-market shares increased for the second straight session on Wednesday led by technology companies as Samsung Electronics Co. rose 2.6% and the whole sector reached the strongest level in 13 years and as the Philippines economic forecast was raised by the Asian Development Bank. The MSCI Emerging Market Index advanced 0.2% to 997.91 at 2:32 p.m. Hong Kong time.

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Wed, 02 Oct 2013 10:13:13 GMT

Spanish unemployment increases in September

The total figure of unemployed people in Spain advanced in the month September, a report published by the labour ministry revealed on Wednesday. According to the report, the number of unemployed increased by 25,572 on a monthly basis in September standing at 4.7 million, while on an annual basis the figure rose 0.41%.

Wed, 02 Oct 2013 09:51:03 GMT

Australia's building approvals fall more than forecast in August

Building approvals in Australia decreased by much more than economists originally expected in August, a data published by the Australian Bureau of Statistics unveiled on Wednesday. The data showed that the total number of building approvals fell 4.7% in August standing at 13,687, while the figure was projected to drop by 0.5% after it rose 10.2% in July.

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