Woww German IFO Business Confidence Weakens For Fifth Successive Month, Singapore Inflation Near Two-Year Low

From Tokyo economic news, Bank of Japan Minutes mmeting: Recovery To Resume For Japan's Economy, Members of the Bank of Japan's monetary policy board said that Japan's economic activity has started to pick up again after fading in recent months, minutes from the board's meeting on August 8 and 9 revealed on Monday
From Sidney economic news, Australia's Swan: Govt. Committed To Achieving Surplus In 2012-2013, Australia's Treasurer and Deputy Prime Minister Wayne Swan said Monday that the government remains firmly committed to get the budget back to surplus in 2012-13, though the recent decline in commodity prices makes the task much more difficult
What about the Housing industry in America, Time To Focus On Firming Housing Market Fundamentals, The U.S. housing market has been a silver lining in the cloud, even as the improvement is only a modicum, paling comparisons with the pre-crisis levels
Economic news from the Singapore we reporting, Singapore Inflation Near Two-Year Low, Inflation in Singapore eased to its weakest level in 21 months in August, mainly reflecting more moderate increases in accommodation cost and services fees, data released by the Ministry of Trade and Industry and the Monetary Authority of Singapore (MAS) revealed Monday
Meanwhile, French PM Favors Giving Greece More Time On Deficit, Backing calls for more lenient bailout terms for Greece, French Prime Minister Jean-Marc Ayrault said in an interview to a French news website over the weekend that the embattled euro member should be allotted more time to cut its budget deficit and implement the planned reforms. Talking to the news website Mediapart, Ayrault said he favored giving Greece more time to pull through the crisis on condition that it remains sincere in its commitment to reform, particularly the fiscal ones
Latest economic data from Berlin, German IFO Business Confidence Weakens For Fifth Successive Month, German business sentiment declined for the fifth consecutive month in September suggesting that even the bond purchase programme announced by the European Central Bank failed to shore up confidence. The business climate index fell to 101.4, which was the lowest since March 2010, from 102.3 in August, the survey based on 7,000 executives by the Ifo Institute showed Monday. The index for current situation dropped to 110.3 from 111.1