China's trade slid in January

Note: This section contains information in English only.
Source: Bloomberg
Chinese exports and imports contracted more than expected in January, performing the first drops in 24 months as Lunar New Year holidays hindered trade and commodity value faded. Foreign shipments lost 0.5% while imports fell 15.3% from previous year. Economists predicted the decline in imports may reach 3.6%. Nation's trade surplus surged to USD 27.3 billion. 
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Fri, 10 Feb 2012 07:11:47 GMT

US jobless claims dropped last week

The number of Americans who filled applications for jobless benefits declined more than forecast in the week which ended February 4. Claims for unemployment benefits fell by 15 000 last week to 358 000. Economists predicted applications may fall to 370 000. The drop in applications for jobless benefits is an additional evidence for improvements in US labour market.

Thu, 09 Feb 2012 15:22:34 GMT

DAX index rallies on Greek debt

German DAX 30 index surged 0.9% on Thursday, and extended gains after Mario Draghi announced he has received a confirmation from Greek PM Papademos that austerity measures have been approved. Daimler AG shares rallied, hitting 6-month record high after posting a 39% increase in 4th quarter profit. Car makers contributed to the gains as BMW AG appreciated 3.75% and Volkswagen

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