The Topix index was up 0.2% on stellar earnings from Mitsubishi and Fujikura. Stimulus driven Japan is continuing its torrid pace towards growth. 2013 was one of the best years in more than a decade. The month of January continues to show a strengthening Japan.
The Indian Sensex pulled back 1% on Friday and closed the week with a 1.5% increase. Tata Consultancy declined 5.8% during trading on Friday, despite for entire year of 2013, Tata had its best year on record, a 73% increase.
The Brazilian economy issued data for the final month of 2013. On the one hand, the CPI increased to 5.91%, much higher than the expectations and greater then Mr. Alexandre Tombini’s estimate of 5.81%. This was a 50 basis point interest rate rise, now exceeding the 10% level. Despite the clear inflation, data showed that […]
The heads of the major political parties in India gathered to pay their respects to Sunanda Pushkar. The awful circumstances of the death were brought to life during the procession. Everyone present felt the pain and anguish of the family.
In Beijing today, Chinese President Xi Jinping posed for photos with the Gulf Cooperation Council. Key elements of the meeting were to cover, the construction of the new “Silk Road” project and the “21st Century Maritime Silk Road” which will across stretch the primary oceans leading through the middle east.