Germany's industrial production decreased from the previous month in June, data released by the Ministry of Economics and Technology showed Wednesday.
Industrial production decreased a calendar and seasonally adjusted 0.9 percent on a monthly basis in June, reversing the previous month's revised 1.7 percent increase. Economists were looking for a 0.8 percent decline for June.
Compared to June 2011, industrial production dropped 0.3 percent in June, as it did in the preceding month. Economists were looking for a 0.3 percent annual increase.
In the two months ended June, production edged up 0.1 percent compared to the preceding two month period, data showed.
Bursa likely to extend profit taking
Share prices are expected to undergo further profit-taking next week with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) possibly retreating to the 1760 points support level.
Weak regi
Stable short-term rates seen next week
Short-term rates are expected to remain stable next week as Bank Negara Malaysia continues to intervene to reduce excess funds from the financial system.
On Thursday, the overnight rate s
Bentley China sales down 18% in Q1
Luxury car maker Bentley Motors Inc has said its auto sales in China decline 17.99% YoY to 474 units in China in the first quarter of this year.
The figure for the first three months accou
Xinjiang Kingtec Steel to issue bonds worth RMB 550 million
On May 21, Xinjiang autonomous region-based Chinese steelmaker Xinjiang Kingtec Steel Co a subsidiary of state owned company Xinjiang Cathay International Group, announced that its planned issue of e
Brazil's Consumer Sentiment Weakens Modestly In May
Brazil's consumer confidence weakened slightly in May after staying unchanged in the previous month, data released by the Getulio Vargas Foundation (FGV) showed Friday.