China's vehicle sales declined on growing energy prices

Note: This section contains information in English only.
Source: China.org.cn
China's car sales fell by 1.4% in the period between January and March 2012 amid soaring fuel prices. However, on an annualized rate automobile sales jumped by 22.3% during January and February. Fuel prices attained a new record continuing to create a pressure on the car customers.

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Thu, 08 Mar 2012 10:01:11 GMT

Reserve Bank of New Zealand: interest rates remained unchanged in March

The Reserve Bank of New Zealand held its key interest rate steady for the eight month in line. The interest rate was kept at 2.50% this month as sustained appreciation of the New Zealand currency eliminated the need for increasing core interest rate. After the announcement, the New Zealand Dollar posted gains against the greenback and NZD/USD traded at 0.8213,

Thu, 08 Mar 2012 09:26:11 GMT

Crude oil falls as Greek debt swap deadline looms

Crude oil futures were lower during the Asian trade on Thursday after jumping on the positive US labour market data. The looming deadline of the Greek debt swap also continued to impact the market. Light, sweet crude oil futures for April delivery traded at 105.97 US Dollars per barrel on the New York Mercantile Exchange, losing 0.18%.

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