UK unemployment claims climbed more than predicted in February

Note: This section contains information in English only.
Source: Bloomberg
The number of UK unemployment claims surged more than expected in February and the jobless rate remained at 16-year record high. Jobless claims advanced by 7200 to 1.612 million reported the National Statistics Office on Wednesday. Economists questioned by Bloomberg expected the applications for jobless benefits to increase by 5000. The unemployment rate remained unchanged at 8.4%.
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Wed, 14 Mar 2012 13:11:10 GMT

Italian 3-year yields drop to record low since 2010

Italy managed to sell EUR 6 billion of its 3-year notes with borrowing costs declining to the lowest reading since October 2010 as ECB loans supported demand. The yield on Italian 3-year bill slipped two basis points to 2.66%. The borrowing costs on benchmark 10-year notes also gave up two basis points, attaining 4.87% compared to 7.26% in November 25.

Wed, 14 Mar 2012 12:29:24 GMT

Asian stocks trade mixed on Wednesday

Asian markets showed mixed performance on Wednesday. Japan and South Pacific region shares rallied lifted by US economic data while those in China mainland and Hong Kong slipped after Chinese PM rejected possibility for easing policy towards real-estate market. Shanghai Composite fell 2.6% and Hang Seng index lost 0.2%. In contrast Australia's S&P/ASX 200 index surged 0.9%, South Korea's Kospi added 1%

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