Japan's GDP first quarter growth higher than expected

Note: This section contains information in English only.
Source: Reuters
Japanese economic growth in the first three months of 2012 accelerated at slightly faster pace than predicted. The final estimate was revised upwards from 1.0% to 1.2%. Analysts predicted the gauge to reach 1.1%. The source of increase came from higher private consumption and capital spending. 
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Fri, 08 Jun 2012 06:29:28 GMT

Australian trade shortfall narrowed in April

Australian trade deficit dropped to AUD 203 million (USD 201.9 m) in April from a AUD 1.28 bn in March, reported Australia's Bureau of Statistic on Friday. Analysts predicted a slower decline of trading gap to AUD 920 m. Nation's exports in April surged by 3% while imports diminished by 1%. 

Fri, 08 Jun 2012 06:07:28 GMT

Japanese current account surplus faded in April

Japan reported smaller than predicted current account surplus in April, reflecting the negative effect from weakening global demand which is weighing on exports. The nation's current account excess narrowed to 333.8 bn Yen. Economists questioned by Bloomberg expected a drop only to 440.8 bn Yen. 

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