Brazil's benchmark Bovespa stock index gained over 3 percent on Friday after euro zone leaders agreed on measures aimed at cutting borrowing costs in Spain and Italy and to eventually recapitalize some banks. [ID:
At 10:09 a.m. (13:09 GMT), the Bovespa was up 3.05 percent to 54,257.58.
Shanghai contracted FDI down 10.4% in Apr
According to the latest statistics released by the Shanghai Statistics Bureau, Shanghai's contracted foreign direct investment decreased 10.4% YoY to USD 1.86 billion in April 2013.
The ci
NDRC - China steel industry posts CNY 36.49 billion profit in Q1
The profit of China steel industry in the first three months of 2013 is reported to be CNY 36.49 billion increasing 110% YoY. And that for ferrous metals mining and dressing industry declined 5.2% to
European Stocks Post Weekly Drop Amid Fed Stimulus Signs
European stocks posted their first weekly loss in more than a month as investors debated when the Federal Reserve will scale back momentary stimulus and Chinese manufacturing unexpectedly shrank.
Asia Stocks Cap Worst Week Since XXXX; Japan Plunges
Asian equities fell the most since July this week as Chinese manufacturing data missed estimates and amid concern that the U.S. might begin to unwind stimulus. Japanese shares had the largest one-day