New data from Japan economic news, Manufacturing Sentiment Plummets - BoJ Tankan, The Bank of Japan's quarterly Tankan survey revealed on Friday that sentiment for its large manufacturers' index plunged in the fourth quarter of 2012, showing a score of -12
Finally S&P Cuts UK Credit Outlook On Weak Economy, Fiscal Performance, Standard and Poor's on Thursday cut the outlook on Britain's triple-A credit rating to 'negative', citing risks emanating from weak economic growth and rising general government debt
From Aussie, OECD Sees Need For Stronger RBA Rate Cuts If Currency Strength Persists, The Reserve Bank of Australia may need to enact sharp reductions in the cash rate if the currency does not depreciate in tandem with a fall in commodity prices, the Organisation for Economic Co-operation and Development (OECD) said in a report on Friday
Asian giant, China Manufacturing Growth Picks Up Pace In December: Survey, China's manufacturing activity expanded at the fastest pace in 14 months in December amid a build-up in new orders, preliminary results of a survey by Markit Economics revealed Friday. The headline HSBC/Markit purchasing managers' index rose to 50.9 in December from 50.5 in November. This was the highest reading in 14 months. A PMI reading above 50 indicates expansion of the sector
Latest update economic news from Berlin, Eurozone Downturn Slows On German Recovery, The downturn in Eurozone slowed in December as the German private sector returned to growth, while contractions in the rest of the region remain worrying, survey results from Markit Economics showed Friday. The composite Purchasing Managers' Index rose to a nine-month high of 47.3 in December from 46.5 in November
Meanwhile U.S. Consumer Prices Fall More Than Expected In November, Consumer prices in the U.S. fell by a little more than expected in the month of November, according to a report released by the Labor Department on Friday, with the decrease in prices largely due to a sharp drop in energy prices
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