German factory orders rise more than forecast in February

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Source: RTT News
Manufacturing new orders in Germany increased in February rising by more than economists originally expected amid strong domestic demand, a report released by the statistical office Destatis showed on Friday. The German factory new orders gained by 0.6% on a sequential basis in February, while the figure was estimated to grow 0.2%.

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Fri, 04 Apr 2014 15:49:03 GMT

U.K. house prices fall unexpectedly in March

House prices in the United Kingdom dropped in March falling for the first time in a three-month period, a report unveiled by the Lloyd Banking Group showed on Friday. According to the report, the nation's Halifax index of house prices slipped surprisingly by 1.1% on a sequential basis in March after rising by 2.5% in the month before.

Fri, 04 Apr 2014 15:27:04 GMT

China's rating affirmed at ‘A+': Fitch

Sovereign rating of the world's second largest economy was affirmed at ‘A+' by the Fitch Ratings with the outlook remained at ‘stable' as external balance sheet and economic growth recorded favourbale levels, a report released by the rating agency showed on Friday. The report also unveiled that the country's foreign reserves increased to $3.82 trillion in 2013.

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