Sarkozy and Hollande to meet in next election round

Note: This section contains information in English only.
Source: Bloomberg
Current President Nicolas Sarkozy and Socialist Francois Hollande have entered the second round of France's presidential election and will compete on the final round due May 6. Hollande got 28.6% of the vote versus 27.1% for Sarkozy, the Interior Ministry reported on Monday Le Pen took 18.1%. French bills and Euro weakened today. 
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Mon, 23 Apr 2012 10:34:24 GMT

US shares traded higher on Friday amid better earnings

US shares ended mostly in the positive territory on Friday as better than forecast earnings erased global worries. S&P 500 Index added 0.12% or 1.61 points and finished at 1,378.53, Dow Jones Industrial Average surged 0.50% or 65.16 points and closed at 13,029.26 while Nasdaq Composite fell 0.24% or 7.11 points to 3,000.45 weighed down by Apple shares.  

Mon, 23 Apr 2012 10:14:24 GMT

China HSBC PMI showed contraction in April

Chinese production activity continued to fall in April, reported HSBC on Monday. The HSBC's preliminary figure of China's PMI soared to 49.1 in April from 48.3 in March. Although the activity has increased compared to March, it still is below 50, indicating contraction. Hongbin Qu, HSBC China chief economist claimed that better reading signals the previous State easing measures start to work. He also added,

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