U.S. home sales jump to highest level since 1980

Note: This section contains information in English only.
Source: Bloomberg
New house sales in the United States climbed in October of this year on its fastest pace in more than 30 years, as the number jumped to 444,000 on the annual basis from 354,000 a month earlier. Analysts, in turn, expected the number of property sales to reach 429,000. Experts say that the buying power of Americans is supported by noticeable improvements in the labor and stock markets.
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Thu, 05 Dec 2013 08:12:04 GMT

Asia's stocks tumble on Fed's stimulus

The majority of Asian shares sank on Thursday led by drops of Japanese shares and as global bond yields were seen rising amid speculation that the Federal Reserve may trim its stimulus measures earlier than expected as the U.S. economy improves. The MSCI broadest Asia-Pacific gauge outside Japan tumbled 0.3%, while Australian benchmark index slid 0.8%.

Wed, 04 Dec 2013 17:37:05 GMT

Deutsche Bank to pay 725 million euro of penalties to EU

Deutsche Bank AG, the largest bank in Germany, is one among six European financial institutions that will have to pay penalties to the EU, as they tried to manipulate with Euribor and Libor interbank rates to hidden its real costs of borrowing. DB, in turn, will pay around 725 million euros. Today, Deutsche Bank AG shares are trading down 1.2%

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