U.K. unemployment claims falls

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Associated Press
U.K. unemployment claims dropped the most in approximately 16 years in September, while the jobless rate remained at 7.7% for a third consecutive month on signs that the labor market is gaining momentum. Jobless claims declined 41,700, the most since year 1997, topping the economists' predictions of 25,000, according to the Office for National Statistics.
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Thu, 17 Oct 2013 06:25:05 GMT

U.S. homebuilder confidence slips unexpectedly in October

Homebuilder confidence in the world's largest economy surprisingly declined in October, a report released by the National Association of Home Builders revealed on Wednesday. According to the report, the NAHB/Wells Fargo Market Index slipped from a level of 57 points recorded in September to 55 in October, while it was originally forecast to stand at 58.

Wed, 16 Oct 2013 15:25:09 GMT

European shares reverse decline

European shares reversed their earlier retreat after a report that the Republican leader has approved a proposal to raise the government's debt limit. The Stoxx Europe 600 Index rose 0.2% to 315.45 as of 3:04 p.m. London time, reversing its previous decline of 0.6%. The U.K.'s FTSE 100 gained 0.3%, while Germany's DAX climbed 0.5%.

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