U.S. equities gain before manufacturing data

Note: This section contains information in English only.
Source: Bloomberg
U.S. shares advanced on Friday after the benchmark index S&P 500 recorded its first two-day fall in a three-week period before a government data showed that manufacturing sector improved and amid speculation that Fed may curb stimulus sooner than expected. The S&P 500 Index surged 0.3% to 1,762.14 as of 9:51 a.m. New York tome and it has risen 0.1% this week.

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Fri, 01 Nov 2013 15:54:04 GMT

Italy's 10-year yields trades at lowest level since June

Government bonds in Italy advanced on Friday pushing the benchmark 10-year yield towards the weakest level since June amid speculation that the ECB may cut its interest rates on the next policy meeting. Italian 10-year yields decreased three basis points, or 0.03%, to 4.10% as of 1:47 p.m. in London following a drop to 4.08%, the least since June 5.

Fri, 01 Nov 2013 14:08:05 GMT

RBS to create bank for bad assets

One of the largest U.K. banks, the Royal bank of Scotland, plans to create a new internal division to keep there all bad assets. Recently, the U.K. Chancellor of Exchequer George Osborne denied the separation of the RBS into two different banks. The new division will acquire 38 billion pounds of bad debts. Moreover, the bank is going to write

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