Economic News
The Bank of France on Monday upgraded its growth outlook for the third quarter, as business confidence recorded a notable improvement in August. (Sep 9, 2013) Full Article
Taiwanese exports grew by less than expected 3.6 percent in August from the previous year to $25.64 billion, official data showed Monday. It was forecast to increase by 3.9 percent. (Sep 9, 2013) Full Article
Eurozone's investor confidence increased in September to the second-highest level on record, and to a significantly larger extent than economists had forecast, as the region emerged from its long-drawn recession in the second quarter, a closely watched survey revealed Monday. (Sep 9, 2013) Full Article
A composite leading indicator of the Organization for Economic Cooperation and Development continued to signal diverging growth patterns across major economies, data showed Monday. The indicator points to improvements in growth in most major OECD countries but stabilizing or slowing momentum in large emerging economies. The overall index rose 0.88 percent annually to 100.7 in July. (Sep 9, 2013) Full Article
U.K. Chancellor George Osborne on Monday said the British economy is turning a corner but many risks remain. Although the economic plan of government is working, “these are still the early stages of recovery,” he noted. (Sep 9, 2013) Full Article
Forex Top Story
Japan posted a current account surplus of 577.3 billion yen in July, the Ministry of Finance said on Monday - remaining in the green for the sixth straight month after three consecutive months of deficit. (Sep 9, 2013) Full Article
Japan's gross domestic product was up 0.9 percent in the second quarter of 2013 compared to the previous three months, the Cabinet Office said in Monday's revised report. (Sep 9, 2013) Full Article
Inflation in China eased slightly in August, giving more leeway for the government to initiate growth-oriented measures. (Sep 9, 2013) Full Article
Political News
The ex-President of Maldives, Mohammed Nasheed, is heading for a run-off in Presidential elections after falling short of majority to emerge as clear winner, reports said Sunday. (Sep 9, 2013) Full Article
Kremlin-backed Sergei Sobyanin won Sunday's Moscow mayoral election defeating his main rival and Opposition leader Alexei Navalny, Russian media reported. (Sep 9, 2013) Full Article
A 50-member Egyptian panel headed by Arab League former Secretary-General Amr Moussa has begun work on amending the country's Constitution that would ban political activities by religious organizations including the Muslim Brotherhood of ousted President Mohamed Morsi. (Sep 9, 2013) Full Article
Currency Alerts
The Japanese yen slipped against other major currencies in early Asian deals on Monday, as regional stocks advanced after the country's GDP data was revised up in the second quarter and on Tokyo's successful bid to host Olympics for 2020. (Sep 9, 2013) Full Article
The Chinese yuan gained ground against the U.S. dollar in the Asian session on Monday, as country's trade surplus beat forecasts in August. (Sep 9, 2013) Full Article
The Canadian dollar edged higher in early New York trading on Monday, especially against its U.S. counterpart, after a report showed that Canadian building permits rose to much higher-than-expected in July. Building permits rose 20.7 percent to C$7.99 billion, Statistics Canada said in a report today. The figure came well above expectations for an increase of 3.5 percent. (Sep 9, 2013) Full Article
General News
Thirteen people were injured when a Thai Airways jetliner with 288 passengers and 14 crew members on board skidded off the runway while landing at Bangkok's main international airport on Sunday night. (Sep 9, 2013) Full Article
Jubilant over selecting Tokyo as the venue of 2020 Summer Olympics and Paralympics, the Japanese government is starting preparations for the world's biggest sporting event with Prime Minister Shinzo Abe calling a meeting of his Cabinet on Tuesday to discuss the successful conduct of the games in the Japanese capital. (Sep 9, 2013) Full Article
Two people were killed and 17 others injured in an explosion near a school in south China's Guangxi Zhuang Autonomous Region on Monday morning, state media reported. (Sep 9, 2013) Full Article
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