Economists said that the 0.1-percent fall in Britain consumer price inflation (CPI) from July’s 2.8 percent to 2.7 percent in August, coupled with lower producer price inflation (PPI) meant that CPI was likely to continue on downward path in the future.
European leaders on Friday approved a new tranche of aid to Cyprus and hinted at a gradual exit from some aid programs for debt-ridden countries in coming months.
Statistics show China’s production volume of natural gas surged 6.7 percent year on year to 106.7 billion cubic meters last year.
Despite uncertainties brought about by the U.S. threat of a military strike against Syria and a large tapering of U.S. bond purchase program, analysts believed that stocks are still the preferred areas for investment by international fund managers.
The British economy could be set in train for a period of increased growth, backed by rising housing prices which recorded their fastest rise in almost seven years.
A senior official of the European Commission (EC) on Tuesday welcomed the endorsement by the European Parliament (EP) of “tougher rules to better prevent, detect and punish market abuse.”
British central bank, the Bank of England (BOE), announced Tuesday that it is soliciting public opinions on issuing plastic banknotes in a bid to ensure good quality genuine banknotes that the public can use with confidence.
Spanish banks received a total of 84.195 billion euros (111.638 billion U.S. dollars) of public aid in 2011 to combat the crisis affecting the sector, Spain’s National Competition Commission reported on Tuesday.
Dubai’s non-oil foreign trade increased by 16 percent to 679 billion Dirham (185.16 billion U.S. dollars) in the first half of 2013, compared with the same period last year, the media office said on Tuesday.
Total consumer borrowing rose from a revised 2.8417 trillion U. A rise in consumer credit indicated consumers boosted their borrowing on spending.