Japanese economy expands less than forecasted

Note: This section contains information in English only.
Source: RTT News
Economic growth in Japan was only 0.3% in the last quarter of 2013, the preliminary data showed on Monday. Moreover, the expansion pace for July-September quarter was revised down from 0.5% to 0.3%. Analysts expected a 0.7% GDP rise in Q4. On the annual basis, Japanese economy jumped 1%, however, analysts predicted a much stronger pace of increase – by 2.8%.
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Mon, 17 Feb 2014 09:19:33 GMT

Asian stocks gain as sell-off in emerging markets stopped

The majority of Asian shares increased on Monday trading session adding to their last week's rally amid speculation that sell-off in emerging markets may have come to an end pushing the safe-haven assets lower. The MSCI Asia-Pacific gauge outside Japan added 0.7% extending its gain to 6% in the last eight sessions, while Indonesia's and Philippines' indexes surged 0.8%.

Fri, 14 Feb 2014 16:10:00 GMT

U.S. shares swing on industrial production report

U.S. shares swung, with the regional benchmark Standard & Poor's 500 Index set for a second consecutive weekly gain, as investors speculated on U.S. industrial production data tad declined. The S&P 500 added 0.1% to 1,831.92 as of 10:13 a.m. New York time, while the Dow Jones Industrial Average climbed 0.2% to 16,055.78.

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