Friday, May 13, 2011 Categorized under Industry News

Japanese Markets Trade Lower : Sumitomo, Muzuho, MUFG fall

Japan’s Nikkei was down by 0.7 percent.Shares of Sumitomo Mitsui Financial Group (SMFG) , Mizuho and MUFG were down between 2.5-3 percent deep-rooted fears of global recession risk tolerance, return to the scene easily sell out.Tokyo Electric Power Co. 7% point drop enough to increase safety further the Tohoku Electric Power. Sony, Toshiba also point drop expansion. Trading and non-ferrous safety even further. Seven have turned down the fasutori.

TSE 1st Section Trading volume was more than 10 million shares and 10 million shares for 964.3 billion. The turnover for 7625 is a high level in recent billion.

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Friday, May 13, 2011 Categorized under Industry News

German Quarterly GDP Jumps To 1.5 % ,Better than Expected

Germany the largest economy of Europe had officially unveiled their Gross domestic product stats.GDP of the country had rosed to 1.5 percent from the fourth quarter, when it rose 0.4 percent.

The gross domestic product (GDP) rose 1.5% – upon price, seasonal and calendar adjustment – in the first quarter of 2011 on the previous quarter, as reported by the Federal Statistical Office

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