Japan's current account surplus narrows

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Source: The Wall Street Journal
Although Japan's current account surplus sharply narrowed in March to $ 52.7 million, it was still larger than expected. However, economists believe the downward trend might persist, as energy imports are increasing, the particularly strong Yen is impacting the Japanese exports, and the European sovereign debt crisis is remaining in focus. That does not stimulate Japan's economic recovery, as the country is dependent on the international trade.  
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Fri, 11 May 2012 06:45:12 GMT

China's factory output missed forecast in April

China's factory production increased by 9.3% last month as compared to a March reading of 11.9% expansion, according to the national Bureau of Statistics. Experts predicted the factory output to rise by 12% in April on a yearly basis. Analysts claim that the slowdown was caused by weak domestic demand and difficulty in obtaining bank loans.

Fri, 11 May 2012 04:55:11 GMT

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