Australia jobless rate soars more-than-expected

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Source: RTTNews
Australia's jobless rate climbed to a seasonalized 5.4% in September, the Australian Bureau of Statistics showed on Thursday. Economists expected a reading of 5.3%, while last month figure was at 5.1%. However, Australian economy increased the number of jobs by 14,500 in September, way above previous estimates of 5,000 jobs after a decline of 8,000 jobs in August.
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Thu, 11 Oct 2012 07:38:07 GMT

Japan consumer confidence declines in September

Japan's household sentiment slightly weakened in September, after an improvement in the preceding month, the Cabinet Office said on Thursday. The seasonalized consumer sentiment index slipped to 40.1 from 40.5 in August, compared to 39.7 in July. Income growth expectations advanced to 39.7 in August from 39.6 in the previous month.

Thu, 11 Oct 2012 10:00:14 GMT

US blue chips slumped; Alcoa and Chevron led losses

The Dow Jones Industrial Average Index plunged 0.95% to close at 13,344.97 on Wednesday. US blue chips came under continuous pressure after the UMF cut its global growth forecast. Pushing the Dow Jones index lower, companies within the index are expected to report weaker than expected results as global economic problems hit sales. Only two in nine sectors included in

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