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Lithuania may avoid seeking an international bailout as bond investors in search of yields close to 10 percent return to the Baltic state’s debt market.
The country’s government debt is “very attractive” and “a compelling investment story” compared with its peers in eastern Europe such as Hungary or Romania, said Lutz Roehmeyer, a Berlin-based […]
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South Korea’s central bank kept its benchmark interest rate unchanged at a record low for a sixth straight month amid “favorable” signs of economic recovery.
Governor Lee Seong Tae and his board left the seven-day repurchase rate at 2 percent in Seoul today, as expected by 12 of 13 economists surveyed by Bloomberg. The […]
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French industrial production, led by car production, rose more than expected in June, adding to signs of recovery in Europe’s second-largest economy.
Output at factories and utilities climbed 0.3 percent from May, when it rose a revised 2.8 percent, Paris-based statistics office Insee said today. Economists had forecast that production would rise 0.2, according […]
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U.K. producer prices unexpectedly rose in July, a sign the recession may be easing enough for companies to charge customers more and rebuild their margins.
The price of goods at factory gates climbed 0.3 percent from June, the Office for National Statistics said today in London. Economists predicted no change, according to the median […]
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Australian house prices rose in the three months through June for the first time in five quarters as the lowest borrowing costs in half a century and government grants spurred demand among first-time buyers.
An index measuring the weighted average of prices for established houses in the eight capital cities climbed 4.2 percent from […]
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The worst U.S. economic slump since the Great Depression abated in the second quarter as government spending programs started to kick in, while the sharpest pullback by consumers since 1980 augured a muted recovery.
Gross domestic product shrank at a better-than-forecast 1 percent annual pace after a 6.4 percent drop the prior three months, […]
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