Japan's trade deficit may narrow until year-end: Capital Economics

Note: This section contains information in English only.
Source: RTT News
Trade balance in the Asia's second largest economy is likely to come in a deficit in the next three months of 2014 after recording a shortfall in the Q1 as domestic demand struggles, a report released by the Capital Economics showed on Monday. According to the report, the country's shortfall in the Q2 may narrow by approximately 0.75% of GDP.

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Mon, 21 Apr 2014 09:14:03 GMT

Japan's shares drop as drugmakers and property stocks fall

Japanese shares mostly declined on Monday trading session with the benchmark stock index Topix falling for the first time in a five-day period as the drop was led by drugmakers and property companies. The Topix tumbled as much as 0.2% to 1,171.40 in Tokyo following an increased by 0.7% earlier on the session.

Mon, 21 Apr 2014 08:52:04 GMT

Italy reduces income tax for people making less than 26,000 euro

Government in Italy lowered a tax on lower income earners in order to boost domestic demand and increase household incomes, the country's Prime Minister Matteo Renzi said past weekend. According to Renzi, the recent tax reduction may help about ten million tax payers and reduce the total number of taxes by 80 euro per month for people earning 26,000 euro

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