Indian Housing market has seen many changes in the recent years and investors have been following trends without participating.

Dhaka - Bangladesh plans to slash public sector jobs by 10 per cent in response to the global recession, newspaper reports said Thursday.

The move is part of a package of austerity measures drawn up by the Awami League-led alliance government of Prime Minister Sheikh Hasina Wazed against the backdrop of an international downturn that has begun affecting the local economy, the Bengali-language Samakal newspaper reported, quoting a government order.

Tokyo - Japan's industrial output in March marked the first growth in six months, thanks to increased production in the high-tech and machinery sectors, the government said Thursday.

The March output rose 1.6 per cent in seasonally-adjusted terms, following a 9.4-per-cent drop in February and a record 10.2-per-cent fall in January, the Ministry of Economy, Trade and Industry said in a preliminary report.

Berlin - German unemployment edged up again in April, official data released Thursday is forecast to show, amid expectations that the nation faces a surge in the numbers out of work as global recession hits the jobs market in Europe's biggest economy.

Analysts expect the Federal Labour Agency will say seasonally adjusted unemployment, which reflects overall trends in the job market, climbed by another 60,000 this month after rising 69,000 in March.

Tokyo - Japan's benchmark Nikkei 225 Stock Average rose 4 per cent Thursday on March industrial output data and optimism over a possible US economic recovery.

The Nikkei index surged 339.87 points, or 4 per cent, to close morning trading at 8,833.64, and the broader Topix index of all first-section issues also rose 29.05 points, or 3.6 per cent, to 841.04.

Investors returned from a national holiday Thursday to buy a wide range of issues after the nation's industrial production data for March came out stronger than expected.