Update 2: German Business Sentiment Index Edges Up
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A closely-watched index of German business sentiment barely rose in October, showing that the current recovery in Europe&#39;s largest economy lacks the strength of previous upswings.
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The German economy, the biggest in the 12-country eurozone, was teetering on the edge of its third recession in just four years at the end of 2004, but the outlook for this year is brighter with investor confidence on the rise, data showed.
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European shares closed higher for a  second day on Friday, helped by solid gains from technology  companies such as software maker SAP, though volatile oil  prices kept buying sentiment in check.
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BERLIN Business confidence in Germany unexpectedly rose in December to its highest level in eight months, figures released on Friday showed.
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German business sentiment dipped in August amid concerns over the strength of the country&#39;s economic recovery, a closely watched survey showed Thursday.
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European stock markets edged ahead in early deals, recovering some of the previous day's losses as strong company results on both sides of the Atlantic helped boost sentiment.
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Investor's Business Daily - German blue chip stocks have outperformed the global stock market and major U.S. indexes since the market's bottom in February 2003. Going into Monday, the Frankfurt Dax index had sprung 150% since then vs. 103% for the FTSE World index and 71% for the S&amp;P 500.
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Surging oil prices are weighing on business sentiment in Germany, the eurozone's biggest economy, a new poll showed.
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German consumer sentiment was shaken this month by the turmoil on financial markets caused by the US subprime crisis, a poll showed on Wednesday, reflecting fears that the country&#39;s economic honeymoon may end.
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Inflation averaged 2.2 percent in Germany last year, its highest level in 13 years, data released Wednesday by the national statistics office showed.
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Japan's Nikkei average edged up 0.26 percent by midsession on Wednesday after the Bank of Japan's quarterly "tankan" survey showed a weakening of corporate sentiment that was in line with expectations.
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The British FTSE 100 index rose 0.34 percent to 4,517.40 points in late morning trading in London, while the German DAX 30 climbed 0.16 percent to 3,823.78 points and the French CAC 40 firmed 0.43 percent to ...
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Investor confidence in Germany, Europe s largest economy, unexpectedly rose in December for the first time in five months as a drop in oil prices blunted the effect of the euro s surge against the dollar.
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The closely watched Ifo Institute index of German business sentiment barely rose in October, a result the institute said Monday illustrated that Germany's current recovery lacked the strength of previous ...
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German Gross Domestic Product grew unexpectedly strongly in the second half of last year.
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German corporate sentiment unexpectedly  rose in November to equal a 15-year high as business  expectations and firms' assessment of current conditions  improved, a key survey showed on Thursday.
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An index of leading economic indicators rose for a second month in October, the Conference Board reported yesterday.