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Tag Archives: December

Canada loses 4300 net jobs in December 2014, unemployment rate stays at 6.6pc

OTTAWA: Statistics Canada said that the Canadian economy closed out 2014 by losing 4,300 net jobs in December, a slight dip that left the unemployment rate unchanged at 6.6 per cent. Looking back at 2014, Canada added 185,700 net new positions during the year, with the bulk of the increase coming in the second half of the calendar. December was ... Read More »

Singapore’s public housing resale prices hit 41 month low in December 2014

SINGAPORE: The Singapore Real Estate Exchange said resale prices of public housing units built by the Housing and Development Board (HDB) fell by 0. 4 per cent month on month in December, hitting a 41 month low, this means that the prices are now at their lowest since August 2011. Some of the flats saw price declines, while the prices ... Read More »

Singapore’s manufacturing sector falls in December

SINGAPORE: Singapore’s manufacturing sector in December fell to its lowest level in nearly two years due to a first time contraction in new orders and slower growth in new export orders. The Singapore Institute of Purchasing & Materials Management’s Purchasing Managers’ index (PMI) tumbled to 49.6 points in December, the lowest level since February 2013 and the first contraction since ... Read More »

China’s growth looks to end last year on flat note

SYDNEY: China’s growth engine looks to have ended last year on a flat note as its massive factory sector sputtered in December, though ebbing price pressures also offered scope for more policy stimulus from Beijing and across much of Asia. China’s official Purchasing Managers’ Index (PMI) slipped to 50.1 in December from November’s 50.3, its lowest level of the year ... Read More »

Spain’s manufacturing sector expands for 13th month in December

MADRID: Spain’s manufacturing sector expanded for a 13th month in December, though at slower rate than a month before, while the employment index grew at its fastest in more than seven years. Markit’s Purchasing Managers’ Index (PMI) of manufacturing companies stood at 53.8 in December, down from 54.7 in November 89 month high. It remained above the 50 mark that ... Read More »

Nintendo lists its games including ‘Cyber Deals’ on eShop with 30% discount

NEW YORK: Nintendo has also announced a little sale of its own. On the eShop platforms from Thursday, November 27th at 9 am PT until Tuesday, December 2nd at 8:59 am PT, select first party games and Virtual Console titles will be discounted up to 30% off. The list includes: Wii U The Wonderful 101 Wii Party U Mario & ... Read More »

£2 million LaFerrari XX spotted testing on Fiorano

LOS ANGELES: Ferrari has confirmed the launching of track-only version of the LaFerrari built by the XX program. The LaFerrari XX already was spotted testing on Monza and now the car heavily camouflaged and using side-fixed rear wings was spotted testing on Fiorano. Ahead of the Le Ferrari XX’s expected debut early next month in Abu Dhabi, a prototype has been spied ... Read More »

Midday: Stocks set to cross another high of 32,000pts as KSE-100 reaches 31,520pts

KARACHI: Bullish stocks adamant to rise high and high and appeared to have set eye on crossing another high of 32,000 points as benchmark KSE-100 index gained another 217.02 points or 0.69 percent to settle at 31,520.65 points till midday trading on Wednesday. The Karachi Stock Exchange continued upward march steadily and so far seems to have gained the confidence ... Read More »

42-paisa per unit cut: K-Electric ordered to share Rs5.421b with consumers

ISLAMABAD: Top power sector watchdog the National Electric Power Regulatory Authority (Nepra) ordered K-Electric to shares benefits of Rs5.412billion from its profits with its consumers and provide them immediate relief. According to reports, the Nepra’s decision comes as part of a mechanism included in K-Electric’s approved tariff in 2009, under which the power distribution company is bound to pass on ... Read More »