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Germany's unemployment rate held steady in October, figures from Destatis showed Tuesday. The jobless rate came in at an adjusted 4.5 percent in October, the same rate as in the previous month. In the corresponding month last year, the unemployment rate was 5.0 percent. The number of unemployed people decreased to 1.87 million in October from 1.88 million in the Continue Reading
Japan's housing starts declined for the first time in eight months in October, defying economists' expectations for an another increase, data from the Ministry of Land, Infrastructure, Transport and Tourism showed Monday. Housing starts fell 2.5 percent year-over-year in October, reversing a 2.6 percent climb in the previous month. Economists had expected the same 2.6 percent rise for the month. Continue Reading
LG Display said it is investing more than 10 trillion won ($8.71 billion) in its new organic light-emitting diode (OLED) plant. The South Korean company said it is spending an initial .84 trillion won to begin building the plant, called P10, in Paju, South Korea, to make panels across all product segments including large screens for TVs and flexible OLED Continue Reading