Japan slides back into trade deficit, erasing March surplus

May 25, 2015

Japan slides back into trade deficit, erasing March surplus

Japan swung back into a trade deficit in April after logging its first surplus in almost three years in March, but the shortfall shrank drastically year on year, thanks to stronger exports and lower energy bills, official data showed Monday. The monthly deficit came ...

Apr 30, 2015

Industrial output for March dips 0.3%

Factory output fell by a less than expected 0.3 percent in March, preliminary data showed Thursday, but figure was nevertheless weak and underscored the uncertainty of a recovery for the world’s No. 3 economy. The drop in industrial output was caused mainly by sluggish ...

Mar 1, 2015

China's central bank cuts rates again as economy slows

China’s central bank cut interest rates for the second time in three months Saturday, adding to signs the country’s leaders are worried the economic slowdown is deepening too sharply. The People’s Bank of China announced a rate cut on one-year loans by commercial banks ...

Feb 25, 2015

U.S. consumer confidence slides after big January gain

U.S. consumers are feeling a bit less confident this month, but their spirits are still at the highest levels since before the Great Recession. The Conference Board reported Tuesday that its consumer confidence index dropped this month to 96.4 from a revised 103.8 in ...