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19/06/2013 08:22
Sweden's government said Wednesday it raised 19.5 billion Swedish kronor ($3.04 billion) this morning after it sold nearly half of its stake in Nordea Bank AB (NDA.SK). The transaction saw 260 million shares sold at SEK75 each, and reduces the state's shareholding in the bank to 7.0% from 13.4% previously. Dow Jones Newswires
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19/06/2013 08:14
South Africa's current account deficit narrowed sharply in the first quarter, as a weaker rand and more favorable economic conditions abroad provided an unexpected boost to some of the country's mines and factories. The deficit was 5.8% of gross domestic product in the first three months of 2013, South Africa's central bank said Wednesday, far lower than the 6.9% deficit that economists had forecast and the 6.5% gap recorded in the fourth quarter of last year. Dow Jones Newswires
19/06/2013 07:56
Swedish consumer and manufacturing confidence rose slightly in June amid a more upbeat outlook for the economy. The National Institute of Economic Research's consumer confidence indicator, or CCI, rose to 98.2 in June from 97.7 in May. "Consumers' assessment of the Swedish economy, both at present and 12 months ahead, was less negative than in May," the think tank said. Dow Jones Newswires
19/06/2013 07:45
Statistiska Centralbyran, or SCB, the Sweden central government authority for official statistics said that in May 2013 the number of employed persons aged 15-74 amounted to 4.67 million (±34,000). Compared to May 2012, this is an increase of 51,000 persons. The employment rate was 65.3 (± 0.5)%. The number of employed women increased by 34,000 and amounted to 2.22 million (±26,000), while the number of employed men was 2.45 million (±26,000). Seasonally adjusted, the number of employed persons amounted to 4.69 million which corresponds to an employment rate of 65.6%. The trend for the number of employed continues to be slightly positive. Dow Jones Newswires
19/06/2013 01:35
Japanese exports jumped an unexpected 10.1% on year in May as a fall in the yen helped push up the value of goods sold abroad, but a robust flow of imports from China and other Asian nations kept the nation's overall trade balance deep in the red. Japan racked up a Y993.9 billion ($10.42 billion) trade deficit in May, compared with a Y907.9 billion deficit in the same month of the previous year, data from the Ministry of Finance showed Wednesday.The official also said that the import bills in May from China and the greater Asian region were the largest on record, even though Japan's exports to China increased 8.3% on year and exports to Asia grew 11.1%. Dow Jones Newswires
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