German 10-year bund yields drop to 1.34% on Friday

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Source: Bloomberg
German government bonds advanced for a second straight day amid concerns about Europe's debt crisis will deepened after Cypriot lawmakers did not agree with the Eurozone's bailout plan and as the nation failed to get financial support from Russian. German benchmark 10-year bund yields fell 0.02 percentage points to 1.34% earlier on Friday London session, its lowest level since January 2.

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Fri, 22 Mar 2013 15:30:12 GMT

Hong Kong shares down on concerns over European debt crisis

Hong Kong equities fell on Friday, as protests in Cyprus underscored concerns that the debt crisis in Europe could worsen. Hang Seng index posted the biggest weekly decline since August 2012. Only two sectors in the gauge advanced. Industrial and consumer goods sectors added 0.5% both. China Unicom Hong Kong Ltd, a Chinese state telecommunications operator, surged 3.7% to HK$10.74

Fri, 22 Mar 2013 14:05:07 GMT

French economy to stagnate in Q1 due to higher unemployment and weak purchasing power

France's economic performance is set to stagnate in the first three months of 2013 as nation's unemployment continues to rise notably and as consumer purchasing power stays weak, the statistical office Insee reported on Friday. The report said the French GDP will record nil growth in the Q1 following a 0.3% drop in the Q4, while the unemployment rate is

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