European non-performing loans (NPLs) held by banks have increased to €1.2 trillion (up by nearly € 100 billion in 12 months) driven mainly by reported increases in Italy, Greece, Spain and Ireland, says PwC in its latest market ...
Tags: Non-Performing Loans, Service
The Markit Eurozone PMI Composite Output Index fell from September’s 27-month high according to the October flash estimate, but remained above the 50.0 no-change level for a fourth successive month. At 51.5, down from 52.2 in ...
Tags: PMI
The German economy is on the verge of an upturn driven by domestic demand. The improving global economic climate and decreasing uncertainty are fuelling investment. Private consumption is benefitting from favourable employment and income ...
The Markit Eurozone PMI Composite Output Index rose to a 27-month high in September, signalling the largest rise in activity since June 2011, according to the flash estimate. The flash PMI rose for the sixth consecutive month, up from 51.5 ...
While Germans can pay each other with Bitcoins, companies need permission from the authorities to use the virtual currency. The German Federal Ministry of Finance said on Monday that Bitcoin is not a full-fledged currency but that it is ...
Tags: Computer Products
The Eurozone manufacturing downturn eased for the first time in four months in May. Moreover, all sub indices from the latest survey improved on the earlier flash estimates except suppliers’ delivery times. At a 15-month high of ...
Tags: Manufacturing, May, Eurozone
THE Australian dollar was slightly higher yesterday after taking a roller-coaster ride in the previous 24 hours. On Thursday afternoon the currency dropped to an almost three-year low of US94.35c, but in offshore trade on Thursday night ...
Tags: Service
THE Australian dollar has jumped sharply higher in a morning of volatile trading. The currency hit a two-and-a-half year low of 94.35 US cents shortly after midnight AEST before staging an impressive recovery. It climbed almost ...
Tags: Service
The Australian dollar is slightly higher after it was taken on a roller coaster ride over the past 24 hours. The currency dropped yesterday afternoon to an almost three-year low of 94.35 US cents, but in offshore trade last night it ...
Tags: Dollar, US Economic Figures
The Australian dollar traded slightly lower during holiday-thinned Asian trade as a dearth of local developments left traders waiting for key events offshore. Topping the watch list are European Central Bank and US Federal Reserve ...
Tags: Australian dollar, bond issuance
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
GFK GeoMarketing has released a study on European retail in 2013. The data was compiled and evaluated on behalf of the European Shopping Center Trust (ESCT). Published as an English-language compendium, the study provides a Europe-wide ...
Tags: GFK GeoMarketing
The US economy is unlikely to fall back into a recession, despite the March 1 sequester, because a revival in the private sector is likely to offset the fiscal drag of public spending cuts, according to EFIC's latest issue of World Risk ...
LED chipmaker Epistar plans to find important downstream strategic partners by issuing 250 million new shares for private placement, and targeting Europe- and US-based lighting brands as investors. The deal is expected to be completed ...
Tags: LED chipmaker, Lighting, LED
Oil futures settled lower Monday after extending an overnight slide that saw the front-month NYMEX crude contract trade below $90/barrel for the first time since December 26. NYMEX April crude settled 56 cents lower at $90.12/b, while ICE ...
Tags: Oil futures, Brent crude, Oil Price