European stocks fall amid persisting U.S. deadlock

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Source: Bloomberg
© Scanpix/AP
European equities declined on Monday as the debt limit impasse widens after the U.S. President Barack Obama and House Republicans failed to raise the federal debt ceiling in order to avoid technical default of the country. Futures of benchmark index Euro Stoxx 50 with delivery in December slipped 0.3% to 2,953 as of 7:15 a.m. in London, while FTSE 100 Index decreased 0.2%.

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Mon, 14 Oct 2013 10:23:14 GMT

New Zealand's service sector activity rises in September

Service sector activity in New Zealand increased at a faster rate in September than in the month before, a report revealed by the Bank of New Zealand and BusinessNZ showed on Monday. According to the report, the performance of service index (PSI) advanced from 53.3 recorded in August to 55.6 points in September, while new orders rose from 54.9 to

Mon, 14 Oct 2013 10:01:08 GMT

Emerging-market stocks fall amid U.S. deadlock

Emerging-market equities dropped on Monday falling from the highest level in four months mainly due to a decline of technology shares as deadlock over the U.S. debt limit continues after Barack Obama and House Republicans failed to find an agreement this weekend. The MSCI Emerging Markets Index dropped 0.1% to 1,022 as of 2:08 p.m. Hong Kong time. 

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