The News / Hottest Related

Spain's registered unemployment logged the biggest decline for the month of May signaling that the economy is finally set to recover from a deep-recession, data from the labor ministry revealed Tuesday.

More...

Residential building activity in New Zealand spiked a seasonally adjusted 12.0 percent in the first quarter of 2013 compared to the previous three months, Statistics New Zealand said on Wednesday - marking the highest increase in 10 years.

More...

Residential building activity in New Zealand surged a seasonally adjusted 12.0 percent in the first quarter of 2013 compared to the previous three months, Statistics New Zealand said on Wednesday.

More...

China's service sector grew only marginally in May, adding to concerns that the prospects of an economic recovery still remained bleak after a gauge of manufacturing sector performance showed contraction in activity for the first time since October 2012.

More...

The French government should strengthen its economic reforms to keep pace with the country's European peers and narrow the competitiveness gap between France and its trading partners, the International Monetary Fund said in a report on Tuesday. The Washington-based lender also lowered the growth outlook for the economy and said there is scope to moderate the pace of fiscal consolidation.

More...

With output increasing by less than previously estimated, the Labor Department released a report on Wednesday showing a downward revision to the pace of growth in U.S. labor productivity in the first quarter of 2013.

More...

Raising concerns about Friday's jobs report from the Labor Department, payroll processor Automatic Data Processing, Inc. (ADP) released a report on Wednesday showing much weaker than expected private sector job growth in the month of May.

More...

After reporting a sharp drop in new orders for manufactured goods in the previous month, the Commerce Department released a report on Wednesday showing a rebound in factory orders in the month of April.The report said factory orders increased by 1.0 percent in April compared to a revised 4.7 percent decrease in March. Economists had been expecting orders to rise by 1.5 percent.

More...

Growth in the U.S. service sector continued at a slightly faster rate in the month of May, according to a report released by the Institute for Supply Management on Wednesday. The ISM said its non-manufacturing index edged up to 53.7 in May from 53.1 in April, with a reading above 50 indicating growth in the service sector. Economists had expected the index to climb to 53.5.

More...

Australia's merchandise trade surplus came in at a seasonally adjusted A$28 million in April, plummeting 95 percent on month, the Australian Bureau of Statistics said on Thursday. The headline figure was well shy of forecasts for a surplus of A$180 million following the upwardly revised A$555 million surplus in March (originally A$307 million).

More...