Japan's retail sales advanced in April

Source: Reuters
Japan's retail sales accelerated 5.8% in April compared with a previous year. It is a smaller improvement than a gain of 6.3% expected by analysts. On monthly basis sales dropped 0.3%. However, retail sales kept advancing relatively rapidly compared with a previous year when they fell sharply in the result of March earthquake. 
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Tue, 29 May 2012 06:52:03 GMT

Greek banks got 16 billion Euros from rescue fund

Four largest Greece's banks gained access to the ECB funds, according to the Greece's Ministry of Finance. The capital injection was implemented through bonds from the EFSF bailout fund and is aimed at pumping liquidity into National Bank, Eurobank, Alpha and Piraeus Bank. The banks gained 18 billion Euros for further recapitalization, the Finance Ministry added.

Tue, 29 May 2012 08:02:02 GMT

Japan's unemployment level climbed in April

Japan's jobless level accelerated 4.6% in April compared to a 4.5% in March. Economists predicted the unemployment rate to remain flat at 4.5%. However, the jobs availability in Japan also improved. The amount of new employment offers surged 3.6% from March and rallied 14.2% on yearly basis. Hiring was boosted by increasing demand for workers in construction jobs in region

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