China's PMI gains to four-month high in March

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Source: RTT News
The Chinese service sector advanced in March rising at a faster rate than in the month before and reaching the highest level in four months, a report unveiled by the HSBC and Markit Economics showed on Thursday. The China's purchasing managers' index for services rose from a level of 51.0 recorded in February to 51.9 points in March.

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Thu, 03 Apr 2014 09:52:03 GMT

Gold prolongs advance from seven-week low

Gold prolongs its gain from the lowest level in seven weeks on speculation that metal's physical demand will increase. The yellow metal for immediate delivery added 0.3% to $1,293.36 an ounce at 2:26 p.m. Singapore time, after rising 0.9% on Wednesday. Gold for June delivery climbed 0.2% to $1,293.30 an ounce in New York, after snapping a five-day decline.

Thu, 03 Apr 2014 09:30:27 GMT

U.S. job growth continues in March

Private sector job growth in the U.S. increased significantly last month and the labour market also showed an increase in new jobs created, a report published by the payroll processor ADP unveiled on Wednesday. According to the report, the world's largest economy added 191,000 new jobs in March after rising by 178,000 in the month before.

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