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Top Stories
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- More data due this week on rebounding U.S. housing market
Investors will get a further reading on the apparent rebound in the U.S. housing market, and by extension the economy, with figures due this week on December's sales of new and existing homes. Signs of further strength in the sector are considered crucial to the economy as other indicators, including business hiring and manufacturing, have been lackluster. MarketWatch
(1/20)
- U.K. is expected to mark triple-dip recession
An expected report this week showing that the U.K. economy shrank 0.1% in the fourth quarter would mean the worst such final-period performance in five years and a triple-dip recession for the country, a first. It would also finish out the worst full year for the U.K. since 2009. The Independent (London)
(1/20)
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Market Activities
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- INTERNATIONAL MARKETS OVERVIEW
Shares in Europe edged down Friday on mixed signals from the U.S. and China, and U.S. shares gained moderately with a continued investor focus on earnings reports. The Stoxx Europe 600 lost 0.11% to end at 287.03, and the S&P 500 added 0.34% to 1,485.98, its highest finish since December 2007. Here is a continuously updated list of global stock indexes. The Wall Street Journal
(1/21)
, The Wall Street Journal
(1/18)
, CNNMoney
(1/18)
- Asian shares add strong finish to an up week
Strong economic numbers in China and the U.S. and the prospect of major stimulus in Japan boosted shares across Asia on Friday and for the full week. On Friday, the Nikkei gained 2.86% to 10,913.30, the Hang Seng rose 1.12% to 23,601.78, the Kospi added 0.69% to 1,987.85 and the S&P/ASX was up 0.31% to 4,771.20. Bloomberg
(1/18)
Economic Trends & Outlook
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- Confidence rises among businesses in China
China's business confidence index registered its first gain in a year in the fourth quarter, and a separate measure of entrepreneurial confidence was also up, according to the National Bureau of Statistics. But those sentiments might soon be tested, as economists in Europe predict that slack global demand, particularly from the EU, is likely to be the biggest drag on China's economy this year. China Daily (Beijing)
(1/19)
, China Daily (Beijing)
(1/19)
- China's wealth gap remains dangerously wide
China's Gini coefficient, which gauges wealth disparities, has been lowered in recent years but remains dangerously high at 0.474, according to the National Bureau of Statistics. "China's Gini coefficient, between 0.47 and 0.49 during the past decade, was still relatively high, indicating the country must accelerate its income distribution reform to narrow the rich-poor gap," said Ma Jiantang, China's leading statistics official. China Daily (Beijing)
(1/19)
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CFA Institute Financial NewsBrief: Asia Pacific Edition Issues:
- Friday, January 18, 2013
- Thursday, January 17, 2013
- Wednesday, January 16, 2013
- Tuesday, January 15, 2013
- Monday, January 14, 2013
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