Economic News
Australia's
TD Securities - Melbourne Institute monthly inflation gauge rose 0.6
percent in August, the largest monthly increase since March 2011,
following an increase of 0.2 percent in June, the survey showed. (Sep 3, 2012) Full Article
Indonesia's
inflation rose slightly to 4.58 percent in August from 4.56 in July,
Statistics Indonesia said Monday. Economists had forecast the rate to
slow to 4.42 percent. (Sep 3, 2012) Full Article
The
British government will introduce a bill in Parliament in the next few
weeks to speed up planning decisions and financing of private sector
building projects to jump start the recession-hit economy, Chancellor
George Osborne said in an interview to the BBC television. (Sep 3, 2012) Full Article
The
Swiss National Bank will continue to enforce the minimum exchange rate
with the utmost determination, central bank chief Thomas Jordan said
Monday. (Sep 3, 2012) Full Article
India's
exports declined 14.8 percent annually in July, the latest figures from
the Ministry of Commerce and Industry showed Monday. (Sep 3, 2012) Full Article
The
U.K. manufacturing sector rebounded in August from a month ago at a
faster-than-expected pace to a near-neutral level due to a lesser degree
of decline in production, a closely watched survey showed Monday. (Sep 3, 2012) Full Article
Forex Top Story
Inflation
in South Korea eased to its weakest level in 12 years in August,
boosting expectations that the central bank may ease policy further to
support economic growth. (Sep 3, 2012) Full Article
Japan's
companies stepped up their investment in plant and machinery during the
April-June period for a third straight quarter, but at a slower pace
than forecast by economists. (Sep 3, 2012) Full Article
China's
non-manufacturing sector growth accelerated in August, data from the
China Federation of Logistics and Purchasing (CFLP) showed Monday. (Sep 3, 2012) Full Article
India's
manufacturing sector expanded at the slowest pace so far this year in
August due to weak external demand and output disruptions caused by
power outages, data from a survey showed Monday. (Sep 3, 2012) Full Article
Australia's
retail sales declined unexpectedly in July and at the fastest pace in
almost two years as consumers trimmed their spending. (Sep 3, 2012) Full Article
Political News
Foreign
Ministers of the six-nation Gulf Cooperation Council (GCC) have
stressed the need for finding a quick solution to end the bloodbath in
Syria. (Sep 3, 2012) Full Article
The
Japanese government has reached a general agreement to purchase the
disputed Senkaku Islands in the East China Sea from their owner for
about $26 million. (Sep 3, 2012) Full Article
The
United States has pledged to assist the Iraqi government for holding
its next provincial and national elections scheduled for 2013 and 2014
respectively. (Sep 3, 2012) Full Article
Angola's
ruling MPLA party headed by President Jose Eduardo dos Santos appears
to have successfully retained its hold on power in the south-western
African nation by securing an unbeatable lead in last week's national
elections, according to partial results declared on Sunday. (Sep 3, 2012) Full Article
New
Zealand formally announced on Monday that it intended to withdraw its
troops from Afghanistan by the end of April 2013, confirming earlier
comments made in this regard by Prime Minister John Key. (Sep 3, 2012) Full Article
Currency Alerts
The
Australian dollar declined against other major currencies in the early
Asian session on Monday after the release of country's disappointing
retail sales data in July. (Sep 3, 2012) Full Article
In
the early European on Monday, the pound spiked up against other major
currencies after a report showed that the country's manufacturing PMI
rose more than expected in August. (Sep 3, 2012) Full Article
General News
Israeli
police and security forces evicted hundreds of Jewish settlers from an
illegal settlement outpost east of the West Bank city of Ramallah on
Sunday, two days ahead of a standing Supreme Court order to do so. (Sep 3, 2012) Full Article
Police
in Honduras have found the mutilated bodies of four teenage girls and a
young man dumped in rubbish bags in the port city of La Ceiba, media
reports citing officials said on Sunday. (Sep 3, 2012) Full Article
At
least nine Turkish security personnel have been killed in clashes with
members of the outlawed Kurdistan Workers' Party (PKK) in the country's
south-eastern province of Sirnak, media reports citing officials said on
Monday. (Sep 3, 2012) Full Article
Fatma
Nabil read the 12:00 noon news bulletin on Sunday wearing a dark suit
with headscarf, marking the end of decades-long ban on veiled female
news presenters from going on air in Egyptian state television. (Sep 3, 2012) Full Article
Human
Rights Watch (HRW) has called on the Indian government to accept the
recommendations by United Nations member-states at the U.N.'s Universal
Periodic Review (UPR) to address the country's most serious human rights
problems. (Sep 3, 2012) Full Article
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