British trade delegation to visit RI<\/p>\n
JAKARTA: A trade delegation from Britain will visit Indonesia
\nfrom March 4 to March 8 to look for business opportunities and to
\nstrengthen trade relations between both countries, the British
\nEmbassy in Jakarta said.<\/p>\n
The embassy, in a statement, said the delegation from the
\nNottinghamshire Chamber of Commerce and Industry would be led by
\nBritain's director for international trade Michael J. Brosch.<\/p>\n
The delegates include Lincoln Diesels Plc., Probiotics
\nInternational Ltd., Fisher Scientific UK Limited, Supatag UK
\nLtd., Sewtech, Zeta Textiles, Nectar, Britannia Traders (GB)
\nLtd., and General Sewing Data Limited.<\/p>\n
The delegation will meet with the Indonesia Chamber of
\nCommerce and Industry and, aside from Jakarta, will visit several
\nother towns, including Bandung and Surabaya. --JP<\/p>\n
Japan industrial output drops<\/p>\n
TOKYO : Japanese industrial output fell 1.0 percent in January
\nfrom a month earlier, a much worse figure than economists' had
\nexpected and food for thought for the Bank of Japan's policy-
\nsetting meeting later on Thursday.<\/p>\n
The month-on-month output drop, on a seasonally adjusted
\nbasis, was much worse than a median forecast of a rise of 0.6
\npercent in a Reuters poll of 11 economists conducted last week.<\/p>\n
The Ministry of Economy, Trade and Industry also said
\nproduction remained in a declining trend, although economists
\nsaid the ministry's forecast for a strong 4.7 percent February
\nincrease in manufacturers' output -- the core component of
\noverall industrial production -- provided room for some optimism.<\/p>\n
The January figures poured cold water on hopes for a positive
\nsurprise in next week's fourth quarter gross domestic product
\ndata, and showed that Japan still had a long way to go before
\ncrawling out of its worst recession of the post-war era.
\n--Reuters<\/p>\n
Gold muted in thin European trade<\/p>\n
LONDON : Gold bullion was subdued on Thursday morning in
\nEurope, with prices fluctuating in the mid-US$290s after
\nsuccumbing to profit-taking overnight in Asia.<\/p>\n
Although gold managed to cling to positive territory, the
\novernight sell-off in Asia appears to have knocked the rises seen
\nearlier on Wednesday, when prices pushed up to the top end of the
\ncurrent trading range and 10-day highs, dealers said.<\/p>\n
Gold trickled lower on TOCOM after the yen slipped back
\nfollowing the Bank of Japan's monetary policy easing.<\/p>\n
At 1057 GMT (5.57 p.m Jakarta time), spot gold was indicated
\nat $296.90\/297.20, versus $295.90\/296.40 at Wednesday's close in
\nNew York.<\/p>\n
Silver trade remained thin, and was last quoted at $4.43\/4.45
\nan ounce, versus $4.44\/4.46 previously in New York.-- Reuters<\/p>\n
Eurozone Jan inflation jumps<\/p>\n
BRUSSELS : Euro zone consumer prices rose by more than
\nexpected in January, with estimates suggesting the switch to euro
\ncash may have boosted the monthly price increase by 0.16 percent
\nat most, Eurostat said on Thursday.<\/p>\n
The European Union's statistical agency said consumer prices
\nrose 0.5 percent in January and were 2.7 percent higher than a
\nyear earlier.<\/p>\n
The annual inflation rate was revised up from the 2.5 percent
\nestimate published earlier this month while December's rate was
\nput at 2.0 percent.<\/p>\n
Eurostat said its initial estimates suggested the euro
\nchangeover effect on the increase in prices between December and
\nJanuary was likely to be within the range of 0.0-0.16 percent.
\n--Reuters<\/p>",
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