Topix Index posts biggest weekly drop in almost a year

Note: This section contains information in English only.
Source: Bloomberg
The Japanese shares tumbled, as the tension grows in the Crimea and demand for safe-heaven assets increased. The Topix Index retreated 3.2%, after all industry groups fell. Big drop was experienced  for Toyota Motors Corp., which slumped 3% while the EBook Initiative Japan Co. plummeted 15%. The Topix Index has slumped 5.2% this week, thus having biggest weekly loss in almost a year.
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Fri, 14 Mar 2014 12:45:21 GMT

German annual inflation lower than in January

The German annual inflation slowed to 1.2% in February, thus decreasing by 0.1% from January, and still having lower rate than European Central Bank's 2% target rate for the euro zone. The German consumers paid smaller amount for motor fuels, as the prices tumbled 6.3% in February, while prices for electricity soared 2.3% and for food 3.5%.

Fri, 14 Mar 2014 09:57:36 GMT

Yen advances as demand for safe-heaven assets increases

The Yen surged 0.2% against the greenback, thus heading for its five-day winning streak, as the tension between Russia and Ukraine increases demand for safe-heaven assets. The Japanese currency is set for 1.6% weekly gain against the U.S. currency, while Yen has soared 1.8% against the shared currency since March 7. 

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