Global economic seems slowdown on growth, Asian leader Chinese Economy Slows For Seventh Quarter, The Chinese economy cooled further in the third quarter, extending the slowdown to seven quarters while faster-than-expected growth in industrial production and retail sales signaled a moderate pick up in economic activity at the end of the three-month period. Data released by the National Bureau of Statistics showed Thursday that the gross domestic product rose 7.4 percent year-on-year, meeting economists' expectations. This was the weakest growth rate recorded since the first quarter of 2009
Meanwhile, U.K. Sep Retail Sales Growth Exceeds Forecast, U.K. retail sales growth exceeded economists' forecast in September on healthy clothing and school uniform sales, boosting hopes of recovery in the third quarter
From Labour department, U.S. Weekly Jobless Claims Rebound By More Than Expected, After unexpectedly falling to a four-year low in the previous week, first-time claims for U.S. unemployment benefits rebounded by more than expected in the week ended October 13th
Latest update from European Union Summit, Spain Borrowing Costs Fall Ahead Of EU Summit, Spain sold more government bonds than its maximum target on Thursday at lower cost, ahead of European Union leaders gathering for a two-day summit in Brussels
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