Economy News

REFILE-UPDATE 1-Japan wholesale inflation slows but trend strong Tuesday, 13 May 2008 10:01pm EDT

(Corrects date in dateline to to ...May 14, not May 13) (For more stories on the Japanese economy, click [ID:nECONJP])  Full Article

 
Japan March current account surplus -12.3 pct y/y Tuesday, 13 May 2008 07:54pm EDT 

TOKYO, May 14 (Reuters) - Japan's current account surplus fell 12.3 percent in March from the same month a year earlier, compared with a market median forecast for a 14.2 percent fall, government data showed on Wednesday. [JPCURA=ECI]  Full Article 

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April retail sales firm outside auto sector Tuesday, 13 May 2008 05:37pm EDT 

WASHINGTON (Reuters) - U.S. retail sales excluding cars were surprisingly strong in April, showing consumers still willing to add spending punch to the economy despite soaring food and energy prices, a government report showed on Tuesday.  Full Article 

Dow falters; Yahoo lifts Nasdaq

May 13 - U.S. stocks ended mixed with the Dow held down by rising oil prices, but a rally in the Nasdaq was tied to hopes of a shake-up at Yahoo.  Play Video