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Thu, 09 Feb 2012 11:23:17 GMT

Unemployment remains at 3.1%, stocks little changed on Wednesday

Swiss unemployment remained unchanged in January, said the Swiss State Secretariat for Economic Affairs on Wednesday. Jobless rate was at 3.1 per cent, the same as in December.

Thu, 09 Feb 2012 11:23:07 GMT

BRC: U.K. shop price inflation declined in January

U.K. shop price inflation fell to 1.4% in January from 1.7% in December, the British Retail Consortium announced on Wednesday. Food inflation declined to 3.7 per cent from 4.2 per cent in December. Non-flood inflation eased to zero from 0.3 per cent in the last month of 2011.

Thu, 09 Feb 2012 11:22:58 GMT

U.S. stocks closed with mild gains on Wednesday

U.S. stocks closed positive on Wednesday while investors awaited the outcome of negotiations between Greece and the troika.

Thu, 09 Feb 2012 10:46:07 GMT

Greece struggles to secure a 130 billion euro bailout

Greece leaders gathered on Wednesday to agree on a reform deal in return for a 130 billion euro bailout from the European Union and the International Monetary Fund.

Wed, 08 Feb 2012 13:16:04 GMT

Japanese stocks closed mixed on Tuesday

Japanese stock indexes ended mixed on Tuesday after Japan Tobacco Inc. raised its earnings forecast and Greece struggled to secure a €130 billion international bailout.

Wed, 08 Feb 2012 13:15:58 GMT

Swiss stocks edged slightly higher on Tuesday

Swiss stocks rose modestly on Tuesday. The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, advanced 0.17%, or 10.56 points, to 6,157.59. The broader Swiss Performance Index added 0.17%, or 9.47 points, to 5,585.07.

Wed, 08 Feb 2012 13:15:52 GMT

U.K. retails sales fell in January

U.K. retail sector contracted in January as shoppers limited their spending ahead of a difficult year. Retails sales dropped 0.3 per cent in January from the same period last year when they rose 2.2 per cent, the British Retail Consortium announced on Tuesday.

Wed, 08 Feb 2012 13:15:46 GMT

U.S. stocks edged higher Tuesday amid Greece financial rescue optimism

U.S. stocks rose on Tuesday as investors awaited the outcome of discussion on a financial aid package for Greece.

Wed, 08 Feb 2012 13:15:41 GMT

Greece, Troika work on final bailout agreement

Greece's government is preparing a final version of an agreement on budget and structural measures required for a 130 billion euro bailout, said a Greek government official.

Tue, 07 Feb 2012 11:06:19 GMT

Japanese stocks rose on Monday

Japanese stocks rose on Monday after U.S. companies created more jobs than expected in January and Nikon Corp. together with Oki Electric Industry Co. raised profit forecasts.

Tue, 07 Feb 2012 11:06:08 GMT

Swiss stocks edged lower on Monday

Swiss stocks dropped on Monday. The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, declined 0.10%, or 6.28 points, to 6,147.03. The broader Swiss Performance Index shed 0.08%, or 4.31 points, to 5,575.60.

Tue, 07 Feb 2012 11:06:02 GMT

Halifax: U.K. house prices rose 0.6% in January

U.K. house prices rose 0.6% to £160,907 in January, for the first time in three months, said the Halifax, the mortgage unit of Lloyds Banking Group Plc on Monday.

Tue, 07 Feb 2012 10:42:21 GMT

U.S. stocks fell on Monday amid uncertainty over Greek bailout

U.S. stocks declined on Monday, snapping a three-day winning streak, after the meeting of euro zone ministers was postponed because of Greek reluctance to commit to reforms.

Tue, 07 Feb 2012 10:00:02 GMT

German factory orders rose 1.7% in December

German factory orders increased more than expected in December as demand from overseas helped the euro zone's largest economy to weather the debt crisis. Orders rose 1.7 per cent, after declining 4.9 per cent in November, said the Economy Ministry on Monday.

Mon, 06 Feb 2012 14:12:37 GMT

Payrolls jump, unemployment rate decreases to 8.3% in January

The number of Americans, who have found a job in January rose to nine-month high of 243,000, said the Labor Department on Friday, pushing unemployment rate lower to 8.3 per cent, the lowest in three years.

Mon, 06 Feb 2012 14:12:30 GMT

Euro zone retail sales declined 0.4% in December

Euro zone retail sales declined unexpectedly in December, said the European Union's statistics office Eurostat on Friday. Retail sales fell 0.4 per cent from November after declining by the same amount in October.

Mon, 06 Feb 2012 12:35:06 GMT

Japanese stocks declined on Friday

Japanese stocks lost ground on Friday after Nippon Sheet Glass Co. and Oji Paper Co. cut profit expectations amid weak demand from Europe.

Mon, 06 Feb 2012 12:34:59 GMT

Swiss stocks gained on Friday after U.S. jobs data

Swiss stocks climbed on Fridays after U.S. employers added more than expected jobs and unemployment rate fell to lowest since 2009.

Mon, 06 Feb 2012 12:34:51 GMT

U.K. recession fears ease as service sector expands

U.K. service sector expanded in January at faster pace, compared to December, raising hopes the country may avoid recession. The Markit/Cips services purchasing managers' index (PMI) rose to 56 from 54 in October, said the Markit research agency on Monday. Reading above 50.0 indicates industry expansion.

Fri, 03 Feb 2012 10:04:31 GMT

Japanese stocks closed higher on Thursday

Japanese stocks gained on Thursday after better-than-expected manufacturing data from the U.S. and Europe. The Nikkei 225 climbed 0.76%, or 67.03 points, to 8,876.82, while the broader Topix advanced 0.59%, or 4.49, to 762.45.

Fri, 03 Feb 2012 09:07:02 GMT

Swiss trade surplus narrows in December, stocks closed lower Thursday

Swiss trade balance narrowed more than expected to 2.07 billion francs in December from the revised 2.95 billion francs in November, shows the data published by the Federal Statistical Office on Thursday.

Fri, 03 Feb 2012 08:54:31 GMT

Construction firms more optimistic in January; stocks little changed

U.K. construction companies remain optimistic about their prospects, shows a survey of the sector. The Markit purchasing managers index for the construction sector declined to 51.4 in January from 53.2 in December. Reading above 50 indicates industry expansion.

Fri, 03 Feb 2012 08:54:18 GMT

U.S. jobless claims fall

The number of Americans claiming for unemployment benefits declined to 367 thousand in the week ended January 28 from 379 thousand the week before, said the Department of Labor on Thursday.

Fri, 03 Feb 2012 08:54:05 GMT

Spanish unemployment claims jump in January amid recession

Spanish unemployment claims rose by the most since 2009 in January as the country entered its second recession in three years. The number of people claiming unemployment benefits jumped by 177,470 to 4.6 million, the Labor Ministry said on Thursday.

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