European shares up on economic optimism

Note: This section contains information in English only.
Source: Bloomberg
The European equity markets shows a solid increase on the first trading day of the new week, while economists predict the global economy will continue to recover. The benchmark Europe Stoxx 600 Index climbed 0.2% to 348.03 points so far, the highest level in six years. At the same time, a several number of stock markets are closed today due to holiday, including Germany and France.
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Mon, 09 Jun 2014 09:52:04 GMT

Current account of Japan remains positive

The current account balance of Japan remained in the green zone in April of the current year, already for the third month a in row, while imports slowed and foreign investment income surged. The surplus reached 187.4 billion yen in April, although analysts forecasted a 320 billion yen positive balance. However, the statistical data shows that the surplus plunged 76%

Mon, 09 Jun 2014 09:30:10 GMT

Japanese economy grows more than previously estimated

Economic growth in Japan has been stronger than forecasted initially in the first quarter of this year, as investment and consumer spending jumped. GDP advance reached 6.7% in January-March on the annual basis, while the preliminary reading showed a 5.9% rise. Among components, business investment climbed as much as 7.6%, while consumer spending increased 2.2%.

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