RBS loss broadened in first quarter

Note: This section contains information in English only.
Source: Marketwatch
Royal Bank of Scotland Group said on Friday its loss for the first three months of 2012 advanced, citing slowdown and tougher regulations. RBS loss for the first quarter reached to GBP 1.52 billion (USD 2.46 billion) compared to a GBP 528 million shortfall in similar period last year. RBS also said it will repay next week the last portion of government support. RBS shares jumped 3.2% on Friday.
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Fri, 04 May 2012 11:52:54 GMT

Asian shares trade lower ahead of US non farm payroll report

Asian stocks dropped on Friday, following a sharp decline in energy prices. Moreover investors awaited the US non farm payroll data. South Korea's Kospi lost 0.3%, while Australian S&P/ASX 200 and Hang Seng indices each shed 0.8%. Shanghai Composite Index managed to breach downward trend and climbed 0.5%. Japanese markets remained closed for holidays.

Fri, 04 May 2012 11:15:25 GMT

Euro Zone's services and production output contracted in April

Euro Area production and services output declined more than predicted in April, indicating the region continues to deteriorate. The composite index estimating both sectors fell from 49.1 in March to 46.7 in April, Markit Economics reported today. The latest drop is the fastest since October 2011. Euro stayed lower after the news. 

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